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
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