Realex Payments, a leading payment gateway in Europe, has
announced today that it has been selected to partner and provide a managed
gateway solution and services for the new Elavon Payment Gateway,
increasing its presence in this space.
The deal involves
Realex Payments providing:
- A fully branded, localised, online, multi-channel payment gateway
for businesses across the UK and Europe - Dedicated
partner resources focused on driving the adoption of the solution across
Elavon’s markets - Outsourced
and localised support functions including resources and tools to support clients
and their technical teams
Providing managed
gateway solutions to processors and acquiring banks across Europe is a key
element of Realex Payments’ growth strategy. This deal is further evidence of
the company’s success in building strategic partnerships with the leading
players in the card processing industry, having signed a managed gateway
solution agreement with Global Payments (formerly HSBC Merchant Services) last
year.
Realex Payments
founder and CEO, Colm Lyon, said: “We are delighted to have been selected as
the managed gateway partner for Elavon. This is a major partnership for us; we
are strategically positioned to offer our partners a holistic and compelling
offering that truly enables them to grow their ecommerce business. We are extremely
excited about the future and working with Elavon to grow our relationship,
extend our reach and strengthen our strategic partnership. This announcement is
further reinforcement of our commitment to providing the best managed gateway
solution, not just a white label but a deep partnership that truly facilitates
growth.”
Guy Harris,
MD and EVP Europe at Elavon, said: “The combination of Elavon’s acquiring
experience, processing reach, and financial stability, with Realex Payments’
gateway expertise, fraud controls and connectivity results in a win-win for our
customers.”
A strategically led
business, it is currently experiencing a period of exponential growth. In the
last year revenue in the UK market grew by 95% and their client base doubled to
12,500. This growth was across all markets – direct corporate and business clients
as well as managed gateway solutions. The company also recently launched Realex
Fire, a new personal payment account enabling users to lodge and withdraw funds, create a circle
of people to pay, send and receive payments, operate multiple accounts and get
notifications on Facebook.
As an online
payment gateway, Realex Payments offers one of the most complete solutions available
on the European marketplace. Realex Payments also offers solutions for
small, medium and large corporate clients – including many household names such
as Virgin Atlantic, AA insurance, Aviva, Paddy Power and
notonthehighstreet.com.
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