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PayPoint Group

Since the flotation of the original UK retail network business in 2004, PayPoint has evolved into a specialist payments company. Our strategy has four key elements:

•Breadth of payments capability. The acceptance of a broad range of payments (cash, cards, e-money, etc.) through multiple channels (retail, internet and mobile phone)

•Strength in vertical markets. Targeting sectors with high volume, recurring consumer payments

•Value added content / services. Providing additional content or services to the payment channels and chosen vertical markets to create differentiation

•Geographic reach. Identifying regions with attractive payment dynamics to create value through exporting our know-how.

PayPoint has succeeded in delivering this broad payment hub capability to clients in a number of key vertical markets (energy/utilities, telecoms and media, financial, transport/parking, public sector/social housing, retail and gaming/leisure), with the ability to process payments across the consumer’s choice of payment and channel. The delivery of payments from consumers to our clients encompasses transaction authorisation, processing, clearing and settlement and interfacing to banks, card schemes/networks and other financial intermediaries. PayPoint also provides value added content and services within each channel, to differentiate the PayPoint proposition from those of its competitors.

In our retail channels, differentiation is achieved through providing retailers with a broad range of retail services, including ATMs, parcels, SIM cards and international money transfer through Western Union®. In the internet channel, differentiation to merchants is driven through a widening base of card scheme sponsors and payment types, together with the quality of our fraud screening and reporting.

Our mobile channel, delivered through PayByPhone, similarly drives differentiation through its ability to leverage our cash retail payment capability and internet payment services, combined with improving the consumer experience with appropriate smart phone applications.

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