Melbourne, 23rd August 2018

We are pleased to announce that iSignthis has achieved certification for its JCB card acquiring service across the European Economic Area (EEA).

iSignthis was granted an Acquiring license by JCB on the 5th of June 2017, and we have since developed and certified our Tier 1 connection using our own inhouse team of software developers.

A number of contracted merchants are ready to switch-on JCB acceptance, with the Company now actively marketing JCB acceptance to new and existing merchants.

The already contracted merchants will be going progressively live over the next 2-6 weeks, with an initial GPTV in excess of $50m. The GPTV contribution by JCB acquiring will increase the Company’s total processed GPTV to more than $650m, once the balance of its Tier 1 facilities are live.

JCB has over 111m cards on issue globally, and is rapidly increasing its acceptance footprint across EMEA by expanding its merchant acceptance network, with ISXPay® now an acquiring partner.

We are delighted to help our merchants accept even greater card payment options from their customers, for improved acceptance and authorisation rates, and increased revenues.

For the official ASX announcement, click here