Former BNPP Exec to Head Payac’s Credit Union payments business.

Former BNPP Exec to Head Payac’s Credit Union payments business.


Payac, the Credit Union owned payments provider has announced the appointment of Kira Magennis as its new Head of Sepa Payments. Kira was most recently PM for Payac’s Sepapay programme and oversaw the bulk migration of a large number of Credit Unions EFT business to the Sepapay program, resulting in a 50% reduction in transaction costs. [...]

Former BNPP Exec to Head Payac’s Credit Union payments business.2020-10-06T12:07:08+00:00

Credit Unions to Offer Current Accounts


A major leap forward for Irish Credit Unions! Today (Thursday, 17th October) on International Credit Union Day, some of the largest Credit Unions in Ireland have come together under the brand, to roll-out a NEW full-service Current Account for Credit Union members. The new Current Account, fully approved by the Central Bank of Ireland, includes [...]

Credit Unions to Offer Current Accounts2019-10-17T10:48:14+00:00

Debit Card Statistics 2015-2017


The use of debit cards for Point of Sale (POS) transactions, including contactless payments, and for e-commerce has resulted in major increases in transaction volumes and values in recent years. Currently, there are approximately 4.2m active debit cards from a total of 4.9m cards issued. The average ATM withdrawal is relatively static at €122 and average [...]

Debit Card Statistics 2015-20172018-08-02T09:48:23+00:00

CEO Appointment


Payac is delighted to announce the appointment of Seamus Newcombe as CEO. Seamus joins Payac from Bank of Ireland where he held a regional management role as Head of Bank of Ireland for Leitrim and Roscommon. He started his career with Permanent TSB, and has also held leadership positions with IFG Group, Bailieborough CU and its [...]

CEO Appointment2018-08-02T09:03:17+00:00

MPCAS Project Underway


The MPCAS Project is funded and underway thanks to the vision and support of Credit Unions committed to implementing current account services for their members. In addition, four more Boards have made applications to the Central Bank to get approval to offer MPCAS as an additional service. [READ MORE]

MPCAS Project Underway2018-07-03T11:11:55+00:00
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