Thames Water signs new contract with PayPoint

PayPoint, the UK's best known and most used over-the-counter payment solutions provider has secured a new five year contract with Thames Water to handle over two million payment card cash payments made to the company annually.

Additionally, other types of water bill payments paid in cash will be free of charge only at PayPoint outlets from this date.

PayPoint agents in the Thames Water region can expect to benefit from the incremental business generated as this new contract begins due to increasing footfall.

Thames Water is the UK's largest water and sewerage company, serving a population of 13 million customers across London and the South East of England.

Mike Igoe, PayPoint Retail Director commented: "Securing a new five year deal with Thames Water is great news for PayPoint agents, who can benefit from the significant extension to the existing arrangements.

PayPoint is delighted to be able to offer Thames amongst their extensive utilities portfolio, ensuring that their customers will continue to benefit from an easier convenient and free way to pay their bills. In turn, this will help retailers within the Thames Water region to further increase footfall and build the associated sales."