SMARTPAY WINS POSTIE PLUS AND ABC LEARNING CENTRES UPGRADES
Tuesday, July 06, 2010
AUCKLAND, 06 JULY 2010 - SmartPay (NZX: SPY),
New Zealand's leading retail services provider, today announced
that it has won a further two corporate deals to
upgrade point of sale EFTPOS systems for nationwide retail chain
PPGL (Postie Plus Ltd) and ABC Learning Centres.
ABC Learning Centres is upgrading to the latest version of the
SmartPay Cadmus terminal range; fully compliant with the most
recent Paymark security standards. PPGL is installing the
latest version of SmartPay's integrated SyncroPlus payment system
which is also fully compliant with the latest Paymark security
standards. Both of these deals follow other significant wins
for SmartPay's corporate team, including point of sale upgrades for
Paper Plus and Mitre 10.
SmartPay recently announced the installation of a payment card
industry data security standard (PCI-DSS) compliant Postilion
switch providing the ability to market new value added
services.
Ian Bailey, SmartPay Managing Director, says the upgrades for
both companies are further examples of SmartPay's commitment to
delivering value-added EFTPOS solutions to its clients.
"SmartPay's integrated EFTPOS solutions are a great fit
for PPGL and ABC Learning Centres' business requirements. We
value the opportunity to upgrade their systems and demonstrate the
benefits that SmartPay has to offer."
PPGL Ltd is one of New Zealand's largest clothing retailers and
includes baby product retailer Baby City.
Claudio Ghirelli, PPGL IT Manager says SmartPay's
awareness of its customers' needs made the decision to upgrade to
Syncro Plus an easy one.
"We had no doubt that our point of sale upgrade was going to
come from SmartPay. The advanced technology capabilities that
Syncro Plus provides are excellent and we are pleased to be working
with it. It will be an asset to our business.
"SmartPay's latest fully integrated system will ensure that we
will minimise transaction errors and can offer superior reporting
from store level to management," Ghirelli says.
SmartPay's flexibility in POS management and integrated EFTPOS
solutions ensure that both PPGL and ABC Learning Centres' business
needs are well taken care of, Bailey adds.
"We work to ensure SmartPay can offer solutions to all types of
businesses. Our business model and strategic plan is clearly
working as we have over $8 million in corporate sales backorders in
place for delivery this financial year. SmartPay is on track to
meet its year end EBITDA guidance of between $7 million and $10
million.
"Taking these contracts into account and extrapolating our
recurring revenues to the end of the year, less overheads for a
full 12 months, shows that the company is already in a positive
EBITDA position. This is a massive turnaround on last year's
performance and confirms our strategy is paying off. There
are still nine months left in this financial year and we are
looking forward to updating the market with further SmartPay
successes."
ENDS
For further information contact:
Ian Bailey, Managing Director, SmartPay
Ltd, Mobile +64 21 664 941
Linc Burgess, CEO, SmartPay Ltd, Mobile +64 21 920 134
Brenda Newth, JML Communications, Ph +64 21 655 534
About SmartPay
Limited
SmartPay is a leading provider of integrated merchant services
utilising the Internet and broadband connectivity.
SmartPay's product set includes:
- Telecommunications products and services including Voice Over
IP, Broadband, EFTPOS terminals and secure EFTPOS internet
connectivity
- Audio and video, music, messaging and media via its Retail
Radio product set.
- Prepayment products and transactional processing services
dominating the Taxi industry in NZ.
SmartPay Core Products include:
•
Wi-Fi - largest network in New Zealand
•
In-store Audio Visual Promotional Systems - Retail Radio
•
Internet enabled EFTPOS equipment sales and rental
•
Gift Cards
•
Secure Internet Payments
•
Mobile Top-up
•
Calling Cards
•
Bill Payment Solutions
•
Voice over IP (VOIP)
•
Internet payments gateway services
For more information visit - www.smartpay.co.nz