BARRON McCANN JOINS THE PAYMENTS COUNCIL
Membership will place Barron McCann at the forefront of forthcoming changes in the payments market
Leading payment systems, information security and IT services specialist Barron McCann has announced it has been accepted as a member of The Payments Council – the organization which sets strategy for all payments and payment processes in the UK. In becoming a member, Barron McCann will play a role in influencing the direction of the UK payments market, as well as becoming a key part of the UK payments policy-making process.
“Joining the Payments Council is a logical step for Barron McCann,” commented Payments Business Manager, John Doyle. “The payments marketplace is changing, as are the needs of banks and other payment institutions, who now want to be able to consider issues like outsourcing, mobile payments and a wider range of payment types.”
“Our aim is to be at the forefront of this change, while Barron McCann’s own advanced payments platform ‘PayGate’ is already firmly at the leading-edge of the new breed of payment solutions which are likely to be adopted over the coming years,” he added.
Paul Smee, Chief Executive of the Payments Council said, “The Payments Council is always delighted to welcome new members. Our diverse membership - which comprises an ever increasing and wide range of payment service providers, as well as independent directors - enables us to ensure that the payment system as a whole meets the needs of payment service providers, users and the wider economy.
“We look forward to working closely with our newest members as we continue to work through the National Payments Plan – our landmark publication which sets out our 10-year vision for UK payments, with the view to ensuring that payments are efficient, innovative and robust.”
About Barron McCann Technology
Barron McCann Technology has a 20-year track record in information security, IT services and secure payment systems. The company’s product and service offerings include X-Kryptor, a market-leading dynamic VPN product range offering Government-approved, high level security facilities; PayGate, a secure payment solution; Validate, a secure transaction validation system; e-Post, an electronic document exchange system and Secure Data Services – a portfolio of services providing a complete solution to the secure management and destruction of optical, magnetic and printed data up to and including HM Government ‘Top Secret’ (IL6) level.
Barron McCann Technology Ltd is based at Bemac House, Fifth Avenue, Letchworth, Herts, SG6 2HF. For further information, please visit www.bemac.com.
About The Payments Council
The Payments Council is the organisation that sets strategy for UK payments. It has been established to ensure that UK payment systems and services meet the need of users, payment service providers and the wider economy.
The Payments Council has three core objectives: to have a strategic vision for payments and lead the future development of co-operative payment services in the UK; to ensure payment systems are open, accountable and transparent; and to ensure the operational efficiency, effectiveness and integrity of payment services in the UK.
The Payments Council is based at Mercury House, Triton Court, 14 Finsbury Square, London, EC2A 1LQ. For further information, see www.paymentscouncil.org.uk
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