SP1 0.00% $1.07 southern cross payments ltd

Ann: Diners Club International & ISXPay Acquiring License, page-3

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    Further to the announcement

    ' The addition of the Diners Club and Discover Network to our payment channel offerings means that ISXPay is now second to none in the Australian market, and one of the leaders in payment choices in the European market as well. Whilst we have work to do to integrate and certify our licensed channels, we now bring serious choice to the merchants in the markets we serve. Visa, Mastercard, JCB, ChinaUnionPay, Discover, Amex, Diners – these are household names, associated with usually the larger and more prestigious banking institutions. In the context of the ASX, no other listed entity, the major banks included, have the number of payments channels available to them as we do. We are pleased to have had included the merchant categories of MCC7995 (Gambling) and MCC6051 (Quasi Cash) as part of our Diners and Discover license, along with conventional retail and financial services in general. We are looking forward to how the US consumer may be able to access services outside of the US in wagering, sports-betting and gambling, given recent changes in US law.'
 
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