Complete release: PayPoint signs biggest-ever s...
PayPoint win contract with supermarket chain Somerfield
PayPoint, the UK's most recognised payment collection brand, has
signed its biggest ever contract with a supermarket chain. The three
year agreement with Somerfield will enable PayPoint to provide mobile
phone electronic top-ups through their till systems in the majority
of stores across the country from November 2006.
This will extend PayPoint's current relationship with Somerfield
which consists of providing full service PayPoint terminals in 297
stores across the UK, where customers can make bill payments, pay
their TV licences and top up their mobile phones, amongst other
services.
Dominic Taylor, PayPoint Chief Executive, commented:
"We are delighted to be extending our existing association with
Somerfield. It is another great win for PayPoint and we look forward
to more opportunities where we can work together."
- Ends -
Enquiries:
Finsbury 020 7251 3801
Rollo Head
Don Hunter
Notes to Editor:
PayPoint is a leading payment collection network of over 16,000
outlets used, primarily, for the cash payment of bills and services
and prepayments for mobile telephones and energy meters.
PayPoint began trading in 1996 and initially collected payments
through its network of retail agents for its founder client
investors, who included British Gas, BT, BBC TV Licensing, London
Electricity (now part of EDF Energy) and four water companies.
It now has more than 700 clients including many of the UK and
Ireland's major energy, cable, mobile and fixed line telephony
companies. Its blue chip client list also extends to numerous water
companies, local authorities and housing associations and a growing
transport and travel base.
PayPoint listed on the London Stock Exchange in September 2004.
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