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Tánaiste Opens Realex French Office

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DateThursday, May 26, 2011

Tánaiste Opens Realex French Office

Realex Continues Expansion with Move into French Marketplace and Deal with BNP Paribas



REALEX_Colm_Lyon_&_Eamon_Gilmore.pngThe Irish Payments processing company, Realex Payments, has marked its European expansion with the official opening of its French office today in Paris, and a deal with BNP Paribas.



Attended by thirty-five invited guests representing the financial and internet community, the Paris office was opened by Tánaiste and Minister for Foreign Affairs and Trade Mr. Eamon Gilmore T.D. Also attending the event was the Irish Ambassador to France, Mr. Paul Kavanagh and Mr. Frank Ryan, CEO of Enterprise Ireland, the Irish state body responsible for the development and growth of Irish enterprises in world markets.



Commenting on its French office, which was established in December 2010, Realex Payments founder and CEO Colm Lyon said: "This is a very exciting day for us and we are honoured to have the Tánaiste here to open our office. Our ambition for this French office is very real; we see the incredible opportunity that exists for online retailers, web developers and acquiring banks."


Lyon explained the company's arrival into the French marketplace represents a significant change for the French ecommerce industry; one which Realex Payments believes will accelerate online sales in the marketplace. "Our entrance into the French marketplace will facilitate and encourage cross border trade; giving our existing clients access to an increasing pan European network of financial institutions," he added.



Headquartered in Dublin, Ireland, Realex Payments has ambitious plans for expansion having experienced year on year growth since it was founded in 2000. the company employs 90 people across three offices, and processes €12billion per annum for 4500 merchants domestically and internationally, across a wide range of industries. Clients include Virgin Atlantic, Vodafone, The AA, AXA Insurance, and Aer Lingus.







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