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|Hmm, we need another injection of good news.
Surely something must be happening in the US by now?|
|Ahh.. not an UK reg rns so did not turn up on my monitor:
Eckoh PLC Eckoh and K2C add Secure Payments over Live Chat
08 February 2017
8 February 2017
Eckoh and K2C add Secure Payments over Live Chat
Eckoh becomes the World's First Level 1 PCI DSS Service Provider to offer
Secure Payment Solutions across all Card-Not-Present Channels
Eckoh plc (AIM:ECK), the global provider of secure payment products and customer contact solutions, announces that it has added the capability to take a secure payment directly via live web chat ("Live Chat"). This new capability extends Eckoh's impressive payments portfolio and means that Eckoh is the world's first Payment Card Industry Data Security Standards ("PCI DSS") Level 1 service provider to be able to offer secure payment solutions across the full spectrum of phone, web, mobile app, SMS and now Live Chat.
This innovation follows on from Eckoh's acquisition of Klick2Contact EU Limited ("K2C") in July 2016. The successful integration of K2C's portfolio into Eckoh's solution suite now allows merchants to take secure payments across the full range of card-not-present channels.
Card-not-present fraud is the fastest growing form of credit card fraud globally. Data from Financial Fraud Action UK shows a 17% rise in 2015 to nearly GBP400m. The ability for online buyers to authorise secure payments via Live Chat is a substantial advancement on outdated and insecure practices such as taking payment via email, or in plain text via messaging apps, as well as being more convenient.
Live Chat is an increasingly popular channel of customer support as it allows consumers immediate access to information about products and services whilst they are browsing a website. The addition of secure payment functionality enhances the value of the channel substantially, as the consumer can now place an order within the chat session rather than having to be re-directed to another channel to complete their purchase. Together, Live Chat and the ability to take secure payments allows Eckoh's clients to enhance their customer engagement and security.
Explaining this new payment process, Graham Pollard, Managing Director, Klick2Contact, said:
"Live Chat is very popular with our clients and their customers, because it provides instant online assistance, and the ability to take a secure payment is a compelling enhancement of this channel. As with our other secure payment products, Eckoh and K2C have made this process completely seamless to the customer and their sensitive card data is never exposed to the chat agent or our client's IT environment, helping them to be compliant and reducing the risk of fraud."
Nik Philpot, Chief Executive Officer Eckoh plc, commented:
"By combining Eckoh's secure payment capability with K2C's Live Chat, Eckoh has created a new, flexible and scalable way to take secure, hassle-free, PCI compliant online payments. The solution has benefits for consumers and retailers alike and it will enhance our ability to cross-sell between the Eckoh and K2C customer bases. We are delighted to be able to launch this new joint initiative so soon after the K2C acquisition and to have extended our integrated portfolio of card-not-present secure payment solutions."
For more information, please contact:
Nik Philpot, Chief Executive Officer Tel: 01442 458 300
Graham Pollard, Managing Director K2C
Giles Sanderson, Stephanie Watson Tel: 020 7466 5000
N+1 Singer (Nomad & Joint Broker)
Shaun Dobson, Lauren Kettle Tel: 020 7496 3000
Berenberg (Joint Broker)
Ben Wright, Chris Bowman, Amritha Murali Tel: 020 3207 7800
About Eckoh plc
Eckoh is a global provider of secure payment products and customer contact solutions, supporting an international client base from its offices in the UK and US.
Our secure payments products, which include the patented CallGuard, can be hosted in the Cloud or deployed on the client's site and remove sensitive personal and payment data from contact centres and IT environments. The products offer merchants a simple and effective way to reduce the risk of fraud, secure sensitive data and become compliant with the Payment Card Industry Data Security Standards ("PCI DSS") and wider data security regulations. Eckoh has been a PCI DSS Level One accredited Service Provider since 2010, processing over $1bn in card payments annually.
Eckoh's customer contact solutions enable enquiries and transactions to be performed on whatever device the customer chooses, allowing organisations to increase efficiency, lower operational costs and provide a true Omni-channel experience. We also assist organisations in transforming the way that they engage with their customers by providing support and transition services as they implement our innovative customer contact solutions.
Our large portfolio of clients come from a broad range of vertical markets and includes government departments, telecoms providers, retailers, utility providers and financial services organisations. More information at www.eckoh.com.
About PCI DSS compliance
PCI DSS is the Payment Card Industry Data Security Standard and this is a worldwide standard that was set up to help businesses process card payments securely and reduce card fraud. The way it does this is through tight controls surrounding the storage, transmission and processing of cardholder data that businesses handle. PCI DSS is intended to protect sensitive cardholder data. For more information please see:
This information is provided by RNS
The company news service from the London Stock Exchange
(END) Dow Jones Newswires
February 08, 2017 02:00 ET (07:00 GMT)|
greg the grinch
|Where is this announcement?|
greg the grinch
|Today's announcement details the payment via live chat, A world 1st for Eckoh !|
|partnered with worldpay is also good news|
greg the grinch
|Where are the details?|
greg the grinch
|No one seems to excited today regarding the announcement about the ability to take payments via live chat, I suspect that this may prove to be a HUGE selling point over the months and years to come|
|Shaping up nicely. Not just secure payments.... call centre £ should keep growing.. plus voice payments for when Iot kicks in... etc
'sittin and waitin'
greg the grinch
25 January 2017
For immediate release 25 January 2017
("Eckoh" or the "Company")
Significant contract win with leading UK mobile operator
through Capita partnership
Eckoh (AIM: ECK), the global provider of secure payment products and customer contact solutions, announces that it has secured a significant new four-year contract with its UK channel partner, Capita Customer Management ("Capita"), to provide its advanced call management technology to a leading Mobile Virtual Network Operator ("MVNO").
Eckoh and Capita will collaborate to deliver EckohROUTE, which offers contact centres cloud-based call distribution and management, real-time dashboard reporting, self-service integration and the flexibility to integrate with other systems. Hosted on Eckoh's carrier-grade platform, the service will enable the client to manage call delivery and distribution, emergency prompts, emergency call delivery and opening times. Eckoh will initially develop a number of self-service applications for the MVNO that fully integrate with EckohROUTE. Eckoh's hosted platform will also allow the client to fulfil its longer term customer self-service functionality objectives.
Since the partnership was created in 2013, Eckoh has won three new contracts via Capita, worth a total of GBP15.0m in revenues to Eckoh over the life of those agreements, and this latest contract further builds on this figure and the Company's successful partnership. The service is planned to go live in the spring of 2017.
Nik Philpot, Chief Executive Officer at Eckoh, commented: "We are delighted to be working with Capita on this significant new customer contact solutions contract. With the deployment of our sophisticated and proven call management solution, the client will be able to offer an unparalleled, responsive customer self-service experience. Today's announcement reinforces our market-leading position in delivering call management infrastructure solutions as well as demonstrating the value of our strategic channel partner relationships."
- Ends -|
greg the grinch
|Significant contract announced this morning. Should attract attention in this direction.|
|Worldpay buyout at £1 would be nice.|
greg the grinch
|Can't criticise ECK's timing re the purchase of the US assets:
1) Bought when Sterling was high
2) Revenues when Sterling is low|
|I've taken a few off the back of the revenue growth although must admit earlier than I normally would as haven't completed normal research. I like recurring revenue models and they are clearly moving towards that.|
|Must be back above 50p in the short term IMO.|
|Wow, what a performance in the US and no mention of the falling pound and how that is boosting the US revenues from £31k to £4 million!
I should correct that as the figures are in sterling not dollars. Still, future revenue will be helped by the fall in Sterling, which would not have been factored in pre the Brexit vote and definitely do not seem to have been reflected in the share price over the past six months.|
hope these results and outlook give an idea about the high value|
I would imagine given the American growth prospects give a higher rating.
Also I am not entirely disputing your PE 64 but on iii it is shown as 45
and hargreves 45
I suppose that is based upon current share price..
Anyway Tuesday will bring good news and further upside in share price|
|Really rich - it might be a one-off but it puts the company on a PE of 64. Even with projected double digit growth that is a very high rating. I am trying to understand what it is specifically that makes this an attractive entry point. Perhaps if someone has calculated what they think next years earnings will be that will help me. Any comments on this specific point welcome thanks.|
|Hydrus did you read why? It was a one off!!
Apart from that this company has constant double digit growth each year. Cash flow positive, cash in the bank, and the expansion in America gaining traction all the time. Read all the previous RNS nothing but good news.
Anyway lets see what the 29th brings|
|Sorry to clarify the 0.61 EPS is last years performance|
|The latest trading statement said:' it is expected that the Company's pre-tax profits for the year to 31 March 2017 will be below market expectations and is expected to be in line with the performance last year'Does that mean 0.61 EPS expected also because if so I'm trying to understand why this is on such a high rating. Any thoughts on this appreciated.|
greg the grinch
|Surely this must be ripe for the picking!|