miroslav110 / Shutterstock.com
The Market Herald - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

iSignthis Limited has entered into more than 10 payment facilitation agreements for the processing of cards with merchants, holding Australian Financial Service Licenses (AFSL). 

iSignthis’ focus has been on the merchants who hold an AFSL, as well as market makers including CFD, FX, Binary and equity traders where the convergence of payments (Paydentity) and multi-currency operations are in place to provide the Company and its merchants with a competitive advantage. The technology behind Paydentity has acquired more than 1.6 million persons to a KYC standard.

With the exception of NAB which offers eight currencies, ISXPay proudly offers 16, including by not limited to $AUD, $USD, $GBP, $EUR, $SGD, $HKD. 

Qualified Australian merchants also have the option to open EURO denominated eMoney IBAN accounts. eMoney accounts are available in other currencies such as including USD$, GBP£, HKD$, SGD$, CAD$, AUD$ and CHF by Quarter 2, 2019. 

iSignthis’ Australian based sales team aims to seek out more merchants as well as merchants in other categories. iSignthis’ card processing arrangements are independent of iSignthis eMoney (au) Pty Ltd. Services to these merchants are expected to commence later this week.

Please find the announcement attached

ISX by the numbers
More From The Market Herald
The Market Herald Video

Income Asset Management taps investors for $4m

Income Asset Management (ASX:IAM) has received commitments for $4 million in funds in its latest placement.

Plenti shares rocket as small loan provider teams up with NAB

Plenti (ASX:PLT) shareholders are having a fantastic day. The catalyst? The listed small loan provider has…

AMP shares rise as class action settlement agreement is reached

AMP (ASX:AMP) has reached an agreement to settle the class action brought on behalf of certain…

AMP shares sink amid news of new digital bank for Australia

AMP Limited (ASX:AMP) is bringing a new digital bank to Australia in partnership with the UK's…