Business
Agreement with earthport plc
Agreement with earthport plc.
About this update from Globaldata Plc
[{"type":"text","content":"\n Datacash Group PLC\n30 November 2005\n\n\n\nStock Exchange Announcement\n\n30 November 2005\n\n DataCash Group plc (\"DataCash\") \n\n Agreement with earthport plc \n (\"earthport\" or the \"Company\")\n\n DataCash gets down to earthport in mutual agreement\n\nDataCash announces that it has signed a joint supply agreement with earthport.\nDataCash and earthport have complementary solutions to the payments market and\na commercial deal has been completed in which the companies will resell each\nothers' systems to their own customers.\n\nDataCash will promote the earthport banking network to its customers for\ntransfer of funds and payments. earthport will promote the DataCash portfolio to\nits existing customers and to new prospects.\n\nearthport will integrate a DataCash link into its UPN platform so that it will\nprovide a seamless banking pay-in and pay-out solution for DataCash customers.\nEach company will mount a marketing programme of their own product/service base\nto the other's customer base / network.\n\nDataCash Executive Director, Gavin Breeze, said, \"Our agreement with earthport\nopens a wide range of opportunities for DataCash. It will enable us to provide\nour Card Services to new customers and offer a range of new services to our\nexisting customers.\"\n\nearthport Executive Chairman, Mike Harrison, said, \"The DataCash agreement\ndemonstrates the contribution that earthport's generic payments infrastructure\ncan make to existing payment solution companies. We are very excited about the\nprospects being made available by combining our strengths with those of\nDataCash.\"\n\nEnds\n\nNotes to editors\n\n\nFor further press information, please contact:\n\nGlen Goldsmith Katie King\n\n2thefore Ltd 2thefore Ltd\nTel: 01403 25 42 42 Tel: 01892 520 123\nMob: 07812 766338 Mob: 07974 161179\nEmail: [email protected] Email: [email protected]\n\n\nFor information about DataCash, please contact:\n\n\nDataCash - www.datacash.com\n\nDataCash provides outsourced solutions for the authorisation, settlement and\nfraud management of credit and debit cards as well as direct debits, direct\ncredits and cheques. DataCash's fraud management solutions support industry\ninitiatives such as 3-D Secure (Verified by Visa and MasterCard SecureCode) as\nwell as rules-based fraud screening. Transactions are accessible to merchants\nthrou...