Myriad Payments, the Gibraltar-based provider of gateway services to EU online gaming companies, today announced that International Transaction Payment Solutions, the Dublin-based payment and consulting group, together with the Executive Management of Intelligent Payments its parent, have acquired a majority interest in the company from existing shareholder Newcote International.
Newcote is the founder shareholder of Myriad Payments and owner of Victor Chandler International. Joyce Newman, group CEO of Myriad Payments, said: “We are delighted to welcome the skills and experience of the ITPS team into Myriad.
"We are confident our customer base will benefit from this alliance, which combines the expertise of ITPS with the particular strengths required in the gaming community such as risk, fraud and KYC (know your customer) management, uncompromising security and the ability to operate the system in a bespoke manner at high velocity while maintaining the integrity of the transaction.”
Conor Quirke, founder director of ITPS, commented: “This is a great opportunity for ITPS and we are very happy to support the existing management of Intelligent Payments and Myriad in this acquisition. We very much look forward to building on the great work that has been done to date.”
