Emerchants Ltd (ASX:EML) and Sportsbet.com.au Launch Sportsbet Cash Card
Sydney, Nov 18, 2014 AEST (ABN Newswire) - Emerchants Limited (
ASX:EML) (EMCHF:OTCMKTS) is pleased to announce that from today's date customers of Australia's biggest online bookmaker, Sportsbet.com.au, are now able to instantly access their winnings using personalised cards using Emerchants innovative technology.
The EFTPOS cards, created by Emerchants, allow Sportsbet.com.au customers to move winnings from their wagering account to their Sportsbet Cash card, which they can then use at any ATM or point of sale across Australia.
Mr Tom Cregan, Managing Director of Emerchants, said:
"We're excited to be working with Sportsbet.com.au and bringing our innovative payment solutions to their customers.
"Sportsbet.com.au customers can instantly access their winnings as cash, with Emerchants' innovative payment solutions now making this possible."
The integration of Emerchants prepaid platform into Sportsbet.com.au's wagering platforms, means its customers will be able to seamlessly deposit and manage their Sportsbet Cash card from any device.
About Emerchants Ltd
Emerchants Ltd (ASX:EML) (OTCMKTS:EMCHF) is a payments solutions provider of prepaid financial card products and services in Australia. By using its proprietary Secure Account Management (SAM) system, the Company provides its clients with innovative financial service payment solutions for reloadable and nonreloadable pre-paid card programs.
Emerchants' proprietary technology, processing capabilities and program management services offers clients more control and flexibility in managing corporate expense programs, funds disbursement, petty cash, per diems, emergency payments, disaster/welfare programs and many other individual and bulk payment scenarios. Emerchants partner with well-established banking institutions and card associations (eftpos, Visa) to ensure card programs are fully compliant, scalable and easy to implement for clients.
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