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An American spearheads Southeast Asia's mobile payment revolution of the Philippines brings financial convenience to the unbanked

Ron Hose, founder of

SINGAPORE -- In the half a decade since he moved to the Philippines, American entrepreneur Ron Hose has built a mobile phone payment business with millions of customers -- a success he hopes to replicate elsewhere in Southeast Asia. has blazed a trail for mobile payments in the Philippines, courting customers left out of the traditional banking system. Hose set up shop there after traveling the region in search of business opportunities. "I am a big believer that growth is going to come out of Asia" for the next two to three decades, he said.

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