– UK – PayPoint plc is pleased to announce the appointment of Neil Carson to its board as a non-executive director with effect from the conclusion of the annual general meeting on 23 July 2014. Neil will succeed Andrew Robb as chairman of the remuneration committee and as senior independent director, following Andrew’s retirement at the forthcoming annual general meeting.
Neil recently stepped down from his role as chief executive of Johnson Matthey Plc, a position he held for ten years, but will remain on the board of Johnson Matthey Plc until his retirement at the end of September 2014. Neil is also a non-executive director and member of the remuneration, audit, nomination and ethics committees at AMEC plc.
Warren Tucker, Chairman designate, said: “We are delighted to welcome Neil to the PayPoint board. Neil is a distinguished FTSE100 chief executive and I’m sure his extensive board experience will be of great benefit to our board. I also look forward to working closely with Neil in his capacity as senior independent director.”
David Newlands, Chairman, said: “Andrew Robb, who has served on the PayPoint board since 2004, was formerly chairman of the audit committee and is chairman of the remuneration committee and senior independent director, will retire at the annual general meeting. I would like to thank Andrew for his service and wish him a long and happy retirement.”
PayPoint is an international leader in payment technologies, its solutions transforming payments for everyone from consumer and financial services companies to retailers, utilities, media, e-commerce, gaming and government clients.
PayPoint delivers payments and services by taking the complexity of multi-channel payments and translating it into convenient, simple, value-added solutions. It handles over £14 billion from 760 million transactions annually for more than 6,000 clients and merchants.
With the backing of 24/7 operations centres with dual site processing, PayPoint is widely recognised for its leadership in payment systems, smart technology and service.
The PayPoint retail network across the UK numbers over 26,700 local shops (including Co-op, Spar, McColls, Costcutter, Sainsbury’s Local, Tesco Express, One Stop, Asda, Londis and thousands of independents), where it processes energy meter pre-payments, bill payments, benefit payments, mobile phone top-ups, transport tickets, BBC TV licences, cash withdrawals and a range of other transactions. In Romania, the retail network numbers over 8,350 terminals in local shops, helping people to make cash bill payments, money transfers, road tax payments and mobile phone top-ups. In the Republic of Ireland, over 500 terminals in shops and credit unions process mobile top-ups and bill payments.
Collect+, a joint venture with Yodel, provides a parcel drop-off and pick-up service at more than 5,600 PayPoint retailers. PayPoint’s ATM network numbers more than 3,600 ‘LINK’ branded machines across the UK, and 8,800 PayPoint terminals enable retailers to accept credit and debit cards.
Mobile and Online
PayPoint Mobile and Online (formerly trading as PayPoint.net, PayByPhone and Adaptis) handles over 130 million payments for parking, payments and consumer services. In major cities in the UK, Canada, USA, France, Switzerland and Australia, its parking solutions make it easy for people to pay for parking by mobile, as well as providing electronic parking permits, automatic number plate recognition systems for car parks and penalty charge notices.
PayPoint’s core online payments platform is linked to 16 major acquiring banks in the UK, Europe and North America, delivering secure credit and debit card payments for over 5,100 online merchants. Its suite of products ranges from transaction gateway to a bureau service, in addition to value-added services such as FraudGuard, an advanced service that mitigates the risk of fraud in card not present transactions.
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