PayPoint et Lloyds Bank annoncent une expansion majeure de leur partenariat stratégique
PayPoint SA
20 Mars 2024
PayPoint and Lloyds Bank
announce major strategic partnership expansion
PayPoint Plc and Lloyds Bank are pleased to announce a major partnership expansion, which will see Lloyds Bank Cardnet become the main card acquiring partner across the PayPoint Group’s extensive network of over 60,000 SME and retailer partners.
The expanded partnership, going into pilot in Q2 FY24/25, with a full launch expected in Q3 FY24/25 (subject to regulatory approval), will offer merchants a market-leading banking and card services proposition combining card payments, a 12-month fee-free Lloyds bank business account and a connected competitive commercial card offering. The enhanced proposition strengthens PayPoint Group’s market position, accelerates growth across our merchant estates and delivers better tools, support and experience for its SME and retailer partners.
Additionally, the multi-year agreement will bring significant benefits to the PayPoint Group customer base, including earlier in the day settlement, a faster onboarding experience, a new merchant app, additional customer data and insights, and wider access to Lloyds’ leading range of business banking and lending products. This will be supported by significant investment into the Lloyds Bank Cardnet business to enhance product development and data analytics for merchants.
The agreement extends to Northern Ireland as a new territory for the Handepay business, and additional revenue streams for the Merchant Rentals terminal lease business, as well as creating further growth opportunities for the PayPoint Group’s enhanced range of capabilities, including a merchant rewards scheme leveraging the Love2shop rewards and engagement platform.
Nick Wiles, PDG de PayPoint a déclaré :
“The expansion of our long-standing relationship with Lloyds Bank Cardnet Merchant Services has been a key strategic decision for our business and one that we believe will deliver major benefits to our SME and retailer partners. We are confident this partnership expansion will deliver an enhanced proposition and experience which will strengthen our market position, accelerate the growth of our merchant network and provide better tools and support for our SME and retailer partners as they look to grow their own businesses.
Good execution of this partnership extension is another key element to the delivery of our overall business ambitions and our immediate target of delivering £100m EBITDA by the end of FY26.”
Melinda Roylett, Managing Director, Lloyds Bank Merchant Services said:
“Our partnership with PayPoint is incredibly important for our next stage of growth and leveraging the significant investment we are making in the Lloyds Bank Cardnet Merchant Services business. The strength of their enhanced platform and network provides us with an unparalleled distribution capability to enable us to support even more UK SMEs with our leading range of card acquiring and wider banking services. We have always been committed to being by the side of all of our business customers, and this expanded partnership with PayPoint will enable us to continue to be true to that commitment.”
PayPoint retailer Natalie Lightfoot, Londis Solo Convenience (Glasgow), said:
“This is fantastic news for our business - we have been customers for many years and it’s great that this new partnership will give us access to even more benefits and banking services. Small businesses like ours are facing many challenges at the moment, so it’s good to know that both Lloyds Bank Cardnet Merchant Services and PayPoint are joining forces to help us continue to thrive and support customers at the heart of our community in Glasgow.”
Demandes de renseignements
PayPoint plc | FGS mondial |
Nick Wiles, directeur général (portable : 07442 968960) | Tête de Rollo |
Rob Harding, directeur financier (Mobile : 07525 707970) | James Thompson |
(Téléphone : 0207 251 3801) (Email: [email protected]) |
Lloyds Bank
Adam Charles, Media Relations
[email protected]
+0207 (356)2374
À PROPOS DU GROUPE PAYPOINT
Pour des dizaines de milliers d'entreprises et des millions de consommateurs, nous proposons des technologies et des services innovants qui facilitent un peu la vie.
Le groupe PayPoint sert un large éventail d'organisations, depuis les PME et les détaillants partenaires, jusqu'aux autorités locales, aux gouvernements, aux prestataires de services multinationaux et aux marques de commerce électronique. Nos produits sont répartis dans quatre divisions commerciales principales :
- Dans Shopping, nous améliorons les propositions des détaillants et les expériences client grâce aux services EPoS via PayPoint One, la technologie de paiement par carte, les guichets automatiques, les guichets automatiques et les partenariats technologiques de livraison à domicile dans plus de 60,000 28,000 PME et détaillants partenaires dans plusieurs secteurs. Notre réseau de vente au détail de plus de XNUMX XNUMX magasins de proximité est plus grand que toutes les banques, supermarchés et bureaux de poste réunis
- Dans le commerce électronique, nous offrons les meilleurs parcours clients grâce à Collect+, une solution de livraison basée sur la technologie qui permet de récupérer, de déposer et d'envoyer des colis dans des milliers de magasins locaux.
- Dans le secteur Paiements et services bancaires, nous donnons à nos clients et à leurs clients le choix de la manière d'effectuer et de recevoir des paiements rapidement et facilement. Cela inclut notre plateforme de paiements numériques indépendante du canal, MultiPay, qui offre des solutions aux clients en matière de paiements en espèces, par carte, par prélèvement automatique et d'Open Banking. PayPoint aide également ses clients eMoney à acheter et à racheter de l'eMoney à travers son réseau de vente au détail.
- Chez Love2shop, nous proposons des solutions de cadeaux, d'engagement des employés, d'incitation aux consommateurs et d'épargne prépayée à des milliers de consommateurs et d'entreprises. Love2shop est le premier fournisseur de cadeaux multi-détaillants au Royaume-Uni, offrant aux consommateurs le choix de dépenser chez plus de 140 partenaires de vente au détail en ligne et dans les grandes rues. Park Christmas Savings est le plus grand club d'épargne de Noël du Royaume-Uni, aidant plus de 350,000 XNUMX familles à gérer le coût de Noël, en proposant une vaste gamme de cartes-cadeaux et de bons d'achat de certains des plus grands noms de la rue, notamment Argos, Primark et B&M.
Ensemble, ces solutions permettent au groupe PayPoint de créer de la valeur à long terme pour toutes les parties prenantes, y compris les clients,
communautés et le monde dans lequel nous vivons.
ABOUT LLOYDS BANKING GROUP
- Lloyds Banking Group is a leading UK based financial services group providing a wide range of banking and financial services, focused on personal and commercial customers.
- We are proud to be by the side of British business, supporting more than 1 million UK businesses with leading digital and relationship banking services, as they start up, grow, thrive and trade internationally.
- As part of the Group, Lloyds Bank Cardnet Merchant Services offers leading end-to-end payment acceptance solutions. We help businesses from all parts of the UK, and across all different sectors and sizes, giving them the support they need to take payments online, in store, or over the phone at any time.
- For more information on how we help businesses to receive payments please visit: www.lloydsbank.com/cardnet.