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Payza Names Industry Veteran Alastair Graham as CEO

New CEO to Enhance Payza’s Global Position and Product Offerings

Payza, one of the largest payment platforms for e-commerce, corporate disbursement and remittances, announced today that Alastair Graham is the company’s new Chief Executive Officer. Graham brings to Payza more than 20 years of experience providing companies with strategic direction. The CEO title is a new position for the company.

“Alastair has spent his career taking companies to their next level of growth, something that we look forward to through his leadership,” said Pontus Ljunggren, Communications Director of MHPillars, Payza’s parent company. “His experience in the payments industry will also enable Payza to extend its offerings through the 197 countries we serve today.”

Prior to joining Payza, Graham was founder and director of 5 Grams of Plastic, which provides strategic guidance to companies in the payments industry. In this position, Graham concentrated on growing multiple payments businesses, which represent a cross-section of the payments industry, including: issuers, processors, network organizations and service providers. Before leading 5 Grams of Plastic, Graham helped start up several companies and co-founded TransSend Payments Ltd., a financial services company that focused on the rapidly growing stored-value card market, that generated $100 million in card program volumes within two and a half years from startup.

“This company has seen phenomenal growth—more than 300 per cent in the last three years alone,” said Graham. “Payza is now in more countries than PayPal and deals in nearly as many local currencies. This represents an enormous opportunity for the expansion of our services within local geographies and I am looking forward to leading the company into its next phase of growth.”

Graham holds a degree in Medical Biochemistry from Birmingham (UK) University.

More Information: http://eon.businesswire.com/news/eon/20120726005536/en/Alastair-Graham/Payza/payments