Planet (formerly known as Fintrax and Premier Tax Free),[1] is a financial services company, specialised in multicurrency payments, credit card processing, Hospitality and Retail Software and the management of VAT refunds (Tax-Free) for tourists.
[2] Between 1993 and 1999, the business expanded throughout Europe, launching in France and then opening operations in the United Kingdom, Italy, Switzerland, Spain, Austria, Belgium, the Netherlands, Germany and Poland.
In 2009, the company was presented with a Retail Systems Award for ‘Cards and Payments Solution of the Year’ following a project with British department store House of Fraser.
[4] In 2012, following further expansions into Uruguay, Greece and Argentina, previous owner and entrepreneur, Gerard Barry, sold Fintrax Group including Premier Tax Free to private equity firm Exponent for €170m.
[10] In 2017, Fintrax Group acquired Planet Payment, a leading provider of international and multi-currency processing services, for $250 million.