15th Jan 2010 07:00
15 January 2010
DATACASH GROUP PLC: DATA / Index: AIM/ Sector: Support Services
DataCash Group Plc ('the Company')
Trading Update
The Board of DataCash Group plc is pleased to report its pre-close trading statement for the year ended 31st December 2009.
The Board is pleased to announce that the Group expects to report results in line with the Board's expectations.
After a quiet summer period, it is pleasing to report that volumes through many of our gaming merchants improved significantly towards year end, and, as expected, we saw increasing momentum in e-commerce in all market sectors.
Overall transaction growth continued to be very healthy, growing over 20 per cent. year-on-year.
Our net cash position was in excess of £18m as at 31 December 2009.
The Board continues to view the future with confidence.
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For further information please contact:
DataCash Group PLC
Ashley Head Tel:+ 44 (7887) 850069
Executive Chairman E-mail: ashley.head@datacash.com
Paul Burton Tel:+44 (0)20 7421 8453
Finance Director E-mail: [email protected]
Website: www.datacash.com
About DataCash
DataCash Group Plc (AIM: DATA), a market leading provider of payment processing solutions, provides merchants with a single interface that allows them to process secure payments, both on and offline, anywhere in the world.
DataCash also provides a range of value added services with its fraud and Risk
Management solutions supporting AVS/CV2, 3-D Secure (Verified by Visa and MasterCard Secure Code) together with traditional rules-based screening.
DataCash provides first-class service reliability at a fraction of the price of an in-house solution, servicing clients within the retail, travel, telecommunications and gaming sectors..
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