Pushpay Holdings’ annualised monthly payment transaction volume now exceeds $500 million.

Pushpay increased annualised monthly payment transaction volume by 150 per cent from $200 million in March 2015 to over $500 million in the eight months to November 2015.

Pushpay expects annualised monthly payment transaction volume to continue to grow at a fast pace as it executes on its USA growth strategy. The company will update the market when significant milestones are met, excluding the month of December, which is a seasonal high period.

Pushpay CEO, Chris Heaslip, said, “We are delighted to see our annualised monthly payment transaction volume increase to over $500 million. This is an exciting milestone for the team at Pushpay and is a testament to our focused investment in people, product and processes. Pushpay will continue to invest in developing features that will increase merchant engagement and adoption with end-users, which will drive increased payment transaction volume.”