Most of you are aware, SmartTrans partnered up with BPS Technology back in may 2016.
For those who are not aware, recently BPS announced a $100m financing partnership with online small business financier GetCapital, allowing BPS /Bartercard to market "tailor made" financial products to its 36,000 merchants;
https://au.news.yahoo.com/a/3256862...p-with-online-small-business-financier/#page1
BPS has also announced that it has signed an Agreement with Australian Capital Express Limited for the sale of an exclusive licence of Bartercard system in the People’s Republic of China.
The licence relates to the roll out of Bartercard across twenty one identified provinces in China for a total licence fee of US$2.625 million (AU$3.25 million). BPS Technology will also receive service fees of 6% of revenues generated from Chinese based members.
Considering SmartTrans is already providing mobile billing solution in partnership with BPS - one can only hope this recent development will bring extra revenue to SmartTrans.
Great to know SMA has many projects going - lets see how the partnership with BPS unfolds, maybe more news soon - like two think we are in for a few pleasant surprises and further ANNs in the coming weeks/months/years.
Good luck to all SH
$100m BPS Partnership signed!
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