RCS - PayPoint PLC - Paypoint and the Fed partner for Christmas Savings

PayPointAnnouncement

04/05/2023 11:30

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RNS Number : 4500Y  PayPoint PLC  04 May 2023

 

PayPoint Plc

 

PayPoint and the Fed announce exclusive partnership for Park Christmas Savings

Deal will see 1,500 Fed members become Super Agents, earning over £1,000 per
annum

 

04 May 2023, Welwyn Garden City - PayPoint and the Federation of Independent
Retailers (the Fed) have today announced a new, exclusive partnership which
will see the organisations work together to create a network of over 1,500
Park Christmas Savings Super Agents over the next few months. Park Christmas
Savings, now part of the PayPoint Group, 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.

 

The new partnership will see participating Fed members access an earning
opportunity of over £1,000 per annum, recruiting savers in their local area.
Each store will get access to an extensive support package, including training
roadshows, digital and in-store POS, personalised saver communications and a
national £2.5m advertising campaign driving awareness of the scheme. Fed
members who are not currently PayPoint retailers can also take advantage of an
exclusive bundle deal of PayPoint One, Park Savings and Parcels.

 

The new scheme will be rolling out over this Summer ahead of the start of the
Christmas 2024 season. Fed members who are interested can visit
paypoint.com/parksavings or email parksavings@paypoint.com
(mailto:parksavings@paypoint.com) to register their interest.

 

Nick Wiles, CEO of PayPoint, said: "We're delighted to be partnering with the
Fed to launch this exciting new opportunity to earn. We know that Fed members
will be perfect partners for Park Christmas Savings, given the important role
they play at the heart of their communities across the UK. This forms part of
our longstanding commitment to add extra value and revenue into the pockets of
all PayPoint retailer partners and we're looking forward to working closely
with the Fed to roll this out over the coming months"

 

Jason Birks, National President of the Fed, said: "It's a mark of the positive
relationship that the Fed now has with PayPoint that we're announcing this
fantastic news for all members today. This exclusive partnership creates a
great opportunity for members to make more money from PayPoint in their store
whilst offering a vital service to customers in their community. I would
encourage all members to get involved."

 

*Ends*

 

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.

 

Together, these solutions enable the PayPoint Group to create long-term value
for all stakeholders, including customers, communities and the world we live
in.

 

ABOUT THE FEDERATION OF INDEPENDENT RETAILERS (FED)

 

Founded in 1919, the Fed is one of the largest employers' associations,
supporting 10,000 independent retailers' stores in the UK and Ireland. We
exist to help members run more profitable businesses through a comprehensive
package of practical help, commercial support and exclusive deals.  We are
also the voice of independent retailers in parliament.

 

Enquiries

 

 PayPoint plc                                                                                                      FGS Global
 Nick Wiles, Chief Executive (Mobile: 07442 968960)                                                                Rollo Head
 Alan Dale, Finance Director (Mobile: 07778 043962)                                                                James Thompson
 Steve O'Neill, Corporate Affairs & Marketing Director                                                             (Telephone: 0207 251 3801)
 (Mobile: 07919                                                                                                    (Email: PayPoint-LON@fgsglobal.com)
 488066)

 

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