From the 1st April 2007, Severn Trent WaterCard customers will be making their payments exclusively at PayPoint outlets. PayPoint has secured a new 5-year contract with Severn Trent Water to handle all of its 5.4 million WaterCard payments made annually. Additionally, other types of water bill payments in cash will only be free of charge at PayPoint outlets from this date.
PayPoint agents in the Severn Trent area can expect to benefit from the additional footfall generated as this new contract begins. Severn Trent Water is the UK’s second largest water and sewerage company, serving a population of eight million.
Mark Astbury, PayPoint’s Sales and Marketing Director commented:
“PayPoint’s new partnership with Severn Trent Water is great news for retailers in its catchment area as it should result in increased in-store sales and footfall. As well as this, eight million customers can pay their water bills without being charged.
He continued: “PayPoint’s role is to provide convenience for the consumer and generate revenue for the retailer and this new partnership is beneficial for all concerned.”
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Enquiries:
PayPoint Press Office
Kate Simpson/ Helen Crossley
020 7553 4111
kate.simpson@mischiefpr.com
Notes to Editors:
PayPoint is a leading branded payment collection network used, primarily, for the cash payment of bills and services and prepayments for mobile telephones and energy meters. There are over 16,000 retail outlets using PayPoint’s payment terminals.
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.
Clients include many of the UK and Ireland’s major energy, cable, mobile and fixed line telephony companies. PayPoint’s blue chip client list also extends to all of the main water companies, many local authorities and housing associations, and a growing transport and travel base.
PayPoint listed on the London Stock Exchange in September 2004.
