Payzone names Bill Thomson UK managing director

Source: Payzone

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.'

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