Smartpay warns on Aussie taxi market, revenues recover from soft 1H 2015

Mon, 28 Nov 2016

By Edwin Mitson Nov. 28 (BusinessDesk) - Smartpay Holdings, the listed payment terminal supplier, has warned it is experiencing a decline in both existing and anticipated growth in the Australian taxi market due to the continual disruption of the industry. The company had supplied terminals to taxi drivers in Australia through Live Taxi Epay but ended this in December 2014 to try to target the market directly. This led to a profit collapse in its first half result of 2015, published this time last year. Today's first half numbers for...

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