From inception, Paytek has been totally focused on building a strategic, quality support base for independent Payment Processing service providers.
Neil Richards
Carole Chocken
Managing Director

Paytek Administration Services Limited is a privately owned company incorporated in 2015 to provide administration processes exclusively for contracts related to the provision of Card and Payment Processing services to the SME sector.



























The Board of Paytek also includes Paul Oliver from Southbank Asset Finance, a funder of card payment processing contracts since 2010 and is further strengthened with the inclusion of Claire Ainsworth, James Cranmer and Michael Bayer, Partners at Triple Point LLP, an investment fund manager that has raised over £480m from private investors for a range of small business investments since 2004.


The breadth and depth of expertise behind Paytek is unrivalled and all are totally committed to bringing effective and efficient processes and finance to this sector. In turn, by working closely with the suppliers of systems in this sector, this commitment will ultimately deliver real value and economies to all the merchant businesses in the vitally important SME sector.

A qualified accountant with 25 years experience in the leasing and asset finance industry, Neil has been involved with the management of card services contracts since 2002.

An experienced asset finance professional, Carole brings over 20 years of experience managing portfolios on behalf of major financial instritutions and corporates.