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Eckoh continues to convert pipeline opportunities

"Whilst Cloud opportunities are still much smaller in size, we do expect this to change over time, and Eckoh is the only US provider who can deliver contact centre payment security through either an on-site deployment, a hosted managed service or in the Cloud," said Nik Philpot, the CEO of Eckoh

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Significant contracts have also been renewed including a three-year agreement for customer engagement with Vue Cinemas

Eckoh PLC (LON:ECK), the global provider of secure payment products and customer contact solutions, said it continues to bring in new contracts.

In a trading update, the company said it has secured more than £10mln in new contracts since the end of September – the halfway point of the company’s fiscal year.

The company said the UK has benefited particularly from its partnership channel, while the US business continues to further penetrate the healthcare insurance and retail sectors.

"After an extremely strong first half to the year, it has been very encouraging to see that momentum continue with multiple new contract wins, alongside key renewals, which underpin future market forecasts. These contract wins, with such well-known enterprises, reflects Eckoh's position as the preferred supplier for the largest companies,” said Nik Philpot, the chief executive officer of Eckoh.

“We have also made excellent progress with key strategic initiatives, such as establishing a market leading position in Cloud delivery for Secure Payments, the ongoing development of our Omnichannel solution and broadening our partner relationships to accelerate our penetration of our key markets," he added.

Quick facts: Eckoh PLC

Price: 64 GBX

Market: AIM
Market Cap: £162.43 m

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Eckoh PLC upbeat about its future and keen to build on progress in the US

Nik Philpot, chief executive of Eckoh PLC (LON:ECK), caught up with Proactive Investors to discuss the secure payments specialist's results for the year to the end of March 2018. US sales jumped by 32% in dollar terms in the year, though the recent recovery by the pound cut this growth to...

on 14/6/18

2 min read