Realex Payments announces 50 new jobs
Colm Lyon, CEO and founder of Realex Payments

Realex Payments announces 50 new jobs

21 Oct 2011

Payment service provider Realex Payments is seeking to fill 50 new vacancies urgently after winning a significant deal in the UK, the company announced today.

The company has not provided details of the deal, but said it involves providing an outsourced arrangement to a financial institution for its retailers’ online payment processing. The company said the deal will result in it doubling its client base from 5,000 to 10,000 retailers over the next 12 months.

Most of the new roles, which include customer service, product management and IT positions, will be based in the company’s Monkstown office.

“Over the last few years, we have invested heavily in expanding our operations throughout Europe – our UK business is now boarding almost 100 retailers a month, we opened in Paris earlier this year and are now live processing into local French banks,” said Colm Lyon, CEO and founder of Realex Payments. “In addition, we have established initial operations in Amsterdam and we are live with an Italian bank. Our overseas customers now account for over 50pc of our transaction volume.”

Realex Payments also announced its year-end results today. It said it achieved its ninth consecutive year of sustained revenue growth. Revenue increased 10pc, reaching €7.6m for the year ending 30 April 2010, while accumulated profits were up 14pc to nearly €3.5m. The company said it remained profitable while continuing to invest heavily in future growth, both inside and outside of Ireland.

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