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Regulatory press release

Westpay: Additional order from Absa Bank in South Africa, value MSEK 4,7

Westpay
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Westpay AB, a leading fintech provider of transaction and payment solutions, has received a new order for extension of the right to use licenses from Absa Bank. This order is related to the ongoing delivery of card payment gateway functionality to the bank.

The order is received through Westpay’s local systems integrator, Bullion IT, in South Africa. It amounts to MSEK 4,7 and will be delivered throughout 2023.
 
Absa Bank is South Africa’s leading bank and uses a card payment solutions from Westpay in all their branch offices.


For additional information, please contact:

Sten Karlsson, CEO Westpay AB
Mobile: +46 70-555 6065
Email: sten.karlsson@westpay.se

Hans Edin, CCO Westpay AB
Mobile: +46 70-688 02 05
Email: hans.edin@westpay.se

Redeye AB is the company’s Certified Adviser.


This information is information that Westpay AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-12-12 14:20 CET.


About Westpay
Westpay is a full-service Fintech- and Payment Solution Provider that offers solutions that simplify payments and amplifies the overall customer experience. If you represent a restaurant, hotel, store, in-store, or e-commerce, and looking for a payment solution that adds value, we can help you all the way. The company is represented globally, headquartered in Stockholm, Sweden and is listed on Nasdaq First North Growth Market.

Learn more at: westpay.se

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Westpay: Additional order from Absa Bank in South Africa, value MSEK 4,7

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