Gratifii's new agreements with EML Payment Solutions Limited

Gratifii Limited (ASX: $GTI) has announced the signing of two new agreements with EML Payment Solutions Limited, a subsidiary of EML Payments Limited (ASX: $EML). The agreements aim to deliver prepaid debit cards to Gratifii's Australian clients and extend the range of rewards available to EML's clients.

Gratifii CEO and Managing Director's perspective on the agreements

It has been great working with the team at EML. Together we have an exciting roadmap planned to allow instant rewards to be delivered straight to the digital wallets of our client's end customers and also provide added value to EML's cardholders.

Summary of Gratifii's agreements with EML Payment Solutions Limited

Gratifii (ASX: $GTI) has signed a 3.5-year Stored Value Cards Agreement with EML to distribute customer branded digital prepaid gift cards to its Australian clients. Additionally, a 12-month agreement has been inked for EML to access Gratifii's reward content. The Australian gift card market has experienced significant growth, and Gratifii expects these programs with EML to significantly increase its contribution to on-going gift card margins. The agreements validate Gratifii's strategy and provide an opportunity for material future growth through the growing popularity of gift cards in the retail and corporate employer segments.