---*Refer 'Smartpay Payments' *--- SmartPay Cadmus is an innovative merchant services company providing merchants with the opportunity to better market themselves, increase revenue or save costs. SmartPay Cadmus delivers a range of managed merchant services allowing merchants to deal with one organization but realize many benefits. The SmartPay Cadmus offer to merchants uses the latest technology to bring them a range of services that is unmatched by any other single company. We are committed to providing merchants the best in innovative new technologies and will be adding to our managed services packages as these come on stream. We can also license our technologies to third parties allowing not just local merchants to benefit from innovations we have made. We are market leaders in a number of areas and are listed on the New Zealand Stock exchange (NZX code : SPY).