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Fintech Select Ltd. V.FTEC

Alternate Symbol(s):  SLXXF

Fintech Select is a provider of pre-paid card programs, an online payment platform, and a POS cryptocurrency platform that all are in-house developed platforms. The company also operates a multi-lingual call centre that provides services to customers across all its platforms, and to third-party customers. These core assets have been unified and enabled to operate through separate divisions, all harmoniously working together to create a new environment for consumers and businesses alike.


TSXV:FTEC - Post by User

Bullboard Posts
Comment by FmrAnalyston Sep 28, 2011 8:14am
239 Views
Post# 19092010

RE: nfc & ubiquitous mobile phone

RE: nfc & ubiquitous mobile phoneI've gone back through the financials and noted that the majority of the VeriFone terminals were purchased over two years ago. I'll put a call into VeriFone today but am wondering if the old terminals that SCG has out in the field can be upgraded or if they have to replace 100% of these terminals to adopt NFC payments??? As you all know, there is a huge cost in early adoption of new technology. Can SCG really afford to purchase terminals at what I'm guessing is $700 each and wait for their investment to yield returns? Just keeping things real!!!
Bullboard Posts