Ann: Spenda Platform to be rolled out to Carpet Court, page-203

Pilot for the stores to send payments to head office through Spenda has been successful and will roll out to all stores. It's a win.

The stores actually using Spenda through their business would be the real win here though, but this is just being 'offered' so it's remains to be seen what that uptake will be like if at all.

Similar story to all of their announcements (could be massive but only a small part of it realised) however this one is thankfully a little more specific and leaves a little less to the imagination..

The parties are also collaborating to offer the individual member stores the following products and services:
§ extended credit on their payments to the NSC, which will leverage funds from Spenda’s debt warehouse facility and utilise Spenda’s Pay-Statement-Link product;
§ Spenda’s terminals in store, including Pay-By-Link, to process payments between the individual member store and end consumer (B2C); and
§ ‘Last mile integration’, enabling full end automated reconciliation for both Carpet Court stores and the NSC.