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Business & education services

Eckoh wins Cloud contract worth at least US$1.5mln with leading global food and drink company

The contract is the company's largest ever global Cloud secure payments win

Eckoh PLC (AIM:ECK, OTC:EKTPF) said it won a contract worth at least US$1.5mln (£1.1mln) with a leading global food and drink company to provide secure payments services from its Cloud platforms to the new client's global contact centre operations.

The contract comes with the expectation that its value will exceed US$1.5mln and that over time Eckoh has the opportunity to significantly upscale the value of the relationship, it said.

“This contract will help support the forecast growth in the next financial year and beyond,” added the AIM-traded company.

The three-year contract was won following a successful competitive tender process.

The solution will be first deployed in the US before being rolled out to as many as 28 further countries over the contract term.

"We're delighted to have been chosen to provide a critical security solution to such a well-known brand, securing our largest ever global Cloud Secure Payments win, said Nik Philpot, chief executive at Eckoh.

“We expect our ongoing investment in Cloud platforms, and continued innovation in our security offering, will maintain Eckoh's position as market leader in the fast-growing data and payments security market for the customer engagement industry."

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