Retailers to receive commission for sales of activated SIM cards
PayPoint, the payment services network, has secured direct distribution
agreements with the major mobile networks and MVNOs, including
Vodafone, Virgin, T-Mobile, Orange, 3, Lyca, Lebara and Nomi, that will
allow PayPoint retailers to receive commissions of up to £5 on each SIM
card when sold with a top up voucher.
Retailers will be able to order SIM cards directly from their PayPoint
terminal and will benefit from free delivery directly to their store within
two working days.
SIM activation bonuses will be detailed on a new, monthly commission
statement, with payments being automatically generated to the PayPoint
retailer’s bank account.
Historically, independent retailers have not received commission for SIM
card activations. However, PayPoint’s direct supply initiative gives retailers
full control, recognition and reward for activations from the SIMS that
they sell, as well as full control over their stock.
Ivan Donn, director of new channels at PayPoint, commented: “This is a
fabulous deal for PayPoint retailers – a SIM card sold for just 99p
alongside a top up voucher will generate an activation bonus for our
retailers of £3-£5. This is an unmissable opportunity for retailers to
extend their relationship with PayPoint to earn substantial commission in a
market that currently moves around 10 million cards per year.”
– Ends –
Enquiries:
PayPoint Press Office
01707 600356
peterbrooker@paypoint.co.uk
Tom Nutt / Blake Scotland
The Communication Group
020 7630 1411
paypoint@thecommunicationgroup.co.uk
Notes to Editors
PayPoint is the leading cash and internet payments company in the UK with
operations also in Ireland and Romania. It handles nearly £9 billion from over
540 million transactions annually for more than 6,000 clients and merchants.
The company operates several payment networks:
• The PayPoint branded retail network numbers nearly 22,000 terminals
located in local shops (including Co-op, Spar, McColls, Costcutter,
Sainsbury’s Local, One Stop, Londis and thousands of independents)
in all parts of the UK and Ireland. Its terminals process gas and
electricity meter prepayments, cash bill payments, mobile phone topups,
transport tickets, London Congestion Charges, BBC TV licences
and a wide variety of other payment types for most leading utilities,
telecommunications suppliers and many consumer service companies
• An ATM network which has over 2,000 ‘LINK’ branded machines
across the UK, typically in convenience stores;
• PayPoint.net, an internet payment service provider, delivers secure
online credit and debit card payments for over 5,000 web merchants
linking into all major UK acquiring banks; and
• Pay Store SRL, trading as PayPoint Romania, a mobile top-up operator
with over 5,700 outlets equipped with electronic terminals. A bill
payment service has been added to increase the breadth of PayPoint’s
offering in Romania, emulating the UK branded retail network.
• Collect+, a joint venture with Home Delivery Network Limited to provide
a parcel collection and drop off service at its retailers.
PayPoint floated on the London Stock Exchange in September 2004 and the
company’s market capitalisation at 29 March 2009 was £254 million. PayPoint
is widely recognised for its leadership in prepayment systems, smart
technology and consumer service.
