Paymentology offers welcome relief to ex Wirecard employees

1 year ago

Leading Payments Processor, Paymentology has recruited a team of Wirecard employees offering some welcome relief to the industry following the collapse of Wirecard.

The ‘double digit’ number of hires are joining Paymentology with immediate effect and include seasoned card issuance experts and implementation specialists.

Paymentology CEO, Shane O’Hara commented:

“We were dismayed to see the demise of Wirecard. The ripples are being felt far and wide. It was good to be able to help out to ensure continued employment for a significant number of people in the industry. This helps them, their families and, clearly also benefits Paymentology as it grows. It also helps, in some small way, to restore market stability.”

Paymentology, together with other payments companies has been working to ensure that the industry is not overly damaged by the issues at Wirecard. Paymentology has recently taken the opportunity to strengthen its position in the Middle East, Singapore and The UK.

“The current hires,” adds Shane O’Hara, “will enable us to accelerate specific areas of our business development and implement client set ups promptly, which has become one of the key performance measures that Paymentology has become recognised for.”

Notes for Editors

Image of Shane O'Hara attached

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About Paymentology

Paymentology runs multiple issuer payment card processing platforms across the world, spanning Mastercard, Visa and UnionPay networks. We are recognised as the leading innovator in the sector. We specialise in: Replacing legacy Issuer card processing, Provision of cloud & data centre based processing, Direct transaction injection into bank GL, Delivery of rich card spend datasets to bank, Enablement of very latest cardholder spend controls, and Support of Debit, Credit and Pre-Paid card programmes.