Record number of Irish Businesses signing up to sell online

Realex Payments sees substantial rise in Irish companies trading online

Realex Payments announced today that the month of June has been a record month in terms of new business applications for online payment processing.  A total of 110 new businesses signed up with the company during the month of June, up 38% on previous months.

In the current climate it is very clear that the internet is a vital channel for Irish businesses that is continuing to grow in importance – month on month.

Realex Payments CEO, Colm Lyon said “recessions can often be the catalyst for entrepreneurs to start their own business. In many respects it’s the ideal time to start a business. What we have witnessed last month is really encouraging, 110 news businesses seized the opportunity and signed up with Realex Payments to start selling online.”

More and more consumers are bargain hunting online and as a direct result online retailing is the most popular choice for budding entrepreneurs. Realex Payments has witnessed a substantial increase in the number of e-retailers signing up to their service and of the 110 clients signed, 25% are e-retailers
operating in the online marketplace.”

The clients signed by the Company this month are selling various items online including jewellery, IT supplies, alarm systems, party supplies and so on. Nothing is too big or small to sell online!