Emerchants has signed a contract with bet365, an online gambling company, to provide their customers with reloadable winnings cards.
The cards will be launched during the first half of 2015, after the consent of Emerchants’ sponsoring Authorised Deposit-Taking Institution (ADI).
Tom Cregan, managing director of Emerchants, 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."
Emerchants is a payments solutions provider of prepaid financial card products and services in Australia. By using its Secure Account Management (SAM) system, the company provides its clients with latest financial service payment solutions for reloadable and non-reloadable prepaid card programs.