Who We Are

Carapay Limited, trading as Carapay is regulated by the Central Bank of Ireland(C58301). We provide Carapay Accounts to consumers and businesses. Please note:

  • The service is currently operating in "Beta" i.e. not all the features you might expect from a payment account are available at this time;
  • You will need to be invited by an existing user to register to Carapay;
  • Only consumers living in the Republic of Ireland may open Carapay accounts at this time.

The business is registered as a Limited company in Ireland.

Colm Lyon CEO

The business was founded in 2009 by award winning payments entrepreneur Colm Lyon. Find out more about Colm Lyon using these links:

License and Regulation

Carapay was authorised in 2010 as a Payment Institution in accordance with Regulation 18 of the European Communities (Payment Services) Regulations 2009 to provide and execute payment services throughout the European Community. For further information on the Payment Services Directive, click here.

The register of approved Payment Institutions can be accessed here.

Our Board

Our Board consists of Colm Lyon (CEO), Tom Conlon (Chairman), Ken Slattery and Paul Davey, who bring decades of respected payment and banking experiences to the team. All current directors and key members of the management team have been approved by the Central Bank of Ireland (CBI). For more information on our directors, see here.

Carapay Limited has its registered office at The Observatory, 7-11 Sir John Rogerson's Quay, Dublin 2, Ireland, and its company number is 464819. Carapay is a subsidiary of Pay and Shop Limited, trading as Realex Payments which has its registered office at The Observatory, 7-11 Sir John Rogerson's Quay, Dublin 2, Ireland and is registered in Ireland, company number 324929.