Bhrunil Patel at Magnum News explains why PayPoint One is right for his store.
Find out what retailers are saying about PayPoint One...
"PayPoint customers call in more frequently and generally spend more."
"PayPoint makes the difference with exclusive services and helps us attract more customers to our store, as PayPoint customers call in more frequently and generally spend more.
We process both chip and PIN and Contactless card payments through our PayPoint terminals at a very competitive rate and have these at each till point keeping our sales quick and efficient.
We offer a free to use ATM which I feel is very important to the business. Our self-fill ATM has been a huge success in driving footfall and sales with a large percentage of customers spending withdrawn cash in store. We generate commission from our ATM transactions but the big savings are really on our reduced bank fees.
All of these help us to earn additional revenue and make substantial savings on our banking charges."
Mr Malcolm Hall
"We’ve increased our weekly PayPoint takings from £8k to £20k+."
"Over the years I have formed a great relationship with our PayPoint Territory Development Manager, Matthew.
With his advice and help, we’ve increased our weekly PayPoint takings from £8k to £20k+.
We've also had security deposits paid back to us totalling £10k which we used to purchase another shop - with PayPoint and an ATM too!"
Mr Ajeeban Mahalingam
"The main advantage to us is the huge savings on banking charges."
"We are able to put the takings from both our shops into the ATM, saving us thousands of pounds a year in banking charges. We find that the customers tend to spend the money they take from the ATM in our shop which increases our takings.
We receive a fair weekly commission from the ATM transactions but the main advantage to us is the huge savings on banking charges, the increase in customer satisfaction/footfall, and the increase in takings.
We always try to stock items that the customers want to buy, especially new products and those advertised on TV. We have a massive £1 aisle which is very popular and we take time to search for suppliers for in-demand items."
Mr Christopher Presland
"We like the transparency that PayPoint offers."
"We like the flexibility in placing orders. We can order at a time that suits us, whether that’s over the phone, through our TDM or on our PayPoint terminal.
In addition, we like the transparency that PayPoint offers. With every SIM order, we receive a detailed list of all of the SIM serial numbers that have been sent to us.
Likewise when we are paid commission, we can log onto MyPayPoint and see which SIMs have been activated. It even lists the serial numbers of the SIMs that we have received payment for. The margins that we make on SIM cards are very good, which is why we dedicate space in our stores to sell them."
Mr Rais Patel