Chris Pole and Mark Orton were appointed Joint Administrators of UPG Plc trading as Accept Cards and Secure Hosting – in Administration (the ‘Company’) on 27 February 2017.
The administration has come to an end. For further information, including the exit route from the administration, please refer to the final progress report.
The Company provides a platform for processing transactional payment data including online payments, telephone payments and the supply of point of sale terminals, predominantly to the retail sector in the UK and worldwide (the ‘UPG Gateway’ business). The Company also has a card payment brokering service generating commissions from referrals to major banks and acquirers (the ‘Accept Cards’ business).
The Administrators' concluded a sale of the Accept Cards business on 2 March 2017, as such, Accept Cards is continuing to trade and any queries should be directed to the business in the usual way on 0345 269 6650.
The Administrators' concluded a sale of the UPG Gateway business to Monek Limited on 7 March 2017, as such, UPG is continuing to trade and any queries should be directed to the business in the usual way on 0345 269 6645.