Who owns Planet Payments?

04/29/2020 Off By admin

Who owns Planet Payments?

Fintrax Group Holdings
Planet Payment was acquired by Fintrax Group Holdings for €219M on Oct 27, 2017 .

How does Planet Payment work?

PayrNet is linked to a processor, which verifies that you have enough money available on your Planet Prepaid Card. If approved, the money is paid to PayrNet from the Planet Prepaid Card for settlement to the merchant. If there is not enough money available on your Planet Prepaid Card the transaction will be declined.

Who owns Fintrax?

Founded in Galway by Gerry Barry in 1985, Fintrax was one of the world’s biggest players in processing tourist Vat refunds. It was acquired by Eurazeo in late 2015 with the investment company paying up to €585 million for the Irish firm.

Who is Planet Payment?

Planet Payment® is an international data and payment processor dedicated to enabling globally focused processors, acquiring banks and merchants to accept, process and reconcile credit card transactions in multiple currencies, since 1999.

Who owns Planet Galway?

French buyout giant Eurazeo has agreed a sale of Galway-based Planet, formerly Fintrax, in a deal that values the Irish financial technology (fintech) business at €1.8bn. As part of the transaction, Eurazeo will reinvest and co-control the company with Advent International.

How do I claim my planet tax free?

  1. Complete Tax Free form. Receive your Tax Free form from the shop assistant following your purchase.
  2. Complete Tax Free form. Receive your Tax Free form from the shop assistant following your purchase.
  3. Get Customs approval.
  4. Get Customs approval.
  5. Return Tax Free form to Planet.
  6. Return Tax Free form to Planet.

Is Premier Tax Free the same as Planet tax free?

In 2013, Premier Tax Free merged with Tax Free Worldwide. The joint entity provides services to over 150,000 merchants worldwide. In 2018, Fintrax Group brought its multiple businesses under one brand, Planet.

What is 3C portal?

Our payment portal, with 3C integration, provides businesses with the tools they need to take full control of their transactions via one central online system. Users can view real time transaction data, download reconciliation reports by revenue centre, manage payments and receipt printing and much more.

How much is the tax free in Dubai?

The UAE Federal Tax Authority introduced a VAT of 5% in January 2018, and launched a 100% digital Tax Free shopping service in Q4 2018.

Is Dubai really tax free?

Expats want to flock to Dubai. Apart from the high quality of life, the foremost reason for such enthusiasm for Dubai is the fact that Dubai is a tax-free nation. There is no income tax on income generated in Dubai. Also, there is no sales tax on the majority of goods and services.

Is Dubai Tax Free salary?

There is currently no personal income tax in the United Arab Emirates. As such, there are no individual tax registration or reporting obligations.