PayPoint expands partnership with Yodel and Vinted
November 21 2023 - 2:00AM
PayPoint expands partnership with Yodel and Vinted
PayPoint Plc
21 November 2023
PayPoint expands partnership with Yodel
and Vinted
PayPoint Plc is pleased to announce that it is expanding its
partnership with Yodel and Vinted across its Collect+ network, the
leading Out of Home parcel pick up, drop off and send service in
the UK.
The multi-year agreement will see significant transaction growth
processed through the recently launched Collect+ Store to Store
service, leveraging the superior in-store consumer experience
delivered via PayPoint’s retailer partners in over 10,000 locations
across the UK and building on the strong growth delivered in the
Collect+ business over the past two years. The growth in Vinted
follows a dramatic rise in popularity of selling and sourcing
pre-loved fashion, with consumers making more sustainable choices
and demanding more convenient and greener delivery services.
Nick Wiles, CEO of PayPoint, said:
“We are delighted that Collect+ will be playing a key role in
this expanded partnership with Yodel and Vinted. As consumer
channel shift continues to move towards Out of Home and greener
delivery choices, our fantastic retailer partners will now have an
even greater opportunity to serve the needs of their customers in
communities across the UK through our leading OOH network.”
“We remain fully committed to investing further in the in-store
consumer experience, through technology and operational support for
our retailer partners, as well as continuing to grow our Collect+
network to service the strong growth in this area.”
PayPoint is looking forward to updating the market further on
progress across the Group at its interim results for FY24 which
will be released on 23 November 2023.
Enquiries |
|
|
|
PayPoint
plc |
FGS Global |
Nick Wiles, Chief
Executive (Mobile: 07442 968960)
|
Rollo Head |
Rob Harding,
Chief Financial Officer (Mobile: 07525 707970) |
James Thompson |
|
(Telephone: 0207 251 3801) |
|
(Email: PayPoint-LON@fgsglobal.com) |
ABOUT PAYPOINT GROUP
For tens of thousands of businesses and millions of consumers,
we deliver innovative technology and services that make life a
little easier.
The PayPoint Group serves a diverse range of organisations, from
SME and convenience retailer partners, to local authorities,
government, multinational service providers and e-commerce brands.
Our products are split across four core business divisions:
- In Shopping, we enhance retailer propositions and customer
experiences through EPoS services via PayPoint One, card payment
technology, Counter Cash, ATMs and home delivery technology
partnerships in over 60,000 SME and retailer partner locations
across multiple sectors. Our retail network of over 28,000
convenience stores is larger than all the banks, supermarkets and
Post Offices put together
- In E-commerce, we deliver best-in-class customer journeys
through Collect+, a tech-based delivery solution that allows
parcels to be picked up, dropped off and sent at thousands of local
stores
- In Payments and Banking, we give our clients and their
customers choice in how to make and receive payments quickly and
conveniently. This includes our channel-agnostic digital payments
platform, MultiPay, offering solutions to clients across cash, card
payments, direct debit and Open Banking. PayPoint also supports its
eMoney clients with purchase and redemption of eMoney across its
retail network.
- In Love2shop, we provide gifting, employee engagement, consumer
incentive and prepaid savings solutions to thousands of consumers
and businesses. Love2shop is the UK’s number one multi-retailer
gifting provider, offering consumers the choice to spend at more
than 140 high-street and online retail partners. Park Christmas
Savings is the UK’s biggest Christmas savings club, helping over
350,000 families manage the cost of Christmas, by offering a huge
range of gift cards and vouchers from some of the biggest high
street names, including Argos, Primark and B&M.
Together, these solutions enable the PayPoint Group to create
long-term value for all stakeholders, including customers,
communities and the world we live in.
- RNS - PP expands partnership with Yodel Vinted - FGS (002)
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