Some good news in a time of economic slowdown stories, following on from their announcement of a record month for new businesses signing up to use their service, Realex Payments have announced record-breaking value of monthly payments processed by their systems in January.

Realex have processed in excess of €781m worth of payments in January 2010. This represents a growth of 45% over the same period in 2009. January is always a strong month for Online Payments and this year in particular has been partly driven by an upsurge in charitable payments processed as a result of the Haitian Earthquake Disaster.

Realex have provided further details on these figures indicating that the payment values processed by Irish businesses grew by 19%, values processed by the UK market grew by 112% and international values 55%. At a time when so much media is focused on the gloom of economic slowdown it is a testament to the strength of ecommerce markets and their continuing importance to economies. Realex are setting a powerful example for Irish businesses by their continued success in other markets and increased profitability.

Dave

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Ebay announced successful end of year results. Revenue from their payments business which includes PayPal showed an increase of 28%. Chief executive John Donahoe said that he expects PayPal revenue to overtake eBay market place in the next few years.

In 2009 PayPal announced that they would be creating 150 new jobs at their European Centre of Excellence in Dublin. Earlier this week they announced that they will be creating a further 100 jobs in Dublin.

The Dublin Web Summit will take place in Trinity College on Thursday February 4th 2010. CraigsList founder, Craig Newmark and Wordpress founder Matt Mullenweg will be the keynote speakers at the event. Realex Payments founder Colm Lyon will be speaking on the panel at the event also.

Online gaming services provider Cryptologic and Realex Payments have announced a 3 year deal that will see Realex Payments provide payment processing for Cryptologic.

Dave

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Related Blog Posts:

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• Word on the Web - 03/11/2009