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.

 

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