Appointment of UK Managing Director
March 09 2009 - 5:27AM
UK Regulatory
TIDMPAYZ
RNS Number : 5291O
Payzone plc
09 March 2009
Bill Thomson Appointed Managing Director of Payzone UK
Bill Thomson today joins Payzone as UK Managing Director. Bill has spent 12
years in the payments industry and his appointment brings significant expertise
and leadership to Payzone, the leading European consumer payments and cash
distribution network. He joins from Barclaycard Business, where he was Managing
Director.
Mr Thomson, who qualified as a chartered accountant in 1988, has spent the last
eight years of his career at Barclaycard Business, the B2B arm of Barclaycard.
Mr Thomson was a member of the executive committee for five years and Managing
Director from 2006. During this time he managed growth of the UK's second
largest acquirer and Europe's largest Visa commercial card issuer. As Managing
Director he was responsible for overseeing the development of the division's
contactless technology and international expansion strategy.
Mr Thomson has extensive card payment experience across all channels and all
sizes of retailer. In 1997 he helped found NetBanx, a ground breaking payment
card processing solution, which supported the development of e-commerce and
on-line retail. Later, in 2001, he was recruited to Barclaycard to develop
ePDQ, a secure on-line card payments system.
Commenting on his appointment Mike Maloney, CEO of Payzone plc said: "We are
delighted that Bill has joined Payzone. I am confident that his leadership and
industry experience will prove extremely valuable to Payzone as we seek to
further develop and enhance the UK business."
Commenting on his move to Payzone, Bill said: "This is an exciting time to be
joining Payzone. The UK business has a wide customer base and has established a
brand presence at Point of Sale which is trusted by its partners, retailers and
customers alike. Whilst we face a difficult economic environment, Payzone is
well placed to develop its proposition, consolidating its market position and
strengthening the Payzone brand."
Enquires:
+--------------------------------------+--------------------------------------+
| Payzone UK | 01606 338 360 |
+--------------------------------------+--------------------------------------+
| Bill Thomson, Managing Director | |
+--------------------------------------+--------------------------------------+
| Powerscourt | 0207 250 1446 |
+--------------------------------------+--------------------------------------+
| Paul Durman | |
| Keith Brookbank | |
+--------------------------------------+--------------------------------------+
Notes to Editor:
Payzone is one of the leading consumer payments and cash distribution networks
in Europe. Listed on the AIM market of London Stock Exchange and headquartered
in Dublin, it has operations in 18 countries across Europe, processing over 644
million transactions per year on behalf of its clients. These transactions are
handled electronically through the Payzone network of over 191,000 points of
service (terminals, vending units and EPOS tills). Payzone also operates
approximately 6,000 ATM cash dispensers in the UK and Germany.
The Company offers a wide range of services including pre-paid mobile phone
top-ups, energy pre-payments, bill payments, pre-paid Visa vouchers, local and
housing authority payments, pre-paid Visa and MasterCard payment cards, payment
vouchers for on-line shopping, gift card and loyalty programmes, transport
ticketing, lottery games, parking and electronic road tolling, debit and credit
card acceptance, contactless payment solutions and world-wide money transfer
services.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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