Overview

Payzone™ is Europe’s largest branded consumer payments acceptance network. Providing services in 21 countries, Payzone implements and operates payment networks including prepaid mobile telephone top-up, credit and debit card processing, utility and general bill payment, money transfer and stored value solutions, and processes over 630 million transactions per year.

Payzone’s network has extensive coverage with over 240,000 retail points of service at more than 170,000 retail locations in 21 countries across Europe covering a population of over 455 million people. Payzone provides consumers with the choice of a full range of service points, including retail, internet and mobile internet, which consolidates further its market position, achieved through Payzone’s close relationships with Retailers.

Payzone’s network is primarily engaged in the acceptance of cash payments for the services of its partners through its Retailer network. The principal services offered by Payzone for its client partners are pre-paid mobile top-up, utility and general payment collection and financial services including stored value cards schemes, money transfer services and the processing of EFT transactions. The provision of these services involves the installation and maintenance of terminals and vending machines at retail premises and the installation of EPOS interfaces in retailers’ EPOS systems which allow those EPOS systems to connect to and interact with the Payzone network.