E-commerce payments business Payzone Ireland’s operating profits rose to €5.3m last year despite a drop-off in sales. Its operating profit, before exceptional items, surpassed the €3.2m figure the previous year.

Pre-tax profits at electronics payment business Payzone last year halved to €2.87m after the firm suffered a dip in revenues.

MOTORISTS have been warned to expect “teething” problems as drivers become used to the barrier-free system on the M50.