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Cirralto welcomes successful commercial roll out of Spenda payment suite

Cirralto welcomes successful commercial roll out of Spenda payment suite Cirralto Ltd s (ASX:CRO) Adrian Floate tells Proactive s Andrew Scott they ve now upgraded its Spenda payment suite with several new features and capabilities that enable the full utilisation of payment aggregator services. The upgrade follows several months of extensive development work since signing the Visa Business Payment Solution Provider (BPSP) and MasterCard Business Payment Aggregator (BPA) agreements with Fiserv, Inc (NASDAQ:FISV). He says the new functionality within the Spenda payment stack is a significant and fundamental milestone for Cirralto. Quick facts: Cirralto

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Cirralto Ltd rolls out full-fledged, commercial version of Spenda payment suite

Cirralto rolls out full-fledged, commercial version of Spenda payment suite The improved functionality will allow Cirralto to onboard more customers in a shorter time at 40% increased margin. Existing customers will be migrated across to the new service stack throughout the month. Cirralto Ltd (ASX:CRO) has upgraded its Spenda payment suite with several new features and capabilities that enable the full utilisation of payment aggregator services. This upgrade follows several months of extensive development work since signing the Visa Business Payment Solution Provider (BPSP) and MasterCard Business Payment Aggregator (BPA) agreements with Fiserv, Inc (NASDAQ:FISV). SpendaCollect, SpendaPay and the Spenda app have all been upgraded and utilising the BPSP and BPA functionality, will enable the company to aggressively target the payments market across multiple industry sectors.

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Cirralto Ltd sees cash receipts and customer numbers grow in encouraging March quarter

Cirralto sees cash receipts and customer numbers grow in encouraging March quarter “We are in a robust financial position, with a strong, debt-free, balance sheet and a number of strategic commercial deals in pilot and in our pipeline,” says MD. The company secured $18 million from institutional, sophisticated and professional investors, leaving it well funded. Cirralto Ltd (ASX:CRO) recorded 25% growth in cash receipts and 12.5% growth in customers, its March quarterly report has revealed. Cirralto, which supplies industries with a broad range of B2B payment services, digital trading software and integrated solutions, has $24.3 million in the bank as it heads into the final quarter of the 2021 financial year.

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FTSE 100 perks up, helped by precious metals miners

FTSE 100 perks up, helped by precious metals miners
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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Cirralto Ltd confirms May 1 launch date for business payment solutions following successful phase II tests

Cirralto Ltd confirms May 1 launch date for business payment solutions following successful phase II tests
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

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