(MENAFN- ABN Newswire) http://www.abnnewswire.net/rss2/menafn/abn_menafn_en.asp

Emerchants Ltd (ASX:EML) (OTCMKTS:EMCHF) (emerchants) is pleased to announce it has signed a multi-year agreement with leading corporate bookmaker Sportsbet.com.au to provide their customers with personalised cards for immediate access to winnings. The program, which is set to launch in the second half of 2014, pending approval from emerchants' sponsoring Authorised Deposit-taking Institution, will enable users to move winnings from their wagering account to their card for use at ATMs and points of sale across Australia



In commenting on the agreement, Mr Tom Cregan, Managing Director of emerchants, said:



"We're excited to be working with Sportsbet.com.au and bringing our innovative payment solutions to their customers



In addition to being able to withdraw their winnings at ATMs across the country, customers will have the ability to push funds on the card back to their wagering account. The agreement will also involve integrating the emerchants prepaid platform into the Sportsbet.com.au website to provide a seamless experience for their customers.



To view the release, please visit

Http://media.abnnewswire.net/media/en/docs/77536-ASX-EML-682921.pd