Freshtel CEO Rhonda O'Donnell said the Tesco deal was similar to a large wholesale technology deal due to be announced in Australia "very, very shortly".
"We do see [Australian] retailers are starting to head down this path," she said. "They are already selling prepaid cards and we've wanted to talk to them in terms of doing what Tesco has done. I can assure you, you'll be hearing from us very soon."
FSG Price at posting:
10.6¢ Sentiment: Buy Disclosure: Held