ABOUT PAYPOINT

PayPoint is the leading cash and internet payments company in the UK with operations also in Ireland and Romania. We handle in excess of £7 billion in over 503 million transactions annually for more than 5,000 clients and merchants. The company operates several payment networks:

• The PayPoint branded retail network numbers over 19,800 terminals located in local shops (including Co-op, Spar, Costcutter, Sainsburys Local, One Stop, Londis and thousands of independents) in all parts of the UK and Ireland. Terminals handle gas and electricity meter prepayments, cash bill payments, mobile phone top-ups, transport tickets, London Congestion Charges, BBC TV licences and a wide variety of other payment types for most leading utilities, telecommunications suppliers and many consumer service companies. This network is used by consumers, free of charge, over 8 million times a week. The network has 99% population cover on a 1 mile urban or 5 miles rural measure;
• Multiple retailer connections into the electronic till systems of over 4,300 outlets in addition to the branded terminal outlets, including BP, Somerfield and Superdrug for mobile top-ups and selected payments from the PayPoint range;
• An ATM network which has 2,016 ‘LINK’ branded machines across the UK, also typically in convenience stores;
• PayPoint.net, an internet payment service provider, provides secure online credit and debit card payments for over 4,800 web merchants linking into all the major UK acquiring banks; and
• Pay Store, a Romanian mobile top-up operator with over 4,000 outlets equipped with electronic terminals and 2,000 other retail outlets. A bill payment service has been added to increase the breadth of PayPoint’s offering in Romania, in line with the UK branded retail network. PayPoint International also operates Irish bill payment and top-up services.

PayPoint floated on the London Stock Exchange in September 2004 and the company’s market capitalisation at 30 March 2008 was £380 million. PayPoint is widely recognised for its leadership in prepayment systems, smart technology and consumer service.

Click here to download the full Annual Report for the 53 Week Period Ended 30 March 2008.