PayPoint plc

PayPoint plc, based in Welwyn Garden City, connects local shops with services their customers need. Paying a bill, collecting a parcel and depositing cash can all bring someone through the same door. For a retailer, the useful part is what happens after that customer arrives.

The group supplies retail terminals, card-payment services, digital payments and banking connections. It also owns Love2shop, which provides gift and reward products. Its income includes service fees and transaction-related charges. The total money passing through these systems is much larger than the amount PayPoint earns from handling it.