Proxama Continues European Growth with New Business Development Appointment

19th November 2015

London, 19 November 2015: Proxama PLC (AIM: PROX), the leading mobile proximity marketing experts and provider of end-to-end payment solutions for card issuers, today announced the expansion of their digital payments team with the appointment of Merton Smith as Vice President of Sales and Business Development.

Smith will focus on Proxama’s continued expansion of their digital payment offering into the UK and Europe. Targeted at card issuers and banks, the Digital Enablement Platform™ (DEP) is a set of compelling solutions to simplify and enable control of cloud-based mobile payments using Host Card Emulation (HCE) and Tokenisation technologies.

With over twenty years’ experience in international sales and operational management in the software/payments industry, Smith has sound experience within the evolving digital payments space. His career includes senior positions at HP/VeriFone, Visa International, ERGN Group and Innova Group. Prior to joining Proxama, Merton was Country Manager for the UK and Irish operations at Innova Group, with full sales, business development and operational management responsibilities.

Mike Woods, CEO Digital Payments at Proxama said: “Proxama has seen exponential growth recently within a number of key international contracts secured in regions including the UK, Mainland Europe, North America, Middle East and Sub-Saharan Africa. I am pleased to bring Merton on board to continue the momentum, develop new relationships and support financial institutions, from both an awareness and technology perspective as they embrace the digital payments movement.’