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Pushpay annualised platform volume now exceeds $500m

Pushpay annualised platform volume now exceeds $500m

Auckland, New Zealand | Redmond, Washington, USA – 20 November 2015

Pushpay Holdings Limited (NZSX:PAY) (‘Pushpay’ or ‘the Company’) is pleased to announce that its Annualised Monthly Payment Transaction Volume now exceeds $500 million.

Pushpay increased Annualised Monthly Payment Transaction Volume by 150% from $200 million in March 2015 to over $500 million in the eight months to November 2015.

Pushpay expects Annualised Monthly Payment Transaction Volume to continue to grow at a fast pace as it executes on its USA growth strategy. The Company will update the market when significant milestones are met excluding the month of December which is a seasonal high period.

Pushpay Holdings Limited CEO, Chris Heaslip said, “We are delighted to see our Annualised Monthly Payment Transaction Volume increase to over $500 million. This is an exciting milestone for the team at Pushpay and is a testament to our focused investment in people, product and processes. Pushpay will continue to invest in developing features that will increase Merchant engagement and adoption with end-users which will drive increased payment transaction volume.”

ENDS

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