Mi-Pay Group plc announced that it has agreed a contract with a long-term existing client for an incremental 3 year period. This is expected to secure existing revenues and drive material growth in payment transaction value processed from the €25 million processed in 2016. During the life of the contract it is expected that per annum transaction value processed will increase to over €100 million. Mi-Pay will be working with the client over the next 12 months to secure the growth in transactions through the delivery of its fully outsourced, Omni-channel digital payment solution and assisting the client with its full infrastructure rebuild. Mi-Pay will be integrating and providing new services to the client's customers, improving the end user digital payment experience within a secure, risk free fully managed environment and ultimately aiming to migrate further consumers to its solution during 2018.