REG - PCI-PAL PLC - New Strategic Reseller & Major UK Govt Contract

PCI- PALAnnouncement

10/12/2018 07:05

RNS Number : 8899J
PCI-PAL PLC
10 December 2018
 


 
PCI-PAL PLC
("PCI Pal" or "the Company")
New Strategic Reseller Secures
Major UK Government Contract
 
PCI-PAL PLC (AIM: PCIP), the customer engagement specialist that secures and protects payment card data for companies handling payments by phone, with a focus on selling through channel partnerships, is pleased to announce it has signed a reseller agreement with a major UK based payment service provider. 
This partnership has immediately resulted in winning an enterprise sized customer within the UK Government and further validates the Company's channel strategy.  This government department operates one of the largest contact centres in Europe and our selection is a testament to the scalability and ease of connectivity of our AWS cloud platform.
The contract concludes our negotiations which we announced on the 5 September 2018 and has a total initial value of £0.85m in the first year, of which £0.61m is licence fees.
 
Commenting on the contract, James Barham, Chief Executive Officer of PCI Pal, said:
"This contract, along with other announced significant customer wins this financial year, further demonstrates the scalability of our partner centric sales and marketing strategy, a key goal for the Company.   
"This strategy is particularly relevant for the public sector where we are increasingly experiencing the benefit of partners who have well-established relationships with organisations that have contact centres."
 
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.
 
To understand our core services better please view our video on https://www.pcipal.com/en/solutions/agent-assist/




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