PAY
20/11/2015 10:15
GENERAL
PRICE SENSITIVE
REL: 1015 HRS Pushpay Holdings Limited
GENERAL: PAY: Pushpay annualised platform volume now exceeds $500m
Pushpay annualised platform volume now exceeds $500m
Auckland, New Zealand | Redmond, Washington, USA - 20 November 2015
Pushpay Holdings Limited (NZSX:PAY) ('Pushpay' or 'the Company') is pleased
to announce that its Annualised Monthly Payment Transaction Volume* now
exceeds $500 million.
Pushpay increased Annualised Monthly Payment Transaction Volume by 150% from
$200 million in March 2015 to over $500 million in the eight months to
November 2015.
Pushpay expects Annualised Monthly Payment Transaction Volume to continue to
grow at a fast pace as it executes on its USA growth strategy. The Company
will update the market when significant milestones are met excluding the
month of December which is a seasonal high period.
Pushpay Holdings Limited CEO, Chris Heaslip said, "We are delighted to see
our Annualised Monthly Payment Transaction Volume increase to over $500
million. This is an exciting milestone for the team at Pushpay and is a
testament to our focused investment in people, product and processes. Pushpay
will continue to invest in developing features that will increase Merchant
engagement and adoption with end-users which will drive increased payment
transaction volume."
Contact
Sarah Elder | Investor Relations | Pushpay Holdings Limited
P: +64 21 637 449 | E: [email protected]
www.pushpay.com
About Pushpay
Pushpay provides mobile commerce tools that facilitate fast, secure and easy
non point of sale payments between consumers and merchants. Pushpay targets
merchants who are looking to offer convenient, personalised and intuitive
payment solutions to their consumers. Pushpay services three target markets:
the faith sector; non-profit organisations and enterprises (both small medium
enterprises and corporate organisations).
Pushpay is ranked 1st on the TIN100 ASB Ten Hot Emerging Companies List and
Pushpay's co-founders Chris Heaslip and Eliot Crowther are the EY
Entrepreneur Of The Year 2015 New Zealand Young category winners.
To download the Pushpay App, visit the iTunes App Store or Google Play and
search for "Pushpay".
Visit www.pushpay.com to learn more and see an online demonstration of how
Pushpay enables merchants and consumers to "never miss the moment".
ENDS
* Annualised Monthly Payment Transaction Volume is the annualised four week
average payment transaction volume, excluding weeks falling in December given
this is a seasonal high period.
End CA:00273800 For:PAY Type:GENERAL Time:2015-11-20 10:15:19
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