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Payzone wins M50 toll contract

Payzone has won the contract to provide BetEire Flow, the operator of the planned barrier-free tolling system on the M50, with on-line toll payment services for users of the motorway.

Payzone is the merged company formed by electronic payments firm Alphyra and British cash machine operator Cardpoint.

M50 users will be able to pay the toll charges at any of Payzone Ireland's network of 2,000 convenience stores, which already offer Payzone's mobile phone top-up and other services. Road users will also have the option of paying the M50 toll charge via the internet or by telephone.

The M50 motorway around Dublin carries over 100,000 vehicles a day. The National Roads Authority announced that barrier-free tolling will be introduced on the M50 in August, replacing the existing barrier toll system.