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Novatti Achieves Visa Principal Status

Highlights

  • Granted an Australian Principal Issuing Licence with Visa
  • Revenue generating contracts already signed
  • Circa $300k of additional transaction processing revenue already confirmed for this FY
  • Large target market
  • Complementary to Novatti future banking services
Novatti Group Limited (ASX:NOV), ("Novatti" or "The Company"), an online financial transactions processor and financial technology developer, is pleased to advise the market that it has applied to become, and has been granted, a Principal Issuer licence ("Visa Issuer") of Visa Worldwide Pty Limited, a subsidiary company of Visa Inc. ("Visa").

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