AIB has formed a joint venture with First Data to acquire Payzone, Ireland's largest consumer payments network.
Allied Irish Banks (AIB) is in exclusive talks to buy local payments outfit Payzone in a deal that could be worth EUR100 million, according to the Sunday Times.
Carlyle Cardinal Ireland (CCI), the Irish private equity fund founded by The Carlyle Group (NASDAQ: CG) and Cardinal Capital Group, today announced that it has agreed to acquire Payzone Ireland, the largest provider of multi-channel consumer payments across the country, from Duke Street.
American ATM operator Cardtronics has strengthened its position in the UK and entered the German market through the acquisition of Cardpoint for around £100 million in cash.
Payzone UK, a Leading consumer payments network, has appointed Gary Jennison as its new Managing Director.
UK national lottery operator Camelot has had an application to use its terminals for commercial services such as electronic fund transfer and e-bill payment turned down.
Ingenico (Euronext: FR0000125346 - ING), the leading worldwide provider of payment solutions, today announces that it has completed the acquisition of Payzone France from an investment company based in Luxemburg.
Payzone plc (the "Company"), together with its subsidiaries (the "Group"), announces today that agreement has been reached between Duke Street and the Group's banking syndicate (the "Syndicate") on the terms of a debt and share capital restructuring (the "Restructuring"), which will provide the business with a more appropriate long-term capital structure. The restructuring will involve the appointment of receivers to the Company and the disposal of the direct subsidiaries of the Company to a newly formed company.
Payzone announces the Company's interim results for the six months ended 31 March 2009.
VocaLink, the payment transaction specialist, has won a renewal contract with Payzone, one of the leading ATM operators in Europe, to provide ATM managed services until the end of 2012.
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