LML Payment Systems Inc. had announced the appointing of Craig Thomson as President of the company. Thomson will be responsible for corporation's business and operations in both Canada and the United States. Currently Thomson occupies the position of a president and chief executive officer of the corporation's subsidiary, Beanstream Internet Commerce Inc.

Moreover, the company announced the promotion of Chris Koide. He has been promoted to the position of executive vice-president of operations from his current position of chief operating officer of the corporation's Beanstream subsidiary. Now, Koide's responsibilities will include the operations and business development segments of the corporation's businesses in both Canada and the United States.