02.02.10

The UK’s fastest growing payment service provider continues to see impressive growth figures

January 2010 has proven to be a record month for Realex Payments, with transaction values processed for our UK clients increasing by 112% to £300m, when compared to the previous January. When taking international business into account the overall transactions processed by the Company during the month of January were valued in excess of £700m.

January is traditionally a busy month for Realex Payments, due to the traditional online airline, holiday and general sales, insurance renewals and college fees, all of which peak at this time of year. Online charity donations were also much higher in January as a direct result of the earthquake in Haiti. In the weeks after the tragedy, Realex Payments witnessed an 1100% increase in volumes processed by the 125 charities it supports.

Commenting on the figures, Realex Payments CEO and founder Colm Lyon said “selling online is a very cost effective channel and it is crucial for both new and existing businesses. While we work with large corporate clients such as Virgin Atlantic, we also support thousands of small businesses – many of whom are selling online for the first time. We have a specific package to enable start up companies to seize the online opportunity, which costs just £19 per month”. Get online and sell online!

About Realex Payments:

Realex Payments is a leading European payment service provider. With offices in Hammersmith London, Paris France and Dublin Ireland, the company enjoys an exceptional track record of growth. Founded in 2000 by award winning entrepreneur Colm Lyon, the company provides a broad range of payment services to small and large businesses as well as financial institutions.

Realex Payments process billions per annum for merchants domestically and internationally, across a wide range of industries including airlines, mobile carriers, utilities, insurance companies and gaming companies. Clients include Virgin Atlantic, Vodafone, The AA, AXA Insurance, Aer Lingus and Cryptologic.

For more information, contact Tracy Glynn, Head of Corporate Marketing, Realex Payments. Tel: +44 (0) 20 3178 5370