PCI-PAL scores lucrative new contract with Canadian client

Customer engagement specialist PCI-PAL on Friday won a five-year, C$280,000 contract with a new Canadian client.

The contract with the major, unnamed consumer business is the first to be won through PCI’s relationship with a Canadian telecommunications giant.

James Barham, chief executive of PCI Pal, said: "It is very pleasing that we are starting to see the pipeline of North American opportunities secured through our channel partner relationships converting into contracts."

PCI supplies contact centre payment solutions, which allow organisations to take customer payments over the phone while reducing the threat of data loss or cybercrime, through operations in Europe and North America

"Before signing, the client and our partner required us to show that we could maintain data sovereignty within Canada. We were able to open a regional offering of our AWS platform within two weeks demonstrating the core flexibility of our offering. We look forward to working with this important partner in the future," said Barham.

Data sovereignty is the concept that dictates that information which has been converted and stored in binary digital form is subject to the laws of the country in which it is located, in this case Canada.

PCI-PAL’s shares were up 4.08% at 25.50p at 1033 BST.