Realex Payments Announce a Significant Pan-European Managed Gateway Agreement with Elavon

  Realex Payments Announce a Significant Pan-European Managed Gateway
  Agreement with Elavon

Realex Payments set to partner with Elavon, providing a fully branded gateway
 solution for online retailers across Europe, along with a suite of dedicated
                          support and sales services

Business Wire

LONDON -- September 4, 2013

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.

About Realex Payments

Realex Payments is a payments business, providing thousands of retailers
across a range of industries, with payment processing services. The company
processes in excess of £20Bn per annum on behalf of 12,500 retailers across
Europe. Headquartered in Dublin, the company has offices in London as well as
in Paris and employs 160 people. Realex Payments has been providing fully
managed gateway services to Global Payments (formerly HSBC Merchants Services)
since 2012 and recently Elavon, offering both partners a complete managed
online payments product and service for all their ecommerce clients.

Realex Fire is developed and operated by Realex Financial Services Limited -
regulated by the Central Bank of Ireland. The business is registered as a
limited company in Ireland and operated under the name of Carapay Limited from
2009 until July 2013, at which time the name was changed to Realex Financial
Services Limited. It is licenced, since 2010 as a “Payments Institution” under
the Payment Services Directive, a European wide programme to create a
harmonised legal framework for payment processing.

www.realexpayments.com
www.realexfire.com

About Elavon

Elavon is wholly owned by U.S. Bancorp (NYSE: USB) and provides end-to-end
payment processing solutions and services to more than one million merchants
in the United States, Europe, Canada, Mexico, Brazil and Puerto Rico. Elavon
markets solutions including credit and debit card processing, electronic gift
cards, dynamic currency conversion, multi-currency support, and cross-border
acquiring through multiple alliance channels including financial institutions,
trade associations, third party sales agents; as well through direct sales.
Elavon’s suite of solutions is tailored to meet the needs of merchants in
specialised markets such as retail, hospitality/T&E, health care, education
and the public sector.

www.elavon.com

Contact:

Realex Payments
Anna Benjamin, +44 (0)203 5867670
Head of UK Marketing
or
Tracy Glynn, +353 (0)1 7022 000
Head of Corporate Marketing
or
Luther Pendragon
Harry Chathli, Claire Norbury, +44 (0)207 618 9100
 
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