REPEAT: Smartpay turns to Australian taxi market for margin growth

Tue, 09 Sep 2014

(Fixes tense in first paragraph, adds share price in last graph) By Fiona Rotherham Sept. 9 (BusinessDesk) - Smartpay, the listed payments terminal supplier, said it will sell into the taxi market in Australia before the end of the year to counteract a forecast 8 percent revenue drop that will follow the loss of an Australian contract in December. The NZ-based company told shareholders at their annual meeting in Auckland that the current relationship with an Australian tax payments provider supplying Smartpay's terminals directly to ta...

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