News: Rewardle Holdings to provide loyalty technology services to La Porchetta

Rewardle Holdings (ASX:RXH) has been selected to provide loyalty technology services Italian restaurant chain La Porchetta.

The service agreement covers an initial six restaurants from February.

If successful, the Rewardle Platform will be rolled out across the La Porchetta chain of about 70 restaurants.

This follows a previous agreement with Taco Bills, a chain of 35 casual dining Mexican restaurants operating in Victoria.

The use of the Rewardle Platform by La Porchetta beyond the pilot phase will be on standard commercial terms ($49 per month subscription per restaurant) which will represent more than $40,000 per annum of recurring merchant subscription revenue.