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Payzone is an Irish consumer payment service provider company based in Dublin. The company processes electronic transactions, including debit and credit card transactions mobile phone top ups, M50 motorway toll payments, Leap travel cards, local property tax payments, pay-by-phone parking, pre-paid and bill pay utility and parcel collection services.
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Realex Payments was a European payment service provider with offices in Dublin and London. [1] The company provided a broad range of payment gateway services and processed transactions in excess of €35 billion [2] per annum on behalf of more than 14,000 clients including Virgin Atlantic, Vodafone Ireland, the AA, AXA Insurance, Paddy Power and Aer Lingus.
The attraction is Ireland's beneficial tax regime for contract manufacturing (previously developed for the pharmaceutical sector in Ireland) which makes Ireland a low / zero tax centre for handling payments. The closest trade body for the IFSC Payments sector is the Fintech Payments Association of Ireland (FPAI) (not exclusively IFSC focused).
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