Outlook: Taking secure payment solutions to the US
Eckoh had a strong FY14, winning material new contracts through partners, renewing 100% of expiring contracts and integrating the Veritape acquisition. The UK partner channel has scope to generate new high value contracts and investment in the US secure payments opportunity could result in significant revenue upside. While the valuation looks full, successful execution of the growth strategy could drive upside from here.Eckoh is engaged in the provision of multi-channel customer service and secure payment solutions for customer contact centers. Co. has two areas: secure payments products and customer contact solutions. Co.'s secure payment products remove sensitive personal and payment data from IT environments and contact centers. Co.'s customer contact solutions assist organizations to transform the way that they engage with their customers by enabling enquiries and transactions to be performed on whatever device the customer chooses, through whatever form of communication. Co.'s proposition covers interactive voice, web, email, SMS, mobile, live webchat and social media.
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