StockMarketWire.com - Eckoh has won its largest US secure payments contract - a five-year deal worth $3.7m to provide secure payment services to a large US telecommunications provider.

The solution, which will be deployed in financial year FY18, uses Eckoh's patented tokenisation technology to secure card payments being made through the organisation's contact centre facilities.

Eckoh said the contract would enable the client to comply more easily with the Payment Card Industry Data Security Standards and to help prevent fraud.

Chief executive Nik Philpot said: "The opportunity for Eckoh's patented secure payment products in the largest contact centre market in the world is substantial and today's $3.7 million contract is our largest ever.

"With a limited number of competitors and a product portfolio with a breadth and flexibility that they cannot match, we are convinced that Eckoh can become the natural choice for contact centre security.

"The strong progress we have made in the US this year is clear, both in terms of the value of the contracts and the quality of those future earnings, and underscores our ability to capture the scale of the opportunity and to deliver significant growth over the coming years."




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