Payzone profits up by 10% to €6.3m as company diversifies

Payment processing firm bought by AIB and FDC joint venture earlier this year for €100m

Payzone Ireland processes a variety of electronic transactions services, including mobile phone top-ups, debit/credit card transactions, M50 motorway toll payments and Leap travel cards

Payzone Ireland processes a variety of electronic transactions services, including mobile phone top-ups, debit/credit card transactions, M50 motorway toll payments and Leap travel cards

Pre-tax profits at consumer payments network Payzone last year increased by 10 per cent to €6.3 million.

This followed gross revenues increasing marginally at Payzone Ireland Ltd from €149.23 million to €150.49 million in the 12 months to the end of September last.

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