Smartpay's New Zealand Market Expansion

Smartpay Holdings Limited (ASX: $SMP) has executed a contract with Cuscal Payments NZ Limited (Cuscal NZ) to provide payment processing services, enabling Smartpay to offer acquiring services in the New Zealand market. With Marty Pomeroy as the Chief Executive Officer and Managing Director, Smartpay remains focused on delivering a complete in-store payment solution to both existing and new customers in New Zealand by 2024.

Executive Commentary on New Partnership

Marty Pomeroy, Chief Executive Officer and Managing Director, expressed, 'This is a significant milestone in Smartpay's ongoing partnership with Cuscal and the journey to becoming a trans-tasman instore payments provider, and realising a transformational opportunity for our organisation.' Mr Pomeroy also highlighted, 'Smartpay remains on track to deliver a complete in-store payment solution to our existing and new customers in New Zealand during 2024, and in the interim will continue to work closely with Cuscal and other partners to complete the remaining pre-launch requirements.'

Summary of Smartpay's Expansion Plans

Smartpay Holdings Limited (ASX: $SMP) has solidified its position in the New Zealand market by partnering with Cuscal NZ to provide acquiring services. The company's Chief Executive Officer and Managing Director, Marty Pomeroy, emphasized the significance of this partnership, highlighting Smartpay's commitment to delivering a comprehensive in-store payment solution to customers in New Zealand by 2024. Smartpay's collaboration with Cuscal NZ represents a strategic move towards becoming a trans-tasman instore payments provider, aligning with the company's ambition to capitalize on transformational opportunities. The announcement underscores Smartpay's dedication to expanding its market presence and enhancing its service offerings, ultimately aiming to meet the evolving payment needs of customers in the region.