Financial services company, iSignthis (ASX:ISX) has today announced the extension of its Mastercard relationship to Australia.
The company’s Australian subsidiary isignthis eMoney has executed a Principal Membership agreement with Mastercard International for the Australian region.
The deal will allow iSignthis to provide Mastercard acquiring services to merchants directly.
iSignthis said that its principal membership facilities will be live for merchants in about 8 to 10 weeks and will greatly reduce the reliance on third party processing suppliers.
Shares in iSignthis (ASX:ISX) are trading flat at 21c