Yalamanchili International and ANZ have signed a 5 year agreement for Yalamanchili to provide prepaid processing services to ANZ in the Asia Pacific region.
The first prepaid card program issued under this agreement is the ANZ Stadium Visa payWave card. The card will be the first reloadable, prepaid contactless card in Australia and will be launched at ANZ Stadium in Sydney for the Bledisloe Cup on 26 July, 2008.
The ANZ Stadium Visa payWave is just the first of many prepaid programs to be launched by ANZ on the Yalamanchili prepaid processing platform.
"Yalamanchili is very excited to be working closely with ANZ to help bring innovative solutions to the Asia Pacific Region" said Daryn Griggs, CEO of International Business for Yalamanchili International.