InPayTech had to call ex-client to find out they’d been dumped

Pic: Justin Paget / DigitalVision via Getty Images
InPayTech confirmed on Tuesday afternoon it has lost WA Super as a client.
Stockhead revealed on Tuesday morning that WA Super had switched clearing houses.
Chairman Don Sharp said the company didn’t find out until they called the super fund on Tuesday.
WA Super updated its website with information saying it had changed clearinghouses on Monday.
WA Super has been contacted for comment.
InPayTech (ASX:IP1) said it earned $25,790 from WA Super in the half year to December 31, 2017.
Mr Sharp said they would “certainly not” be negotiating an arrangement where WA Super would pay it to access historical financial data, as they did with Xero.
InPayTech shares closed down 1.6 per cent to 6.2c on Tuesday.
- Bookmark this link for small cap breaking news
- Discuss small cap news in our Facebook group
- Follow us on Facebook or Twitter
- Subscribe to our daily newsletter
UNLOCK INSIGHTS
Discover the untold stories of emerging ASX stocks.
Daily news and expert analysis, it's free to subscribe.
By proceeding, you confirm you understand that we handle personal information in accordance with our Privacy Policy.