Cadmus in Eftpos deal with India

Payment technology company Cadmus has struck a deal - awaiting final customer approval - worth up to $5 million to supply Eftpos terminals to petrol stations in India.

A heads of agreement has been reached with forecourt petrol pump company Postec Data Systems under which several thousand Cadmus units will be installed into petrol pumps for the first time.

Managing director Ian Bailey said Postec also had a presence in other countries.