Pushpay revenue climbs as US churches sign up for service

Wed, 08 Jul 2015

By Suze Metherell July 8 (BusinessDesk) - Pushpay Holdings, the mobile payments app developer, boosted revenue 39 percent in the first quarter as growth in its US faith-based merchants offset a decline in its SMS business. Total annualised committed monthly revenue was $12.8 million at June 30, up from $9.2 million three months earlier, the Redmond-based company said in a statement. Merchant ACMR, which tracks its clients who use the PushPay system to collect money, rose 69 percent to $9 million, while its Run the Red ACMR fell 2.4 perce...

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