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Monday, 18 February 2008 |
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Payzone plc, the leading European consumer payments and cash distribution network, has signed a three year contract with Musgrave Retail Partners GB (Budgens & Londis),to provide electronic mobile phone top up services.
The contract is an extension of Payzone UK's existing relationship with the retail estate, which currently provides 600 Londis stores with mobile top up services.
Paul Charmatz, Managing Director of Payzone UK, said: "Payzone is delighted to be extending terminal deployment within both the Budgens and Londis brands, which we believe leverages our position as a leading prepayment services provider within the grocery sector.
“The new contract is expected to increase the total, annual value of transactions processed within the Musgrave Budgens Londis estate by 33 per cent."
Rod McGregor, Trading Manager of Musgrave Retail Partners GB said: "Payzone provides a cohesive simple solution for both our estates and we are looking forward to building on our trading relationship in the future.”
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