Realex Payments is a leading European payment service provider. With offices in Dublin, Ireland, and Hammersmith, London, the company has an exceptional track record especially in terms of expansion. Founded in 2000, by Colm Lyon, the company provides a broad range of payment services to small and large businesses as well as other financial institutions. The company processes transactions amounting to billions of Euros every year for a variety of merchants both domestically and internationally, servicing a wide range of industries including airlines, mobile carriers, utilities, insurance firms and gambling operations. The well known Irish software developer and provider for the gaming industry, Cryptologic, has signed a three year deal with Realex to supply processing services for Cryptologic's growing customer base. Realex Payments has an impressive list of clients including Virgin Atlantic, Vodafone and the online gaming firm Party Poker. It has undertaken to custom fit it’s services for Cryptologic to provide increased options and additional capacity across a variety of currencies, cards and regions. The head of Cryptologic's finance, Kieron Nolan, commented, “Although we had a very tight deadline and an extensive wish list of specific requirements, Realex implemented a solution quickly and efficiently, meeting our demands in the timeframe required. As well as providing an impressive cost-effective solution, Realex offered a high level of consultancy and support. We receive concise and easy-to-follow monthly reports and we always deal with a very professional, prompt and responsive dedicated account manager.” The CEO of Realex Payments, Colm Lyon, said, “We are delighted to announce this deal with Cryptologic. They are a dynamic, fast growing company, who like Realex Payments, focus on delivering innovation to their clients.” He added, “This move by Cryptologic paves the way for future expansion with added security and capacity ready to respond. Compared with other solutions on the market, the Realex technology and operational approach is far more advanced, modern and fitting to our needs." Posted on: January 30, 2010
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