In the UK, PayPoint processes cash payment transactions on behalf of hundreds of local authorities and housing associations whose tenants need a convenient way to make weekly, fortnightly or monthly payments for rent and other domestic services. Now, PayPoint is able to offer Romanian local authorities the benefits of its substantial technical investment and long-standing expertise in cost-effective, efficient and customer-friendly payment collection.

With local authorities seeking alternative or additional methods of cost-effective collection of cash payments for rents and other services, many face the need to cut costs by withdrawing expensive cash handling from payment centres.

PayPoint provides the ideal solution for the collection of regular payments because people prefer to pay locally. Independent research carried out in Romania for PayPoint in 2006 clearly confirmed consumers’ strong desire for more convenient ways to make regular payments without having to take time to travel to distant payment offices or wait in line for long periods. By being able to pay at their local convenience store at times to suit their lifestyles, consumers are also more likely to make timely payment, thus reducing expensive credit control activity levels.