NetPay Solutions Group today celebrates its 5th anniversary. The Hampshire based business has experienced exponential growth across the UK and Ireland, since starting back in October 2012.
NetPay started back in October 2012 researching the technology behind its business, with its first customer going live in May 2013. Today, NetPay is responsible for boarding 150+ new businesses per day, which it expects to double in the near future, and their flagship technology platform Revolution continues to disrupt the payments market.
Every 150 businesses contribute a total of £1.425m per month of processed revenue to the UK economy across 40,000 transactions. Over the course of a year this creates upwards of £2.3bn of sales revenue across more than 63m transactions. 3 of 5 main acquiring banks in the UK are making use of NetPay technology in some aspect of their delivery.
NetPay, during these first five years has won several awards, Carl Churchill, Managing Director of NetPay said,
“We would like to thank everyone who has been part of our journey, as we look forward to many more years pushing boundaries and enabling innovation to flourish”.
NetPay commenced a globalisation project at the start of 2017 to extend its technology into other territories with Australia going live in June 2017.