The analysis of the transactions processed across Realex Payments’ top 3 sectors has indicated a 54%, 74% and 95% rise in the number of transactions in 2013 from 2012, across the Retail, Insurance and Finance sectors respectively. Over 145 million transactions were processed and valued in excess of GBP20bn.
The company’s Retail growth has exceeded the industry standard, as represented by IMRG’s ‘E – Retail Index December’1 that reported 16% growth for the online retail market in 2013.
Andrew Yoakley, Head of Business Development commented “Over 2013 we have seen incredibly positive results, with both our value and volumes increasing significantly. The company now processes over £20 billion per annum for over 12,500 merchants and we forecast these growth rates to continue as we deliver on our expansion strategy.”
“As the British Retail Consortium and KPMG3 announce a 5.4% increase in retail sales for January 2014, Realex Payments are off to a phenomenal start, with January processing volumes 21% higher than 2013 in the Retail sector alone. As well as serving customers with secure and reliable payment processing, Realex Payments are passionate about giving back to the industry by reporting industry trends and sharing knowledge to help understand how we can all better serve our customers.” Mr Yoakley concluded.
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