There was an
interesting post recently from Colm Lyon at Realex Payments on the National
Payment Plan (http://www.realexpayments.ie/the-national-payments-plan-a-missed-opportunity).
I’d agree with
him on many points. The report is nearly two years in the making and
for me it really isn’t decisive or potent enough in its approach.
There are many
dynamic payment companies –of all sizes –operating nationally and
internationally that are based in Ireland. We have a vibrant,
innovative payments industry with great businesses led by great
people. This report doesn’t really reflect this!
This progressive
cohort of businesspeople would prefer to be out there developing viable
businesses rather than crafting such reports over a two-year
timeframe. Like me I’m sure they’ve seen a few National payment
plans in their time and are pretty pessimistic about what can be achieved via
this route. I suspect that if we looked back at previous payment
plans –and what was targeted –it might be a less than successful track
record.
Market change will come from dynamic people making
things happen –unfortunately they tend not to be the people who spend time
producing reports like this.
Not bad Dan
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