15 July 2015
PayPoint plc
Notice of Interim Management Statement
PayPoint plc advises that it will issue its Interim Management Statement for the first quarter, period ended 30 June 2015, on Wednesday 22 July 2015.
Enquiries:
RLM Finsbury: 020 7251 3801
Charlotte Whitley
PayPoint plc: 01707 600300
Susan Court
ABOUT PAYPOINT
PayPoint is an international leader in payment technologies, its solutions transforming payments for everyone from consumer and financial services companies to retailers, utilities, media, e-commerce, gaming and government clients.
PayPoint delivers payments and services through its unique combination of local shops, mobile and online distribution channels, delivered both through its owned businesses and by integrating the best services from more specialised suppliers. It handles over £14 billion from over 812 million transactions annually for more than 5,500 clients and merchants.
With the backing of 24/7 operations centres with dual site processing, PayPoint is widely recognised for its leadership in payment systems, smart technology and service.
Retail networks
The PayPoint retail network across the UK numbers over 27,800 local shops, including Co-op, Spar, McColls, Costcutter, Sainsbury's Local, Tesco Express, One Stop, Asda, Londis and thousands of independents, where it processes energy meter pre-payments, bill payments, benefit payments, mobile phone top-ups, transport tickets, BBC TV licences, cash withdrawals and a range of other transactions. In Romania, the retail network numbers over 9,200 terminals in local shops, helping people to make cash bill payments, money transfers, road tax payments and mobile phone top-ups. In the Republic of Ireland, over 500 terminals in shops and credit unions process mobile top-ups and bill payments.
In the UK, Collect+, a joint venture with Yodel, provides a parcel drop-off and pick-up service at more than 5,800 PayPoint retailers. PayPoint's ATM network numbers more than 4,000 'LINK' branded machines across the UK, and 9,800 PayPoint terminals enable retailers to accept credit and debit cards.
Mobile and Online
PayPoint Mobile and Online handles over 145 million payments for parking, payments and consumer services. In the UK, Canada, USA, France, Switzerland and Australia, its parking solutions make it easy for people to pay for parking by mobile, increasingly through its own app. It also provides electronic parking permits, automatic number plate recognition systems for car parks and penalty charge notices.
PayPoint's online payments platform is linked to 16 acquiring banks in the UK, Europe and North America, delivering secure credit and debit card payments for over 4,600 online merchants, including MoonPig, WHSmith, London and Zurich Insurance, Moneysupermarket.com, Severn Trent and British Gas. Its suite of products ranges from a transaction gateway to a bureau service, in addition to value-added services such as FraudGuard, an advanced service that mitigates the risk of fraud in card not present transactions, Cardlock, an innovative solution for PCI compliance, PayCash through the PayPoint network and Cashier, one of the most advanced hosted digital payment solutions.