Payzone Bill Payments Limited
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| Subsidiary | |
| Traded as | previously as LSE: PAYZ |
| ISIN | 🆔 |
| Industry | Payment Network |
| Founded 📆 | 1989 |
| Founder 👔 | |
| Headquarters 🏙️ | Northwich, Cheshire, UK |
Area served 🗺️ | |
| Products 📟 | Payzone |
| Members | |
Number of employees | |
| Parent | Post Office Limited |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Payzone is a British branded consumer payments acceptance network that has been part of the Post Office Limited since 2018.[1][2][3][4]
Payzone UK Ltd is primarily engaged in the acceptance of cash payments for the services of its partners through its retailer network.[5] Their main services include mobile phone top-up, International calling cards, bus ticket purchase,[6] utility and general bill payment and pre-paid cards.[7]
History[edit]
The company was founded in 1989. By 1996 the company had a presence in the terminal maintenance sector acting as a service provider for a number of banking institutions across Ireland and the UK. In 2018 the UK post office acquired the UK payment business from Payzone's owner after it was split from the Irish Payzone (Ireland) business.[4]
Competitors[edit]
Rivals to Payzone include PayPoint, which operates in the UK and Ireland.
Operations[edit]
Payzone use technology including Broadband, Bluetooth and GPRS and work with Elavon Merchant Services [8]
Convenience retail[edit]
Payzone supplies a payment terminals to its customer base of retail outlets in the ‘convenience sector’ that accept payments on behalf of its partners. Customers in the convenience sector are typically convenience stores, newsagents and off-licences. Payzone's partners include mobile network operators, utility companies and public transport organisations. Consumers use Payzone's network of terminals (placed with its business customers) to pay for services provided by its partners such as mobile phone top-ups, international calling cards, gas payments, electricity payments, water payments, housing payments, online gaming vouchers and The Health Lottery tickets. The same Payzone terminals also support credit and debit card acceptance for goods and services that the convenience business sells directly to its own customers.[citation needed]
General retail (card acceptance)[edit]
Payzone supplies a range of payment terminals for small to medium-sized businesses in the ‘general retail’ sector that allows those businesses to accept credit and debit card payments. Payzone's customers in the ‘general retail’ sector include beauty salons, clothing stores, restaurants, bars, car servicing and motor accessories outlets. Payzone also provides mobile card acceptance terminals for mobile businesses such as electricians and mobile hairdressers.[citation needed]
References[edit]
- ↑ Duke Street
- ↑ Payzone adds services to drive footfall in convenience stores
- ↑ New Payzone Site Offers Best Priced Card Terminal Rentals to Your Business
- ↑ 4.0 4.1 "Post Office looking to buy Payzone's Bill payment business". Post&Parcel. 27 June 2018.
- ↑ PayZone Group About Us
- ↑ Buy your multi-journey ticket from Payzone
- ↑ Payzone UK to provide mobile top-ups via discount chain, 99p Stores
- ↑ Payzone Awarded for Outstanding Service by Elavon
External links[edit]
This article "Payzone (United Kingdom)" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Payzone (United Kingdom). Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
