Emerchants Limited (ASX:EML) signed a definitive agreement to acquire assets of StoreFinancial Services LLC.

Store Financial Services, LLC provides electronic payment system processing services worldwide. It offers Restricted Authorization Network cards that allow users to restrict card funds to a select group of merchants; Open-Loop cards that build brand awareness; and Loyalty, Affinity, and Promo cards that reward loyalty and consumer behavior, incent new customers, and promote brands and products. The company also provides gift card processing and program management, client support, and card processing and gift card program management services. In addition, it offers multilingual customer, reporting data, account management, and regulatory and compliance management services.