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25th July 2016
NetPay Solutions Group is shortlisted for the Technology Provider of the Year and Most Disruptive Payments Technology in the Payments Awards.
NetPay is a young business built on innovation, collaboration, dedication and enthusiasm it has grown quickly over the last three years. Revolution the businesses flagship technology is making in-roads in the payments market, revolutionising the industry and changing perceptions of the market and competitors. NetPay has proved that businesses want more from their card payment provider, 10,000 customers are testament to that.
Carl Churchill, Managing Director of NetPay said “We are extremely proud to have been selected as finalists in these two categories. We have been working hard to keep ahead of payment trends, developing new and innovative technology that delivers business efficiencies and provides vital business insight.”
“Our team continue to push the boundaries and provide solutions to businesses that have not been available in the market. This achievement is down to the dedication, determination and passion each and every member of the team has for our business and our customers.” Continued Churchill.
The Payments Awards recognise cards and payments excellence and innovation – and are organised by FStech and Retail Systems. Winning entries come from those companies, individuals and organisations who have launched and/or implemented the most outstanding payments solutions, initiatives and projects during the past year.
This year’s winners will be announced at the Payments Awards Gala Dinner & Ceremony on 20 October 2016 at the London Marriott Hotel Grosvenor Square. The event was attended by over four hundred guest in 2015 and this year is set to be bigger than ever.
About the Payments Awards:
Now in their 4th year, the Payments Awards recognise cards and payments excellence and innovation. Organised by FStech and Retail Systems, the Payments Awards are a Perspective Publishing Event
6th June 2016
NetPay Merchant Services Ireland has today announced their ambitious expansion plans with the announcement of its intention to recruit 20 further staff in 2016.
NetPay provides card payment services to over 1,000 businesses across the country and has experienced exponential growth over the last two years since the business was set up in March 2014.
Demand for card payment services in Ireland is growing. In fact, Ireland’s move from being a cheque and cash dependent economy to an electronic one has resulted in €1.8bn being added to the nation’s GDP in just the last four years.
NetPay are currently recruiting a team of Telemarketers as well as additional Sales Executives to provide support for businesses in all 26 counties and deal with the increased demand in payment services both face to face and online. The investment will also see a boost in the number of customer service and finance staff. As part of this expansion NetPay have also moved to a new home in Park West, to accommodate its growing team.
Eamon Rennie, Country Manager, NetPay Merchant Services Ireland says “NetPay is committed to helping Ireland increase the use of electronic payments. The growth in contactless and online payments over the past two years has been exceptional; eCommerce has grown by 17%, as Irish consumers spend €6.5bn online per year; this now accounts for 21% of spending on cards. We want to help every business get access to these payment services and, in turn, help them get access to more customers and improve their cashflow.
“The card payment industry in Ireland has traditionally been dominated by High Street banks and larger independent payment service providers. NetPay is now offering merchants a competitive alternative, with reporting and transaction analytics that can enable them to improve on their consumer experience, get better insight in to their business performance as well as reducing their costs,” continues Rennie.
18th September 2015
NetPay Solutions Group is celebrating after it was announced that its Managing Director Carl Churchill is a finalist for the Small Business Award in the Great British Entrepreneur Awards.
The Great British Entrepreneur Awards, taking place on 25th November at the Ballroom Southbank, Central London, are set to become the recognised standard of excellence amongst entrepreneurs. They mark a new era for entrepreneurship in the UK and this inaugural event is set to acknowledge and celebrate the contribution and inspiration provided by entrepreneurial businesses.
Carl Churchill, Managing Director of NetPay said "I am extremely proud to be a finalist in this award. It is great for the whole of our team to receive this recognition and is a vote of confidence in what NetPay is doing to help UK businesses and the economy."
Simon Burton, founder of the Great British Entrepreneur Awards, said: "The entries we have received for the Great British Entrepreneur Awards can only be described as awe inspiring. The quality has been outstanding. The judges have had the extremely difficult task of whittling the great and good of the entrepreneurial community down to the very best and we are delighted by the companies that have made the shortlist.
The Awards Ceremony itself in November will be a night to remember, with VIPs from the worlds of business and entrepreneurship gathering to celebrate entrepreneurial spirit in the UK."
9th September 2015
NetPay and NFRN Commercial has today formally announced their partnership and offer to all independent newsagents and convenience store owners. This hugely positive and promising partnership was announced at the NFRN's National Council during which NFRN Commercial and NetPay jointly presented the deal, which will inevitably benefit NFRN members.
The offer allows members to takes advantage of the recent, EU mandated charges to Visa Debit card charges.
The NFRN welcomed the ruling made by the European Court on the 11th September 2014, bringing the end to excessively high interchange fees for lower value transactions and have actively encouraged the development of a more competitive system. To reflect this change in the law NFRN Commercial was keen to broker a robust deal with a reputable merchant services supplier. NetPay is a leading payment service provider offering its customers online processing, payment terminal and merchant services. This makes them an ideal business partner as they offer a better service to independent and convenience store owners, hence meeting the criteria NFRN's Commercial team were looking for.
Carl Churchill Managing Director at NetPay said "We chose NFRN Commercial because of their commitment to getting get a better deal for independents; they work hard to help retailers develop their sales and profits to achieve their potential. NetPay too are committed to this, saving the average retail newsagent 59% on their merchant services rates. NetPay customers not only benefit from these great savings but also vital insight into their customers through our reporting and analytics tool Revolution."
"Many UK retailers, particularly those in the c-store sector are still not benefiting from the EU's changes to Visa Debit transactions charges, either because they are not aware of the changes or their incumbent provider has chosen not to pass the potential savings on to their customer." Said Carl
Carl continues "These changes are particularly beneficial to the c-store sector and NFRN members. With the charging moving from a pence per instance to a percentage, the times where card charges heavily erode your margin on low value transactions are a thing of the past. More cost effective transaction charges mean a bigger promotion of card use and a reduction in the charges and risk associated with banking cash. Many retailers forget that it costs their business money to bank cash and cheques the average costs for banking £100 in cash is 60p with the main high street banks."
Paul Baxter, CEO of the NFRN said "The relationship with NetPay gives retailers increased choice and access to the benefit of the recent changes to the Visa Debit interchange charges. This change is something the NFRN has supported and provided evidence on as part of the European's Unions review process into these costs and their impact on our members".
NetPays ethos is to help businesses reduce the costs of purchasing, whilst delivering unbeatable customer service. Customers of NetPay have the added benefit of access to the award winning Revolution platform providing merchants with transaction management information and consumer intelligence.
For more information about the partnership visit: www.netpay.co.uk/shoplink
1st September 2015
Eastleigh - Tuesday 1st September 2015; Hampshire Chamber of Commerce in partnership with NetPay Merchant Services has today announced the launch of Chamber Payment Solutions.
Chamber Payment Solutions offers Chamber members the opportunity to take card payments via terminals, online, mail order or telephone order using leading, award winning technology at competitive rates.
NetPay a leading payment service provider offers its customers online processing, payment terminal and merchant services and operates an open and honest approach to payment processing, delivering its merchants complete visibility and control.
Maureen Frost from the Hampshire Chamber of Commerce said "We are always looking for ways to help our members reduce the cost of doing business and providing greater benefits to our members, card payment solutions is one such product."
"In addition to the savings that can be made through us, we are launching Chamber Rewards, which will allow our members to save for marketing activities, membership and events with the chambers. Giving our members even more for simply doing business."
"We chose NetPay as our partner for merchant payment services because of their variety of payment options including; online and physical terminals to suit any business. NetPay's ethos is the same as our own; we both want to help businesses reduce the costs of purchasing, whilst delivering unbeatable customer service." continues Maureen.
Carl Churchill, Managing Director at NetPay said "Chamber Payment Solutions is not only offering Chamber members a competitive alternative to other payment providers but useful customer insight and reporting that you cannot get with any other provider."
For more information about the Chamber Payment Solutions visit: www.netpay.co.uk/bcc
21st July 2015
NetPay Merchant Services are pleased to announce that they now support Apple Pay, which was launched in the UK on Tuesday 14th July.
The launch of the iPhone® 6 and new Apple watch, Apple® has analysts predicting increased growth of mobile commerce and the digital wallet.
Carl Churchill, Managing Director of NetPay said "With the advancement of mobile commerce, we are excited to be able to offer our customers the ability to accept the Apple Pay Digital Wallet. Speed is of the essence to many consumers, therefore being able to tap and pay for goods and services will reduce queues and be more convenient for the consumer."
"Apple Pay can now be accepted across all of our terminal devices where contactless has been enabled, giving our merchants access to customers whose phones are permanently glued to their hands."
The introduction of Apple Pay to NetPay’s growing portfolio of services is keeping merchants at the forefront of technology innovation and a continued demonstration to NetPay’s commitment to supporting emerging technologies to open up more opportunities for our customers to get paid.
3rd February 2015
NetPay has today launched 2 new payment features into its Revolution Online and Mail Order Telephone Order (MOTO) portal.
LinkToPay and QR code features are now part of NetPay’s growing product portfolio, providing businesses with additional ways to be able to take payments from their customers.
LinkToPay allows businesses to send their customer a message either by email or by text with a link for them to pay securely via a web page by credit or debit card.
This feature is ideal for those businesses that do not currently have electronic billing systems as it allows them to send out their invoices complete with the facilities to be able to take payment ensuring quick and easy payment and improving cashflow.
The New QR code feature is a quick and easy way to take payments. Customers simply make a purchase by scanning a QR code on their mobile phone and they are automatically taken through to a payment page to complete their purchase.
Carl Churchill, Managing Director of NetPay said “The development of LinkToPay and our QR code payment options has been created based upon research with our merchants and resellers. Businesses want to give their customers multiple payment options as one size does not fit all and by adding these services to our portfolio we are doing just that.”
14th November 2014
Eastleigh – 14 November 2014 – NetPay Merchant Services was last night named BlackBerry Business Enabler of the Year at the 2014 National Business Awards gala dinner ceremony, held at the Grosvenor House Hotel on Park Lane. Celebrating organisations that help businesses to increase profitability by improving efficiency, developing talent and implementing innovation, this award recognises the impact of ‘enablers’ that offer value beyond support products and services.
NetPay Merchant Services provides card payment services that are more intelligent and effective for merchants through its Revolution platform. The business offers a range of online processing, payment terminal and merchant acquiring solutions, distributing its services through wholesale and strategic partners.
The National Business Awards judges said: “NetPay is a business providing genuinely game-changing insight in ‘real time’ to businesses of all sizes”, and added that the business is “led extremely capably with a tight focus on disrupting a space in dire need of an overhaul.”
Carl Churchill, Managing Director, NetPay Merchant Services Limited said “We are delighted and proud to win the BlackBerry Business Enabler Award at the National Business Awards. We are extremely proud of the solution and service that we have developed, providing customers with a real alternative to other payment providers.”
Nicole Jay, Director, NetPay Merchant Services Limited said “This award win recognises the dedication and achievements that every member of the NetPay team has made over the last 2 years. We have been working tirelessly to revolutionise payments and merchant services for our customers enabling them to understand what is happening in their business.”
Over 1200 business and thought leaders gathered at the Grosvenor House Hotel for the 13th annual National Business Awards, Hosted by Sky News’ Dermot Murnaghan. The Awards welcomed Olympic sailing champion Sir Ben Ainslie as keynote speaker, and featured an opening address from Prime Minister David Cameron as well as entertainment from impressionist Rory Bremner. The winners across all 17 categories included IKEA UK, which triumphed in the ICAEW Sustainable Business of the Year category, ITV, winner of the QBE FTSE 100 Business of the Year award, and Bulldog Skincare for Men, victor in the Santander Small to Medium-Sized Business of the Year category.
Moya Greene, CEO of Royal Mail, was named Ashridge Business School Leader of the Year. This prestigious accolade is judged in part by the public and in part by a peer ballot of 40 CEOs and thought leaders, and is designed to reward the business leader that has had the most transformational effect on the company they run. The National Business Awards’ Advisory Board honoured Justin King, former CEO of Sainsbury’s, with the Daily Telegraph Award for a Decade of Excellence in Business.
Alex Evans, Programme Director for the National Business Awards, said: “It’s always fascinating to see who will emerge victorious with such diverse and strong competition across all of our Award categories. Showing that any type and size of organisation can win a National Business Award, this year’s winners demonstrate the value of continually investing in people, innovation and customer service - also proving the business case for sustainability and corporate citizenship.” Dame Helen Alexander, Chair of Judges, said: “Chairing the National Business Awards’ judging panel has once again demonstrated that British businesses are continually evolving, innovating and improving across all industries. I congratulate all of the worthy winners, as well as our Future Champions and all finalists, for demonstrating the attributes necessary to grow their businesses and thus the UK economy.” For more information and to find out how to register your business for the 2015 National Business Awards, visit www.nationalbusinessawards.co.uk The National Business Awards supports the Prince’s Trust, a charity offering practical and financial support to young people who need it.
Wednesday 13th August 2014
Today, NetPay Merchant Services was named the winner of a Bronze Stevie® Award in the Company of the Year - Financial Services category in The 11th Annual International Business Awards today.
The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small - are eligible to submit nominations. The 2014 IBAs received entries from more than 60 nations and territories.
Nicknamed the Stevies for the Greek word for “crowned,” the awards will be presented to winners at a gala awards banquet at the Westin Paris – Vendôme Hotel in Paris, France on 10 October.
More than 3,500 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, including Company of the Year, Website of the Year, Best New Product or Service of the Year, Corporate Social Responsibility Program of the Year, and Executive of the Year, among others.
Carl Churchill, Managing Director, NetPay Merchant Services Limited said “We are over the moon to win a Bronze Stevie Award. We are extremely proud of the solution and service that we have developed, providing customers with a real alternative to other payment providers.”
Nicole Jay, Director, NetPay Merchant Services Limited said “Every member of the NetPay team has been working extremely hard to revolutionise payments and merchant services for our customers enabling them to understand what is happening in their business.”
Stevie Award winners were selected by more than 250 executives worldwide who participated in the judging process from May through early August.
“We congratulate all of the Stevie winners in this year’s IBAs,” said Michael Gallagher, president and founder of the Stevie Awards. “The quality of entries we receive improves every year. This year’s judges were rewarded with the opportunity to review more than 3,500 stories of business achievement and innovation from around the world. We look forward to celebrating the winners’ achievements in Paris on 10 October.”
Details about The International Business Awards and the lists of Stevie Award winners are available at www.StevieAwards.com/IBA
NetPay has today announced its Green Payments Programme as they invest in the Woodland Trust’s Woodland Carbon project.
This is part of NetPay’s Corporate Social Responsibility Policy and their ongoing commitment to excellence in all aspects of their business, including their dedication to continually improve and reduce the environmental impact of the services they provide.
NetPay’s key aim is to achieve ISO140001 standard in both our UK and Ireland offices during 2015. NetPay will also be the first payment processor in the UK and Ireland to offer ‘green payments’ and mitigate the carbon emissions of their payments network.
Carl Churchill, Managing Director of NetPay said "The Woodland Trust's Woodland Carbon project, offers a unique opportunity for us to invest in local carbon projects. NetPay are helping to create new spaces for wildlife and make the UK landscape more resilient to climate change impacts. We have worked with the Woodland Trust to create 1250m2 of new native woodland. In time this will absorb at least 50 tonnes of carbon dioxide, helping with our strategy to reduce our business carbon footprint"
The Woodland Carbon project was created to help companies reduce their carbon footprint by locking up carbon emissions through planting trees in the UK to help support our natural eco system, and establish new woodlands for generations of people to enjoy now and in the future.
Churchill continues "Our participation in the Woodland Trust’s Woodland Carbon Project is only a small part of our ongoing commitment to the environment and corporate social responsibility. We have put in place a variety of measures to ensure that our procurement and processes are environmentally sustainable and aim to be ISO14001 compliant by the end of 2015."
NetPay’s participation in the Woodland Carbon project means that NetPay’s merchants can meet their own Corporate Social Responsibility targets and ensure that they are procuring services from sustainable suppliers.
Wednesday 16th July 2014
Today, NetPay Merchant Services Limited has been shortlisted for the New Business of the Year and Blackberry Business Enabler of the Year for the 2014 National Business Awards. NetPay is a multi-channel, payment service provider offering a range of online processing, payment terminal and merchant services to businesses in the UK and Ireland.
Going up against Cappuccino Ads, Flubit.com, Food Innovation Solutions, Frog Bikes, GeoLytix, Medilink Consulting, The Collective, The House Crowd and THE PROTEIN WORKS™ in the New Business of the Year awards.
Emma Jones, CEO, Enterprise Nation, judge for the category said: "Growing ahead of forecast, NetPay has picked up some major brands as clients which demonstrates a need for its award-winning and innovative functionality. A committed team feels it’s just scratched the surface so expect to see more of this company that is on a clear trajectory."
NetPay will also be going up against Elix-IRR Partners LLP, Fluidata, GeoLytix, Inntel - Meetings and Travel Management, Outsourcery plc, Palletline PLC, Slingshot Sponsorship, University of the West of England, Bristol and Winmark Limited in the Blackberry Business Enabler of the Year awards.
Simon Feary, CEO, Chartered Quality Institute, judge for the category said: "NetPay has an innovative approach that challenges the current card payment paradigm. Niche, but addressing the needs of mainly small operators."
NetPay will compete for these prestigious awards, with the winners being revealed at the National Business Awards gala dinner held on 11 November at Park Lane’s Grosvenor House Hotel in London.
Carl Churchill, Managing Director NetPay Merchant Services Limited said "We are thrilled to be shortlisted for two National Business Awards. We are extremely proud of the solution and service that we have developed, providing customers with a real alternative to other payment providers"
Britain’s leading businesses, business leaders and social enterprises have today been revealed as finalists for the 2014 National Business Awards. The finalists announced today represent categories including the Smith & Williamson Entrepreneur of the Year, Santander Small to Medium Sized Business of the Year and the Inflexion International Growth Business of the Year. The Ashridge Business School Leader of the Year finalists and Decade of Excellence winner will be announced over the coming months, with the Duke of York New Entrepreneur of the Year finalists announced last month following a judging event in Liverpool.
This year’s shortlisted businesses cover activities as diverse as retail, technology, men’s grooming products, telecoms, construction, advertising, entertainment, and publishing. Of the businesses shortlisted, 24% turnover under £5m, 26% turnover between £5m and £25m, 15% over a billion and 10% not for profit organisations. The smallest business recognised has a turnover of just £23k with the largest reaching £20 billion. Finalists collectively employ over 850,000 people, the smallest has just one member of staff while the largest employs around 165,000 people globally.
Alex Evans, Programme Director of the National Business Awards said: "The diversity and quality of this year’s finalists have firmly established the National Business Awards as the talent scout for UK plc, with market leading household names recognised alongside the best emerging business brands. With a variety of industries represented, these recovery leading businesses have demonstrated the return on investment in people, innovation, customer service and leadership."
Finalists were chosen from the hundreds of businesses that entered or were nominated across 17 Award categories. They will now prepare for live presentations to expert juries who will decide the overall winners that will be revealed at the awards ceremony on 11 November.
Visit www.nationalbusinessawards.co.uk for a full list of all finalists and to attend the event.
The National Business Awards supports The Prince’s Trust, a charity that offers practical and financial support to young people who need it.
Wednesday 5th March 2014:
NetPay and NCVO have today announced their partnership offering voluntary organisations simple, secure, affordable, payment and donation processing.
In a changing economy the need to be able to capture payments and donations quickly and simply and providing a variety of opportunities to pay and donate is extremely important. Convenience is essential and with the advent of online payments the ability to pay and donate has reached a global audience, broadening reach and opportunity.
NetPay a leading payment service provider offers its customers online processing, payment terminal and merchant services. NetPay operates an open and honest approach to payment processing, delivering its merchants complete visibility and control.
Carl Churchill Managing Director at NetPay said "With £9.3bn donated to not-for-profits in 20121 it is imperative that these organisations have the means to collect and process payments across multiple fundraising activities. Online donations have increased by 88% in 20132; voluntary organisations that do not currently take payments online are missing out on a huge opportunity to increase the number and value of donations with the average card donation being £26.36 as opposed to £5.59 cash. We provide these organisations with the ability to transact online in a secure way at a cost that is not eating into the money they need to support their initiatives."
Churchill continues "A lot of charities within the UK have had raw deal when it comes to merchant services and often suffer higher rates. This situation has been morally broken and has meant that less money is actually going to the people who need it the most. NetPay has worked closely with the NCVO to ensure that their 10,000 member organisations are getting the best value for money, enabling them to focus on what they do best.
Richard Williams, Director of Enterprise & Development at NCVO says: "NCVO represents and supports charities and as part of our role we work with partners to ensure our members get access to services that deliver good value. NetPay’s ethos of helping organisations reduce the costs of purchasing and providing quality customer service matches the needs many of our members have."
NetPay’s award nominated online portal ‘Revolution’ provides all of the real-time transactional reporting that voluntary organisations need to see how well their campaigns, stores and donations are doing, enabling them to compare both online and offline transactions and putting them in firm control of their finances.
For more information about the partnership visit: www.netpay.co.uk/NCVO
Eastleigh, UK 13th February 2014:
NetPay Group is excited to announce that they have been shortlisted in the final three for the prestigious Merchant Payment EcoSystem (MPE) Data Information Award.
This award will go to a company who the judges feel have set-up or developed the best, most comprehensive or efficient information exchange systems with the issuing banks and cardholders.
NetPay’s ambition has been to change the way merchants are serviced by payment service providers, change their expectations, give them value over and above just the transaction itself, delivering a service that is distinguish by innovation and provides 'more for their money'.
As a relatively new entrant into the card payments industry NetPay has quickly established itself within the market place as the leading card payments provider who gives merchants complete visibility and control through its innovative Revolution platform providing merchants with extensive analytical transaction reporting.
Carl Churchill, Managing Director of NetPay said "We are delighted to be shortlisted for the MPE Data Information Award. We pride ourselves in developing solutions and services that deliver real differentiation and uniqueness in the market place."
Churchill continues "NetPay’s aim has always been to revolutionise the Card Payment industry. For too long the industry has focused on the benefits to the consumer and as such the needs of the merchant have often been over looked. The service we offer provides innovative functionality and visibility beyond simply offering the ability to process a card transaction."
The MPE awards take place on Wednesday 19th February at the Intercontinental Hotel, Berlin.
Monday 20th January 2014
NetPay and The UK Web Design Association (UKWDA) have today announced a partnership that will offer its 10,000 members the ability to resell NetPay’s online payment processing services allowing them to gain additional recurring revenue in addition to services they already provide their customers.
This partnership allows web and graphic design businesses to remain competitive within the market place, attract new opportunities and deliver a service that is compelling to new and existing customers whilst delivering revenue and profit growth for their business.
Martin O'Brien from the UKWDA said "This offer will allow our members the opportunity to extend the service they offer to their customers and provide them with a complete end to end solution, which is something we have not been able to offer before.""
Carl Churchill, Managing Director at NetPay said "There is an increased focus for web designers to find other ways of generating additional and more importantly recurring revenue. As revenue is often limited to the creation of the website and any updates that are needed along the way. NetPay and UKWDA are providing web designers with a new, recurring, lucrative revenue opportunity that provides differentiation but critically a more cost effective solution for their customers. This is a service their customers are already taking advantage of and integrating into the web sites they are building. This gives them the opportunity to now not only capture revenue from this service but deliver something more competitive than competitors in this space and give their customers one level of ownership."
Churchill continues "Internet shopping accounts for nearly 20% of all retail purchases in the UK and that figure is growing by in excess of 17% year on year. Whichever way you look at it and whichever statistics source you use – ecommerce purchases in the UK are growing exponentially."" NetPay are providing a unique opportunity to web designers to sell cost effective card processing solutions to their customers.
January 9th 2014
NetPay Group is excited to announce that they have been shortlisted for the prestigious FStech Most Disruptive Technology Award for its flagship Revolution platform.
This award will go to a company who the judges feel have come up with the most disruptive financial sector technology during the past 12 months, one that has the potential to disrupt the way the FS sector operates, displacing an earlier technology.
NetPay's ambition has been to change the way merchants are serviced by payment service providers, change their expectations, give them value over and above just the transaction itself, distinguish by innovation and provide 'more for their money'. NetPay provides complete visibility and control through its innovative Revolution platform that continues to be enhanced to provide more detailed analysis and features based on the feedback of partners and merchants. Revolution is empowering merchants enabling them to run their businesses more efficiently, make informed financial decisions and put them in control of managing their services.
Carl Churchill, Managing Director of NetPay said "We are delighted to be shortlisted for the FStech Most Disruptive Technology Award. We pride ourselves in developing solutions and services that deliver real differentiation and uniqueness in the market place."
Churchill continues "Before NetPay merchants received very limited information from their providers, in many cases nothing more than a statement once a month. We invested in developing a management and reporting platform that provides merchants with intelligent transaction information and intelligence giving business owners the metrics and statistics that allow them to respond to market changes and buying decisions quickly."
The FStech awards take place on Thursday 27th March at the Lancaster Hotel, London.
January 7th 2014
Eastleigh, UK –:NetPay Group has today highlighted its commitment to supporting a reboot of the Irish economy by providing businesses with competitive merchant payment services through its partner channel.
After months of preparation and investment NetPay Group has now broadened its reach into Ireland in a bid to help businesses increase their competitiveness and reduce their overhead costs, offering a convenient and cost effective way for their customers to pay.
In April 2013 the Irish Government introduced The National Payments Plan (NPP), a three year plan, targeting savings of up to €1 billion per annum to the economy by a doubling of electronic payments by 2015 through a significant shift away from cash and cheque payments.
Carl Churchill, Managing Director, NetPay Group said “NetPay are committed to helping Ireland achieve its NPP goal of doubling electronic payments by 2015, we are doing so by offering a competitive service through our partners in a market where merchants are commonly seriously overcharged by the incumbent providers.”
Retailers in Ireland are increasingly refusing to take credit or debit card payments under €10 due to the rising costs of card payment fees, however with NetPay, embracing initiatives such as “low value payments” isn’t an issue with NetPay providing discounts to merchants on card processing fees giving a substantial opportunity for businesses. NetPay supports the Irish Payment Services Organisation (IPSO’s)* recommendation for retailers to shop around to reduce the cost of accepting payments, ensuring that they are getting the best deal when it comes to card payment solutions.
“The card payment industry in Ireland has traditionally been dominated by High Street banks and larger independent payment service providers. NetPay is now offering merchants a competitive alternative, with reporting and transaction analytics that can enable them to improve on their consumer experience as well as reducing their costs.” – Continued Churchill.
In the coming months NetPay will be embarking on a partner recruitment, enablement and drive campaign to kick-start Irish merchant opportunities, giving them the variety and choice that will support them to grow their business and realise their financial strength.
For more information visit: www.netpay.ie