Paypoint plc Paypoint Plc : Notice Of Interim Management Statement
12 January 2017 - 9:26PM
UK Regulatory
TIDMPAY
12 January 2017
PayPoint plc
Notice of Interim Management Statement
PayPoint plc advises that it will issue its Interim Management Statement
for the third quarter, period ended 31 December 2016, on Thursday, 26
January 2017.
Enquiries:
RLM Finsbury: 020 7251 3801
Rollo Head
PayPoint plc: 01707 600300
Susan Court
ABOUT PAYPOINT
We support market leading national networks across 39,000 convenience
stores in the UK and Romania so that our customers are always close to a
PayPoint store. In thousands of locations, as well as at home or on the
move, people use us better to control their household finances,
essential payments and in-store services, like parcels. Our UK network
contains more branches than all banks, supermarkets and Post Offices
together, putting us at the heart of communities for over 10 million
regular weekly customers.
We have a proven track record of decades of tech-led innovation,
providing retailers with tools that attract customers into their shops.
Our industry-leading payments systems give first class service to the
customers of over 1,500 clients - utility companies, retailers,
transport firms and mobile phone providers, government and more.
We are on and offline; providing for payments by cash, card including
contactless; retail, phone and digital; at home, work and whilst out and
about from Land's End to the highlands and islands - helping to keep
modern life moving.
Multichannel payments
We offer clients streamlined consumer payment processing and transaction
routing in one, seamlessly integrated solution, through MultiPay. This
gives customers the flexibility to pay in the way that best suits them;
including mobile app, online, text, phone/IVR and cash in-store.
MultiPay is live with Utilita, a fast growing challenger energy
supplier. We have signed several other energy companies, a framework
agreement with Procurement for Housing and, significantly, Scottish and
Southern Energy, our first Big 6 energy client
Retail networks
In the UK, our network includes over 29,000 local shops including Co-op,
Spar, Sainsbury's Local, Tesco Express and thousands of independent
outlets. These outlets are quick and convenient places to make energy
meter prepayments, bill payments, benefit payments, mobile phone top-ups,
transport tickets, TV licences, cash withdrawals and more.
Our Romanian network continues to grow profitably. We have more than
10,200 local shops, helping people to make cash bill payments, money
transfers, road tax payments and mobile phone top-ups. Our clients
include all the major utilities and telcos and many other consumer
service companies.
In the UK, our Collect+ network offers parcel collection and return
services in nearly 6,000 convenient outlets. Customers use Collect+ for
their parcels from major retailers including Amazon, eBay, ASOS, New
Look, John Lewis, House of Fraser, M&S and Very. The Collect+ brand is
jointly owned with Yodel.
The UK network also includes over 4,200 LINK branded ATMs, and 10,000 of
our terminals enable retailers to accept debit, credit and contactless
payments, including Apple Pay.
We operate over 3,000 Western Union agencies in the UK and Romania for
international and domestic money transfers.
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: PayPoint plc via Globenewswire
http://www.paypoint.co.uk/default.htm
(END) Dow Jones Newswires
January 12, 2017 05:26 ET (10:26 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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