Paypoint plc Paypoint Plc : Notice Of Quarter 1 Trading Statement

 
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.