Thursday February 20, 2020

Alphyra in Europe card launch to boost funds

Payments firm Alphyra plans to launch a new disposable credit card across Europe, giving the firm an extra source of income ahead of a €700 million flotation or trade sale.

3rd September, 2005

The company, which is headed by John Nagle, last week launched a disposable credit voucher in Ireland, in conjunction with Permanent TSB. A spokesman for the bank said that more than 500 people registered for the cards in the first working day a rate of about one registration a minute.

The three partners in the venture are the bank, Alphyra and 3V Transaction Services, a company in which Alphyra is the major shareholder. It is understood...

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