Payzone is claiming its past troubles are over after announcing ambitious growth plans to recruit 2,500 convenience retailers in 2010.

The electronic payments provider has diversified by offering Sim cards its first physical product and has grown its sales team to help sign up new customers. Richard Whalley has been named commercial director, with a new sales director set to join shortly.

MD Bill Thomson said Payzone, which delisted from AIM earlier this year, was more stable under new owner Duke Street Capital.