Australian payment prepaid solution provider Emerchants Limited has announced that it has signed an agreement with corporate bookmaker, bet365, to provide their customers with reloadable payment cards.
It is planned that these cards will be rolled out in the first half of 2015, pending approval from Emerchants’ sponsoring Authorised Deposit-Taking Institution (ADI).
Mr Tom Cregan, Managing Director of Emerchants Limited said
“We would like to thank bet365 for entering into a multi-year agreement with Emerchants and we look forward to launching a program in market for them before the end of the current financial year, subject to bank and regulatory approval. bet365 is a significant corporate bookmaker in Australia and the bet365 Group has a substantial global presence. bet365 will be a key partner for Emerchants in the future and we look forward to working closely together with the bet365 team.
Emerchants is able to adapt to meet the expense management and funds disbursement needs of any organisation. Its corporate expense, petty cash, per diem, social payments and staff rewards programs are easy to implement and reduce administration burden and costs. Emerchants is focused on the twin goal of delivering high quality payment systems to its customers and superior returns to its shareholders.