PayPoint plc is a British business offering a system for paying bills in United Kingdom, Ireland and Romania. It is listed on the London Stock Exchange under the ticker PAY.
Founded in 1996, with the aim of enabling customers to load gas and electricity onto their pre-paid energy meters in cash at their local convenience store, PayPoint prepayment meters are intended to help customers to manage energy use, thereby helping the environment, and control their spending, thereby enabling to live within their limited means.
First tested in Northern Ireland, the system was expanded to London in 1997 and in 1998, British Gas prepayment meter customers were able to charge their Quantum smart cards at PayPoint retailers.
Paypoint share price launched at 191p in 2003.