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SGE Sage Group Plc

1,197.50
9.00 (0.76%)
08 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sage Group Plc LSE:SGE London Ordinary Share GB00B8C3BL03 ORD 1 4/77P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  9.00 0.76% 1,197.50 1,198.00 1,199.00 1,205.00 1,190.50 1,191.00 1,677,464 16:35:10
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Prepackaged Software 2.18B 211M 0.2059 58.21 12.28B

MoneySwap And Sage Subsidiary To Tap Chinese Tourists

14/09/2015 1:01pm

Dow Jones News


Sage (LSE:SGE)
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From May 2019 to May 2024

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LONDON-- Payments services provider MoneySwap PLC (SWAP.LN) Monday said it has launched a partnership with software company Sage Group PLC's (SGE.LN) payments subsidiary to enable Chinese tourists to easily pay for things in the U.K. by card.

"Under the partnership, Sage Pay, in association with MoneySwap, enables Sage Pay's high street retailers and small and medium sized businesses to benefit from the Asian tourist market as they will be able to accept payments from Chinese visitors who want to pay with their existing UnionPay cards," MoneySwap said.

UnionPay is a Chinese bank card association, similar to Visa Inc. (V) in the West.

Shares at 1122 GMT, up 2.5%, at 1 pence valuing the company at GBP12.3 million ($19 million).

 

-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan

 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


(END) Dow Jones Newswires

September 14, 2015 07:46 ET (11:46 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.

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