Trust Payments Ltd, the global unified payments group for global pay-in, pay-out and customer journey technologies has announced double digit growth in its 2019 statutory accounts.
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In 2019, the management team led by Daniel Holden, Chief Executive Officer and Jonathan O’Connor, Chief Commercial Officer, instigated a major turnaround programme for the group, creating a new cloud-based payments platform and expanding the product range into Point of Sale.
The newly formed group now delivers true omnichannel payment processing, combining the previously branded Secure Trading gateway service with an in-house pan-European acquiring institution branded acquiring.com, together with a US-based dedicated payment platform.
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Daniel Holden, CEO, commented: “We are delighted to announce such a strong and swift turnaround of these core assets in the payments market. While competition in the market is strong, we have created a unique suite of services, backed by a dedicated team to deliver huge revenue growth, solid profitability and a first-mover advantage in key verticals.
“The approach has been received very positively by merchants and partners and, despite the current turmoil with COVID-19, the business has continued to deliver north of 50% year-on-year growth.
“We invested very aggressively in our technology base, our onboarding product and automation. We also invested in our people, with 51 new hires joining the group in the first half of 2020 – showing our strength and credentials in attracting experienced talent.”
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