PAYPOINT: SERVING THE LEISURE AND FINANCIAL SECTORS
The ability to make small payments on a regular basis at convenient local shops has made PayPoint an ideal solution for debt recovery companies and magistrate’s courts seeking more efficient and cost-effective methods of collecting outstanding payments and fines by instalment.
PayPoint also offers the ideal solution for internet currency companies and prepaid debit card companies like 360 Money, IDT Finance and Ukash who need to offer their customers an alternative and convenient means of adding funds to their prepaid debit cards and internet accounts. Demonstrating the versatility of its payment service network, PayPoint’s client portfolio continues to extend into varied non-utility market sectors such as inclusive holidays, home contents insurance, debt recovery, fines collection prepaid debit cards and internet currency. Recognising that their customers were already likely to be using PayPoint outlets to pay other household bills, companies in these sectors are seeking to improve customer service and enhance the appeal of their products by offering PayPoint as a principal cash payment option. In the leisure sector, Pontin’s has launched a successful savings card scheme with PayPoint that helps customers spread the cost of their next holiday. Coach holiday operator Leger offers a similar scheme.
By contrast, PayPoint is also helping initiatives to make affordable home contents insurance available to householders and tenants in urban areas where cover is normally refused. Working with insurance specialist provider Aon, PayPoint provides convenient local weekly payment facilities for Aon policyholders.
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