One wonders how deep the relationships go. Abn Amro, the major Dutch banking group is still in there too. And when you look to see that Shell is also a Dutch company and that Tafmo is utilized in almost 500 Shell stations in Australia as a part of its rollout ... then it does make one wonder if a springboard exists for Tafmo in Europe on the back of Intellects product there.
If so it will still likely take years for the benefits to flow to Intellect. No I think shareholders will have to rely on the massive hardware installations and upgrades to POS networks set to occur with EMV, wireless and contactless paayments. For these I think Intellect has placed itself very well with product and relationships.
IHG
intellect holdings limited
