No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
(Sharecast News) - Payment solutions firm PCI-PAL has signed "a major new integrated reseller partnership" with "a leading global vendor" in the business communications, AI and CX technology space.
PCI-PAL said on Monday that the partnership followed "a successful period of collaboration" with the unnamed vendor across multiple mutual enterprise customers in North America, Europe and Australia.
Under the agreement, the vendor will resell PCI-PAL's secure payment and engagement solutions to its "extensive global customer base" through both its direct sales organisation and its established international partner ecosystem.
PCI-PAL added that new partnership will not only expand its partner ecosystem but also further strengthen its position within the enterprise CX technology market.
Sales and marketing enablement was already said to be underway, with initial pipeline generation commencing and a full commercial product launch expected later in the current trading year.
Financial terms of the deal were not disclosed.
As of 1000 GMT, PCI-PAL shares were down 0.52% at 57.20p.
Reporting by Iain Gilbert at Sharecast.com
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.
