PayPoint is delighted to announce an exclusive partnership with Wallie-card, which supplies prepaid e-vouchers that can be used to purchase goods and services online.

The new scheme launched this week in an exclusive deal with PayPoint, one of the UK’s best known and most used payment networks. The service is already available in several countries worldwide but it’s the first time the Wallie-card has been introduced to the UK market.

PayPoint agents can earn 2% commission on every sale of the Wallie-card and on top of this, the best sales performances will be rewarded with cash and mobile handset prizes.

The launch is being supported by point of sale materials that retailers can use to their best advantage.

Mike Igoe, PayPoint’s Retail Director commented:

“The Wallie-card is an exciting new launch for the PayPoint network which offers agents a chance to extend their product range. Retailers should make the most of their point of sale materials and see if they can increase revenue in return.”

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Enquiries:
PayPoint Press Office 
Helen Crossley and Kate Simpson
020 7553 4111
helen.crossley@mischiefpr.com / kate.simpson@mischiefpr.com

Notes to Editor: 

PayPoint is the UK’s and Ireland’s leading cash and internet payments company, handling over £4 billion in over 360 million payments annually for over 5,000 clients and merchants. The company operates with several significant payment streams:

• The PayPoint branded retail network numbers over 17,500 terminals located in local shops (including Co-ops, Spar, Costcutter, NISA-Today’s, Londis and thousands of independents) in all parts of the UK and Ireland. Terminals handle cash bill payments, mobile phone top-ups, transport tickets, London Congestion Charges, BBC TV licences and a wide variety of other payment types for all of the leading utilities, telecoms suppliers and many consumer service companies. This network is used by consumers, free of charge, over 7 million times a week. The network has 97.3% population cover on a 1 mile urban or 5 miles rural measure;
• Additional multiple retailer connections into the electronic till systems (EPoS) of 3,000 outlets including BP, Somerfield and Superdrug for mobile top ups and selected payments from the PayPoint range;
• The PayPoint ATM network has 1850 ‘LINK’-branded machines across the UK, also typically in convenience stores. These machines levy a small convenience fee for each withdrawal; and
• PayPoint Internet Payment Services, trading as Metacharge and SECPay, provides secure credit and debit card payments for over 4,000 web merchants linking into all the major UK acquiring banks.

PayPoint floated on the London Stock Exchange in September 2004 and was the Financial Times ‘New Company of the Year’.  The company has a market capitalisation of c. £375 million. In year ended March 2006, revenue was £120 million with profit before tax of £20 million. PayPoint has been awarded the Queen’s Award for Enterprise and is widely recognised for its leadership in prepayment systems, smart technology and consumer service.