01.02.2010

Value of monthly payments grew by 45% from €538m in January 2009 to €781m in January 2010

January 2010 has proven to be a new record month, with Realex Payments processing in excess of €781m worth of business for its online retailers. This is an increase of 45% on the figures for January 2009 when the Company processed €538m.

January is traditionally a busy a month for Realex Payments, with many airline sales, people planning holidays, paying annual bills such as insurance and motor tax and college applications. 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 have processed donations valued in excess of €5million.

Realex Payments provides online payment processing services to Irish and international clients. The values processed in January 2010 grew by 19% for Irish businesses – €438m up from €368m for the same month last year. Values processed for the UK market were up 112% and international values up 55%. This reflects Realex Payments internationalisation strategy as it expands its operations overseas.

Commenting on the figures, Realex Payments CEO and founder Colm Lyon said “these figures are very positive and they prove that the online channel remains a real growth opportunity for Irish businesses and also that Irish businesses such as Realex can participate in overseas online markets”.

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 of euro 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 more recently Cryptologic was added.

For more information, contact Tracy Glynn, Head of Corporate Marketing, Realex Payments. Tel: +353 1 2808559.