TIDMPCIP

RNS Number : 1270U

PCI-PAL PLC

21 November 2019

PCI-PAL PLC

("PCI Pal", "the Company" or "the Group")

AGM Statement

PCI-PAL PLC (AIM: PCIP), the customer engagement specialist that secures and protects payment card data for companies handling payments by phone, will make the following statement at its Annual General Meeting being held at 11.00 a.m. today.

"The Board is pleased with the Group's performance year to date and is confident in the prospects for the remainder of the year including making strong progress against its strategic objectives. Sales and marketing highlights include winning contracts with a FTSE 250 retailer and a Fortune 100 pharmaceutical firm through existing resellers Capita Pay 360 and Paymetric respectively; as well as being awarded "Partner of the Year EMEA" by Genesys AppFoundry."

"Additionally, the Group today announces that its new PCI Pal Digital product will be launched in January 2020. This will provide a web-based solution for partners and customers to take payments securely in any number of digital customer engagement scenarios, including webchat (including chatbots), social media, SMS, email, and WhatsApp. PCI Pal Digital will be incorporated into the existing true-cloud, globally available PCI Pal platform within Amazon Web Services ("AWS") fully integrated into our existing PCI Pal Agent Assist and PCI Pal IVR secure payment products. This development, created in-house, will provide a seamless omni-channel environment within which users can take payments from customers securely through any customer interaction."

For further information, please contact:

 
 PCI-PAL PLC                              Via Walbrook PR 
 James Barham - Chief Executive 
  Officer 
  William Good - Chief Financial 
  Officer 
 finnCap (Nominated Adviser and 
  Broker)                                 +44 (0) 20 7227 0500 
 Marc Milmo/Simon Hicks (Corporate 
  Finance) 
  Richard Chambers (Corporate Broking) 
 Walbrook PR                              +44 (0) 20 7933 8780 
 Tom Cooper/Paul Vann                     +44 (0) 797 122 1972 
                                          tom.cooper@walbrookpr.com

About PCI Pal:

PCI Pal is a specialist provider of secure payment solutions for contact centres and businesses taking Cardholder Not Present (CNP) payments. PCI Pal's globally accessible cloud platform empowers organisations to take payments securely without bringing their environments into scope of PCI DSS and other card payment data security rules and regulations.

With the entire product portfolio served from PCI Pal's cloud environment, integrations with existing telephony, payment, and desktop environments are light-touch, ensuring no degradation of service while achieving security and compliance.

PCI Pal has offices in London, Ipswich (UK) and Charlotte NC (USA). For more information visit www.pcipal.com or follow the team on Twitter: https://twitter.com/PCIPAL

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

AGMLLFITLDLIFIA

(END) Dow Jones Newswires

November 21, 2019 02:00 ET (07:00 GMT)

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