Paypoint plc Paypoint Plc : Notice Of Quarter 1 Trading Statement
18 July 2017 - 6:17PM
UK Regulatory
TIDMPAY
18 July 2017
PayPoint plc
Notice of Quarter 1 Trading Statement
PayPoint plc advises that it will issue its trading statement for the
first quarter period ended 30 June 2017, on Wednesday 26 July 2017.
Enquiries:
RLM Finsbury: 020 7251 3801
Rollo Head
PayPoint plc: 01707 600300
Susan Court
ABOUT PAYPOINT
We operate market leading national networks across 40,400 convenience
stores in the UK and Romania so that our customers are always close to a
PayPoint store. At these locations, as well as at home or on the move,
people use us to better control their household finances, make
essential payments and use in-store services, like parcel drop and
collect.
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 recently launched PayPoint One platform offers EPoS, card payments
and PayPoint services, and is designed to help retailers run their whole
store from one device.
Coupled with our industry-technology solutions, we provide a first class
service to the customers of over 1,500 clients - utility companies,
retailers, transport firms, 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
MultiPay is our multichannel payment service, offering consumer service
providers a ready-made solution for their full range of payments via app,
web, phone, text and IVR, complementing our cash in store services.
Clients benefit from streamlining their consumer payment processing and
transaction routing in a seamlessly integrated and cost effective
solution. The services are available either as a full portfolio or by
the client's choice of preferred channels, including our app which has a
4 star rating on the Google Play and Apple App Stores. Clients can
choose to access our services as a full outsourced model or by linking
their own digital solutions to our MultiPay payment suite.
MultiPay is particularly targeted to serve the rollout of smart meters
within the energy market. For example, our service has helped Utilita to
become the fastest growing, challenger prepay energy supplier and we
have also signed several other energy companies, including SSE, our
first Big 6 energy client. Among other relevant sectors, MultiPay is
available to the local authority and social housing sectors through a
framework with Procurement for Housing.
Retail networks
In the UK, our network includes over 29,200 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 ticket payments, TV licence payments, cash withdrawals and
more.
Our Romanian network continues to grow profitably. We have more than
11,300 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 over 6,100 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 4,100 LINK branded ATMs, and 10,000 of
our terminals enable retailers to accept debit, credit and contactless
payments, including Apple Pay. We operate over 4,100 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
July 18, 2017 04:17 ET (08:17 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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