iSignthis banks new agreement

iSignthis is to offer card acquiring services to operators in Australia and New Zealand through an agreement with National Australia Bank (NAB).

NAB will act as the acquirer for transactions processed by iSignthis on behalf of its merchant customers, including businesses in the gaming, wagering, sports-betting, FX, securities and trading markets.

iSignthis will also benefit from NAB’s identity, payment processing and authentication solutions when the integration is completed, which is likely to be in December 2016.

The NAB agreement adds to iSignthis’ solution for merchant customers in Oceania, which includes payment gateway, card vaulting and settlement services.

John Karantzis, iSignthis managing director, said: “This agreement allows us to offer paydentity integrated with card acquiring/settlement services for our merchant customers in Australia and New Zealand. Specifically, our customers and prospective customers in FX, securities, wagering and gaming, will now have the option of a full service provider, from a single integration.

“This agreement complements the upcoming card acquiring and settlement services to be launched shortly by ISX Pay for the European Union SEPA zone.”