SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): August 14, 2006
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FREESTAR TECHNOLOGY CORPORATION
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(Exact Name of Company as Specified in Its Charter)
Nevada 0-28749 88-0447457
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(State or Other Jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) Identification No.)
31 Mespil Road, Ballsbridge, Dublin 2 Ireland
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(Address of Principal Executive Offices)
Company's telephone number, including area code: 353 1 618 5060
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60 Lower Baggot Street, Dublin 2 Ireland
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the Company under any of the
following provisions (See General Instruction A.2 below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01 OTHER EVENTS
On August 14, 2006, Freestar's wholly-owned subsidiary Rahaxi Processing Oy
("Rahaxi") entered into an agreement to become a Third Party Services Provider
("TPSP") for China Unionpay Co., LTD., Shanghai, P.C. ("China Unionpay"). Rahaxi
has also entered into contractual arrangements with several major European
financial institutions to provide transaction processing services.
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FREESTAR TECHNOLOGY CORPORATION
Dated: August 18, 2006 By: /s/ Paul Egan
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Paul Egan, President