PAYPOINT:COMPANY HISTORY 2008 2007 Customer satisfaction with PayPoint reaches an all time high of 98%, with 81% stating they were very satisifed with the PayPoint service. (ipsos MORI research 2007) PayPoint plc completes the acquisition of Pay Store SRL, a leading independent Romanian mobile pre-pay distribution company. PayPoint plc acquires a second internet payment service provider SECpay Limited. In recognition of the important place that local retailers have in their community, PayPoint launches a search for the UKs favourite corner shop with the Corner Shop of the Year Award.
2006 - PayPoint completes the acquisition of Metacharge Ltd, an independent internet payment service provider.
- PayPoint is awarded a six year contract by the BBC as sole provider for the collection of over-the-counter TV Licensing payments .
2005 - With the addition of Manchester System One Travel, Blackpool Coastlines and First York, PayPoint now has signed contracts with 8 major transport operators across the UK
- PayPoint wins prestigious New Company of the year Award in the PLC Awards
- Over 14,000 dedicated PayPoint terminal sites are now live, collecting payments on behalf of more than 500 clients
2004 - Following the purchase of 54.4% of PayPoint's shares by leading institutional investors, PayPoint debut on the London Stock Exchange at 192 pence per share
- Over 800 PayPoint ATMs installed in convenience retail and licensed trade outlets across the UK
- Over 11,000 outlets with dedicated PayPoint terminals live, processing on average 4 million customer transactions every week
- PayPoint is the only electronic payment network provider to achieve BS7799 Certification for information security management
2003 - Central London Congestion Charge launched with PayPoint awarded exclusive contract for retail cash payment solution
- PayPoint launches ATM product with competitive terms for PayPoint and other retailers
- PayPoint one of only 52 UK companies to win prestigious Queen’s Award for Enterprise in the ‘Innovation’ category
2002 - PayPoint enters European marketplace with Electricity Supply Board of Ireland (ESB) signing up with PayPoint
- Work begins to plan and roll out new network of agents in Republic of Ireland to collect ESB and other payments
- PayPoint mounts first TV advertising campaign on ITV, Channel 4, Channel 5 and GMTV in Scotland
- Working with Girobank, Streamline and Barclays, PayPoint launch new ‘all in one terminal’ deal with preferential rates for PayPoint agents wishing to process debit and credit card payments through their PayPoint terminals
2001 - Scottish Power, Manweb and Orange E Top-Ups join portfolio of over 100 clients
- 1000 additional PayPoint terminals installed bringing network count to 8400.
- T & S stores become first retailer to use PayPoint software to vend mobile phone E Top-Ups through their own EPOS till systems
- PayPoint named in Vision 100 index, alongside First Direct, cahoot, Egg and Direct Line in recognition of reputation as visionary organisation
2000 - Trouble-free start to the new millennium
- Vodafone first mobile phone network to launch E Top-Up service with PayPoint
- 1 million customers using PayPoint each week
- £1 billion worth of bill payments collected Jan – Dec 2000
1999 - Initial network roll-out completed with 7,400 PayPoint retailers live in the UK
- 98% of UK households now within 5 miles of a PayPoint outlet
1998 - British Gas pre-payment meter customers able to charge their Quantum smart cards at PayPoint
- 4000 PayPoint outlets now in operation
1997 - PayPoint launched to the media, consumer groups and utility industry regulators in September
- Within 8 weeks over 1000 terminals in operation in Northern Ireland, London and the NorthEast, serving over 1 million consumers
1996 - PayPoint brand created. First outlets in Northern Ireland begin accepting utility payments from November
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