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Eckoh targeting big slice of US market – CEO

Nik Philpot, chief executive of Eckoh PLC (LON:ECK), says the secure payment systems supplier has an excellent pipeline of deals in the US.

Philpot describes the market there as at an earlier stage where there’s very little competition.  “The US generally is playing catch up with Europe in terms of credit card security, but they are catching up and are looking to make big strides over the next couple of years, and we hope to take a very big slice of that market.”

The pipeline at home is described as “great,” with leads from the rest of the world being fulfilled from the UK.

Quick facts: Eckoh PLC

Price: 62.5 GBX

Market: AIM
Market Cap: £158.62 m

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