Mi-Pay announced that it has agreed terms on a contract extension with its Client for an incremental two-year period. This amendment extends the contract term, which was previously due to expire on 30 June 2020, to 31 March 2022. All other material terms of the contract have remained the same. The Client represented approximately 31% of the Company's annual revenue in 2018 (approximately £1.0 million). This contract extension follows the successful integration with the Client's new infrastructure in August 2018, securing Mi-Pay as their core digital payment partner. The Board of Mi-Pay expects to deliver continued growth within this Client as its customers naturally migrate to digital payment channels.