PAYPOINT:SERVING THE TELECOMS CABLE & INTERNET SECTORS In the UK and Ireland, PayPoint processes cash payment transactions on behalf of all fixed line telephony providers and cable networks. Now, PayPoint is able to offer the Romanian telecoms, cable and internet sectors the benefits of its substantial technical investment and long-standing expertise in cost-effective, efficient and customer-friendly payment collection. Vodafone, Cosmote, Romtelecom, UPC, Zapp, Boom and Akta are already working with PayPoint in Romania, whose retail outlets can now accept their bar-coded bill payments. Focus Sat is working with PayPoint providing vouchers with electronic codes for DTH (Direct-to-Home) prepaid service users. These turnkey solutions are also readily available for other Romanian telecoms companies, cable networks and internet service providers. 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. |