Eckoh wins payment contracts with three blue-chip clients

AIM-listed Eckoh has won three new "significant" contracts for its secure payment solutions with three unnamed blue-chip clients.The first contract, for three years, is with a FTSE 100 logistics and parcel delivery company which will deploy Eckoh's solutions across its network of 14 contact centres.The next, for five years, is with a FTSE 100 retail company to initially process around 500,000 card transactions a year.Meanwhile, the final three-year contract is with a FTSE 250 building industry supplier, which will allow it to extend the hours it takes payments to 24 hours a day.All three contracts will go live during the first half the new financial year."To be able to announce another three significant contract wins with such respected and large companies all within the space of two months, illustrates the acceleration in sales and the strong momentum in the payments sector that we have been signalling over the last 12 months," said Chief Executive Nik Philpot.He said that Eckoh's sales pipeline remains at an "excellent level" with an upturn in interest from overseas, particularly the US.The stock was nearly 6% higher at 37.75p in early trading.BC