To quote.....
Ingogo’s main competitor is Cabcharge, but Mr Petrie is unperturbed. “Last month we did 10 per cent of their turnover and there’s still a lot more we can take off them,” he said.
The taxi app has completed $100m in payments volume in Sydney and Melbourne and Mr Petrie wants to surpass the $1 billion mark. He hopes to expand into the other capital cities as well as increase headcount from its current 26-person base. (last month at the time of the article was August )
end quote....
E merchants is embedded in the Ingogo payments system the enables taxi drivers to convert their labour into cash at the end of their shift and they are loving it - ask any cab driver (as we did ) using Ingogo in Sydney or Melbourne. Ingogo is on fire and when they IPO early next year it will be rolled out nationally and put the spotlight on E Merchants as a vital component of their offering.
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