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13th October 2006

G2IS Payments Division Re-branded to PayChannel

G2IS announced today that it is launching a new brand for its bank card payment processing services division in the UK and Ireland. Beginning in October 2006 the companies PSP services will offered under the PayChannel brand.

The brand launch is part of a growth strategy for PayChannel designed to give the division a unique identity and placement to further develop the profile of the firm's PSP and ATM transaction services.

"G2IS and Girovend is a pre-eminent cashless payment systems brand," said Fred Tyler, Commercial Manager of PayChannel. "PayChannel's growing presence in the PSP sector will be enhanced by its new identity in the G2IS Group with this additional branding and marketing capacity."

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