CCA change financial limited
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March 31 (Reuters) - Change Financial Ltd (CCA) : CHANGE...

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    31/03/22
    12:35
    Post #: 60547571

    March 31 (Reuters) - Change Financial Ltd (CCA) :

    • CHANGE FINANCIAL LTD - CHANGE SIGNS EXCLUSIVE AGREEMENT WITH MASTERCARD
    • CHANGE FINANCIAL LTD - CHANGE SIGNS EXCLUSIVE 6-YEAR AGREEMENT WITH MASTERCARD FOR DIRECT ISSUING IN AUSTRALIA AND NEW ZEALAND
    • CHANGE FINANCIAL LTD - CHANGE WILL RECEIVE AN UPFRONT CASH INCENTIVE OF US$1 MILLION FROM MASTERCARD, IN ADDITION TO EXPECTED TRANSACTIONAL REVENUES
    • CHANGE FINANCIAL LTD - UNDER AGREEMENT, CHANGE WILL BE ABLE TO ISSUE PREPAID & DEBIT CARDS FROM Q4 FY22
    • CHANGE FINANCIAL - PARTNERSHIP EXPECTED TO DELIVER TRANSACTIONAL, RECURRING REVENUE, WHILE PROVIDING INCENTIVE DISCOUNT WHICH REDUCE CO'S NETWORK COST
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7.8¢ 		Change
0.005(6.85%) 		Mkt cap ! $53.57M
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