Carapay Limited is a fully owned subsidiary of Pay and Shop Limited t/a Payment Realex (www.realexpayments.com). The company was founded by Colm Lyon, CEO of Realex Payments and leading payments entrepreneur. As a regulated business, Carapay has submitted its plans and programme of operations to the financial regulator, who has approved these. Carapay is one of the first businesses in Europe to be regulated under the payment services directive – new legislation that allows innovative businesses like Carapay to enter the payment processing world.
Carapay is based on the prinicipal: "We believe the future of money is regulated, electronic, mobile, social and (almost) free! We will make trust, safety and security an innate part of your payment account - giving control and access anytime, anywhere. We will create a better way for consumers and businesses to pay and be paid"
Further information is available on the Carapay website at www.carapay.com. To keep up to date with the latest Carapay developments, like Carapay on Faceook- www.facebook.com/carapay and follow on Twitter - www.twitter.com/carapay