PayPoint

PayPoint is a leading specialist payments collection network used, primarily, for the cash payment of bills and services and prepayments

PayPoint is a leading specialist payments collection network used, primarily, for the cash payment of bills and services and prepayments for mobile telephones and energy meters. PayPoint commenced 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) and four water companies. Since then, PayPoint has successfully added to its founder Client base, grown its Retail Agency network, developed new services and now has many new Clients. It handles over £9.5 billion from over 550 million transactions annually for more than 6,000 clients and merchants.