More than 9,000 retailers have signed up to PayPoint One – the all-in-one retail services EPoS system from PayPoint.
The platform, which launched in September 2016, gives retailers the full benefits of cloud-based EPoS technology, contactless card payments and PayPoint services, such as bill payments and Collect+.
Reaching 9,000 stores means nearly half of PayPoint’s yellow terminals have converted. A further 4,000 devices are due to rollout over the next 12 months.
Lewis Alcraft, PayPoint commercial director, said: “It’s great to see thousands of retailers benefitting from the enhanced experience and business insight that it brings. Feedback has been extremely positive and we’re committed to continually enhancing the platform with new features, such as the Nisa and Booker Wholesale links announced recently."
The company has also announced that it will retire its 14-year-old yellow terminal in December 2019 and is encouraging retailers to upgrade to the latest technology ahead of the deadline to ensure a smooth service transition. PayPoint has committed to maintaining the current service fee for the yellow terminal until its eventual retirement in December 2019.
Alcraft added: “Last year, we announced the intent to retire our yellow terminal and we promised to keep our retailers updated so that they can plan for the future. Today we’ve confirmed the end date, so they have plenty of time to make a decision that is right for them, their business and the communities they serve.”
Watch: Retailers share the benefits they get from PayPoint One.