SP1 0.00% $1.07 southern cross payments ltd

Ann: Further Australian card acquiring contracts executed, page-8

  1. 110 Posts.
    lightbulb Created with Sketch. 15
    The Poli deal is interesting. For those who aren't aware, Poli is a bit of a controversial service depending on who you ask. It gives people a simplified way to pay online via bank transfer (as an alternative to CC / Bpay / etc). But several Aussie banks have distanced themselves from it, saying it breaks their terms of service (as it effectively works by having a middleman log into your netbanking on your behalf). People have had security concerns about exposing their netbanking logins too - and rightly so.

    Seems like the Paydentity integration will be a welcome boost to security, hopefully giving Poli a bit more traction with the banks.
 
watchlist Created with Sketch. Add SP1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.