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PayPoint
PayPoint is a payment network in the UK that allows consumers to pay utility bills, top up their mobile phones, collect online shopping or pay for parking at thousands of stores across the country.
Almost everyone in the UK lives within one mile of a PayPoint location, and PayPoint services are available at nearly 30,000 places around the country. Over ten million people use PayPoint every week, and the business processes £10 billion in payments a year. In addition to the services listed above, consumers can also pay for lottery tickets, fund prepaid cards and send money with Western Union. Monese is a currency provider that lets you top up your Monese debit card at a PayPoint location.
PayPoint has also expanded in Ireland and Romania, bringing its total number of locations across the three countries to 50,000.
The Monito Glossary
When it comes to moving money, don't let yourself be bogged down by all the jargon. Explore The Monito Glossary to get up to speed with everything you need to know about money transfers.
Other Popular Money Transfer Definitions
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You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe. Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.
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