Highlights: • Cash Receipts Up 112% quarter on quarter
•Unaudited operating cash receipts more than doubled to $329,000 for the quarter ended 30 September 2017 vs $155,000 in the June quarter
• Transaction volumes continue to grow on an upward trending trajectory
• ISXPay Australia transactional banking services now live – processing, clearing and settling funds to merchants
• ISXPay Europe imminent for ‘go live’ status.
• iSignthis business model of i) verify, ii) process and iii) acquire, clear & settle to merchants now earning revenue across all segments.
• iSignthis joins the ‘Big Four’ Australian banks and other major financial institutions as a Principal Member of Visa Inc (NYSE:V), Mastercard Worldwide (NYSE:MA) and JCB International. ISXPay can both acquire card transactions as well as issue cards.
ISX Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
