FlexiRoam signs bank deal worth US$140,000 annually
- FlexiRoam has executed an agreement to provide global data roaming benefits across a major Australian bank's premium credit card portfolio.
- Following the announcement, FlexiRoam shares rose to $0.023 on the ASX.
- The partnership executes FlexiRoam's strategy of leveraging Mastercard card programmes to secure ongoing fee-based revenue per eligible card.
FlexiRoam (ASX:FRX) has partnered with a major Australian bank to offer complimentary global data roaming benefits across its premium rewards credit cards.
The agreement follows the introduction of lower interchange fee caps on Australian credit cards on Oct. 1, which created demand for cost-effective cardholder rewards.
Under management's planning case, the benefit is expected to generate approximately US$140,000 in fee revenue per year.
Cardholders receive a complimentary 3GB global data plan valid for 15 days in over 150 countries once per calendar year, along with a 20% discount on additional data plans.
Following the announcement, the FlexiRoam share price was up at $0.023.
The arrangement is delivered through FlexiRoam's partnership with Mastercard, which offered the benefit across 418 banks and 1,270 card programmes globally as of 30 June 2026.
Converting global distribution partnerships into active recurring revenue streams remains a stated priority for FlexiRoam's FY27 strategy.
