REG - PCI-PAL PLC - 5 year contract through Canadian Telco

PCI- PALAnnouncement

19/10/2018 07:05

RNS Number : 5415E
PCI-PAL PLC
19 October 2018
 


 
PCI-PAL PLC
("PCI Pal", the "Group" or the "Company")
Five-year contract for new Canadian client
 
PCI-PAL PLC (AIM: PCIP), the customer engagement specialist that secures and protects payment card data for companies handling payments by phone, is pleased to announce a contract win for a minimum five-year period for a new Canadian client through a major reseller in the region worth an initial CAD $280,000. 
The contract, with a major domestic consumer business, is the first through PCI Pal's partnership relationship with one of the largest telecommunications companies in Canada.  It utilises PCI Pal's global AWS platform, ensuring that data sovereignty is maintained in Canada.
 
Commenting on the contract, James Barham, Chief Executive Officer of PCI Pal, said:
"It is very pleasing that we are starting to see the pipeline of North American opportunities secured through our channel partner relationships converting into contracts.
"Before signing, the client and our partner required us to show that we could maintain data sovereignty within Canada.   We were able to open a regional offering of our AWS platform within two weeks demonstrating the core flexibility of our offering.
"We look forward to working with this important partner in the future."    
 
This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
 
For further information, please contact:




PCI-PAL PLC


Via Walbrook PR




James Barham - Chief Executive Officer
William Good - Chief Financial Officer
 


 




finnCap (Nominated Adviser and Broker)


+44 (0) 20 7227 0500




Geoff Nash/Simon Hicks (Corporate Finance)
Richard Chambers (Corporate Broking)
 


 




Walbrook PR


+44 (0) 20 7933 8780




Tom Cooper/Paul Vann


+44 (0) 797 122 1972




 


tom.cooper@walbrookpr.com




 
 
About PCI Pal:
PCI Pal is a Payment Card Industry Data Security Standard ("PCI DSS") Level 1 certified supplier of contact centre payment solutions and services, with operations in Europe and North America, enabling organisations to take customer payments securely over the phone, and to de-risk their business from the threat of data loss and cybercrime. 
PCI Pal solutions have been procured by more than 90 organisations, many of which are global businesses in the retail, services, and utilities sectors, thereby ensuring they meet industry rules and regulations governing customer data protection.
To understand our core services better please view our video on https://www.pcipal.com/en/solutions/agent-assist/
 
 




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