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Sat 10 Oct 2009Realex Payments sees 6% rise in profit

IRISH ONLINE payments processing company Realex Payments generated a turnover of €6.47 million in the year ending April 2009, an increase of 12 per cent over 2008, reflecting the expansion of the online market despite weak consumer spending globally.

According to its financial statements, the Dublin-based firm posted a 6 per cent annual increase in pretax profits, reaching €721,000 and leaving Realex Payments with more than €2.5 million of accumulated profits.

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