New referral contract with Church Community Builder

New referral contract with Church Community Builder

3 July 2015

Pushpay Holdings Limited (NZSX:PAY) (‘Pushpay’ or ‘the Company’) is pleased to announce that it has entered into a new referral contract with Church Community Builder.

Church Community Builder is a leading web-based Church Management Software company that caters to churches across the USA. As stated in Pushpay’s Disclosure Document dated 14 August 2014, Pushpay already has a strategic channel partnership with Church Community Builder and is a preferred service provider for the giving component of Church Community Builder’s Church Management Software.

Following our announcement on 9 June 2015, Pushpay has entered into a new referral contract with Church Community Builder. The new contract involves Church Community Builder referring merchants to Pushpay, and Pushpay paying Church Community Builder a fee for the referral services. The value of this contract cannot yet be determined and will be dependent on the number of new merchants that Church Community Builder can refer to Pushpay. It is possible that the referral arrangement may result in an increase in the rate of customer acquisition in the USA.

Steve Caton of Church Community Builder said, “Church Community Builder is committed to helping churches be more operationally effective through software tools and services. Our partnership with Pushpay is an exciting step, providing the tools churches need to support and increase generosity. We are pleased to be working more closely with Pushpay and believe the relationship will benefit us and the thousands of churches we serve.”

Pushpay’s Chief Executive Officer, Chris Heaslip said, “Pushpay is pleased to announce a closer relationship with Church Community Builder. We look forward to Church Community Builder’s network of churches across the USA being introduced to the Pushpay payments solution, with features that offer simpler, faster and more intuitive ways to make secure payments.”

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