Crunchfish AB (publ) (CFISH) Q3 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.677 It is what it is. It's big. The project involves obviously 00:00:05.677 -- 00:00:10.223 us who are coming with a solution that they would like to integrate. 00:00:10.223 -- 00:00:13.767 It involves MPCI who are 00:00:13.767 -- 00:00:15.767 integrating 00:00:15.769 -- 00:00:19.934 in their payment network our receiving component, as they call it. 00:00:19.934 -- 00:00:24.859 This is the terminal that we have said. It's the ability to receive payments and that 00:00:24.859 -- 00:00:30.179 needs integration both in the common library in the front end, and there is a backend 00:00:30.179 -- 00:00:36.166 integration as well. And then we have agreed to, 00:00:36.166 -- 00:00:40.909 with MPCI, to involve two banks 00:00:41.532 -- 00:00:47.118 in this project as well. One is IDFC, and another one is Axis 00:00:47.118 -- 00:00:52.465 Bank. Axis is one of the four largest banks of India. 00:00:52.465 -- 00:00:56.815 They are part of it. And in the background, there is RBI. 00:00:56.815 -- 00:01:01.980 Because this is for the digital rupee, so RBI 00:01:01.980 -- 00:01:03.582 is 00:01:03.582 -- 00:01:07.186 involved in a way because it's their product. 00:01:07.186 -- 00:01:10.670 Even if MPCI implements the solution, 00:01:10.670 -- 00:01:14.734 RBI needs to be also approving 00:01:14.734 -- 00:01:19.739 things that is happening. But they are behind it, they have approved 00:01:19.739 -- 00:01:24.070 it, and they like what we do. this is going on right now. 00:01:24.070 -- 00:01:29.911 And it's, it's a big project, but 00:01:29.911 -- 00:01:34.058 yeah, plodding along as it should be. Yeah. 00:01:34.058 -- 00:01:39.042 So is this the same project that RBI is 00:01:39.524 -- 00:01:42.528 pushing for banks to handle offline payments? 00:01:42....