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Nature of business
Blue Label’s core business is the virtual distribution of secure electronic tokens of value
(predominantly prepaid airtime and electricity at present) and transactional services across its
global footprint of touch points.
The Group’s stated strategy is to extend its global footprint of touch points, both organically and
acquisitively, to fulfil the significant demand for the delivery of multiple prepaid products and services
through a single distributor, across various delivery mechanisms and via numerous merchants or vendors.
See the business illustrated on pages 6 and 7.
Why do consumers use prepaid products and services?
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Prepaid products are the ultimate budgeting tool, as consumers have absolute choice and control
over their spend. |
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The majority of prepaid transactions are cash based and using prepaid as a payment mechanism
eliminates the requirement for credit checks. |
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Prepaid products can be conveniently topped up, either virtually or physically as and when required by
consumers. |
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Prepaid products are sold across a broad footprint of traditional and non-traditional outlets. |
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Prepaid products enable the world’s unbanked consumers to transact efficiently. |
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