Group approvals at end of July were up 14% to 240 overall (vs 210 in 2Q report), which is made up of 95 Acquiring approvals (vs 80 in 2Q) and 145 EMA approvals (vs 130 in 2Q).
In addition, the sales team have built up a significant pipeline of merchant applications which are being processed by the approval/underwriting team.
The pipeline will see further growth in eMoney and card services
ISX Price at posting:
$1.22 Sentiment: Buy Disclosure: Held