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29 Oct 2007

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Paypoint partners with Threshers

PayPoint, the convenience retail bill payment network, has signed a new exclusive contract with Threshers Group.

The five year agreement with Threshers can enable PayPoint to provide a full range of bill payment services to the entire Threshers 1700 store estate nationwide. Threshers Group incorporates the brands of Threshers, The Local, Wine Rack and Haddows in Scotland.

The PayPoint service is predominately in the Threshers Local branded stores as part of the increased convenience offering. The PayPoint terminal is currently sited at over 300 stores and there is potential for a complete roll out to all 720 Local stores.

Alun Johnson, Threshers Group’s Operations Director said: "With over 50% of the UK population being within a 10 minute walk from a Threshers Group store, the further installation of PayPoint terminals into our sites will be a huge benefit to the local communities who shop in our stores. With our expansion plans into the convenience sector, we see PayPoint as the ideal partner to work with."

Mike Igoe, PayPoint Retail Director commented: "We are delighted to be associated with the Threshers Group for the next five years and look forward to furthering the strong trading relationship we have established. Working together with Threshers we will be selecting the best outlets from their well known high street stores to compliment the current PayPoint network."

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