** Shares of EML Payments rise as much as 6.4% to A$0.750
** Payments firm finishes sale of its "unprofitable" Sentenial platform to GoCardless for 32.75 mln euros ($36.24 mln)
** EML, which acquired Sentenial in 2021 for 70 mln euros, says proceeds will be used to retire debt, strengthen balance sheet
** Co will receive earnout payment from GoCardless for the contracts signed by Sentenial between Feb. 1 and Oct. 2 this year
** Stock down 10.8% so far this year, as of last close
($1 = 0.9037 euros)
(Reporting by Sameer Manekar in Bengaluru)
((Sameer.Manekar@thomsonreuters.com; Twitter: ))
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