Neratel clinches $10.6m card payment contract

To supply and deliver card payment terminals and software.

Nera Telecommunications revealed that it has bagged a card payment contract worth $10.6m from a South East Asian financial institution.

The contract involves the supply and delivery of card payment terminals and software.

Neratel said that the contract is not expected to have a significant impact on the performance of the Company and its subsidiaries for the current financial year ending 31 December 2015.  

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