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Payment Outsourcing

Officials from K. Seeds Investments Pvt Ltd (at left) with officials from Commercial Credit and Finance PLC (at right)

Mar 14, 2013 (LBO) - Paycorp International, an Australia based firm will set up an outsourcing unit in Sri Lanka employing 100 persons, the state investment promotion agency said.
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Paycorp will invest 4.4 million US dollars in the project, the Board of Investment of Sri Lanka, which give tax breaks for foreign investments said.
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"Culturally and educationally Sri Lanka has always been suited for the delivery of global back office support services," John Caliguri, Chairman of Paycorp Payment Solutions was quoted as saying a statement.

"Paycorp International is also highly excited to establish high-in-demand payment processing and competency centers for larger global companies with Asian presence.

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Mazeen Farook, managing director of Paycorp International, said that Sri Lanka had graduate with technical capabilities to support the firm.


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