Splitit Payments Limited (ASX: SPT) announced that it had signed a partnership agreement with Worldline to deliver an integrated instalment payments solution and resell Splitit via its connection with dealers and marketplaces. The partnership will initially launch with the North American processing platform and explore further geographic expansion.
The partnership agreement will become effective from 20 December 2022 and remain effective for an initial term of 36 months. The contract will automatically be renewed indefinitely until any related parties give written notice of non-renewal. In order to discontinue the agreement, at least 90 days prior, notice should be provided to the end of the agreement unless it will be deemed as a breach of the agreement contract.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.