PCI-PAL PLC Continued Channel Strategy Success & Contract Wins (8482B)
June 12 2019 - 1:00AM
UK Regulatory
TIDMPCIP
RNS Number : 8482B
PCI-PAL PLC
12 June 2019
PCI-PAL PLC
("PCI Pal", the "Group", or the "Company")
Continued Execution of Channel Strategy
with key Partnership Contract Wins
PCI-PAL PLC (AIM: PCIP), the secure payments provider to contact
centres, is pleased to announce it has signed a global extension to
its UK reseller contract with leading CCaaS* and UCaaS** vendor,
8x8 Inc. This agreement builds on the Company's existing
relationship with 8x8 in the UK. The Company is also pleased to
announce today that this reseller contract has already generated
the partnership's first customer contract in the U.S. with a market
leading brand in the travel sector.
Leveraging PCI Pal's globally accessible AWS cloud platform,
this fully integrated solution will enable 8x8 to deliver secure
payment services to their customers across the globe through
simplified deployment processes and without the need for on-premise
hardware. The fully integrated service is expected to be generally
available within the next few months.
In addition, PCI Pal has also extended its existing partner
relationship with a leading telecommunications company in Canada,
signing a fully integrated reseller contract. This new agreement,
and the integration of our respective technologies, gives PCI Pal
access to the full range of their contact centre and telco customer
base in both Canada and other territories in which they
operate.
Commenting on the contracts, James Barham, Chief Executive
Officer of PCI Pal, said:
"We are very excited by these important contract extensions with
two major North American-headquartered partners. Both partners are
in key target areas for our global partner programme; CCaaS/UCaaS
and telco/carrier respectively. With customers from both
partnerships already live on our platform, we have a strong
foundation from which to open up the expanded reach provided by
these new extended agreements.
"These contracts, as well as other integrated reseller partner
wins announced earlier in the year, further strengthen our
strategic market position as the preferred solution provider for
secure payments to integrated telephony providers globally."
*CCaaS - Contact Centre as a Service
**UCaaS - Unified Communications as a Service
For further information, please contact:
PCI-PAL PLC Via Walbrook
PR
James Barham - Chief Executive Officer
William Good - Chief Financial Officer
+44 (0) 20
finnCap (Nominated Adviser and Broker) 7227 0500
Marc Milmo/ Simon Hicks (Corporate Finance)
Richard Chambers (Corporate Broking)
+44 (0) 20
Walbrook PR 7933 8780
+44 (0) 797
Tom Cooper/Paul Vann 122 1972
tom.cooper@walbrookpr.com
About PCI Pal:
PCI Pal is a specialist provider of secure payment solutions for
contact centres and businesses taking Cardholder Not Present (CNP)
payments. PCI Pal's globally accessible cloud platform empowers
organisations to take payments securely without bringing their
environments into scope of PCI DSS and other relevant data security
rules and regulations.
With the entire product portfolio served from PCI Pal's cloud
environment, integrations with existing telephony, payment, and
desktop environments is simple and light-touch, ensuring no
degradation of service while achieving security and compliance.
PCI Pal has offices in London, Ipswich (UK) and Charlotte NC
(USA). For more information visit www.pcipal.com or follow the team
on Twitter @PCIPAL.
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
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END
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