eCOMM Merchant Solutions scoops Irish Times Innovation Award
An innovation with the potential to change the lives of countless small merchants has won the Irish Times Innovation Award for IT & Fintech.
The announcement was made during an awards ceremony which was streamed live from Dublin.
The idea was the brainchild of husband-and-wife team Noel and Valerie Moran, who set up their FinTech company eCOMM Merchant Solutions in 2014 and which operates out of offices in Ireland, the UK and Lithuania.
“As entrepreneurs ourselves, we were keenly aware of the delays faced by smaller businesses in getting access to the funds they receive via cashless payments – as much as three days for many,” said Noel Moran.
“In a world that is becoming increasingly cashless, this can be a big source of stress – leaving some merchants without their working capital and so unable to trade.”
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Source: eCOMM Merchant Solutions scoops Irish Times Innovation Award