Paypoint plc Paypoint Plc : Notice Of Results

 
TIDMPAY 
 
 
   4 October 2017 
 
   PayPoint plc 
 
   Notice of Results 
 
   PayPoint plc announces that it will release its half yearly financial 
report for the period ended 30 September 2017 on Thursday 30 November 
2017. 
 
   A presentation to analysts will take place at 11.45am on 30 November 
2017 at Canaccord Genuity, 88 Wood Street, London, EC2V 7QR. 
 
   Enquiries: 
 
   Finsbury-             020 7251 3801 
 
   Rollo Head 
 
   PayPoint-             01707 600300 
 
   Susan Court 
 
   ABOUT PAYPOINT 
 
   We operate market leading national networks across 40,000 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 
millions of 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 300 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. 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, a 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 28,500 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 11,500 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 6,500 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 4,000 LINK branded ATMs, and 10,000 of our 
terminals enable retailers to accept debit, credit and contactless 
payments, including Apple Pay. We operate 4,000 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

October 04, 2017 09:18 ET (13:18 GMT)

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