PAYPOINT:SERVING THE UTILITY PAYMENT SECTORS In the UK, PayPoint processes cash payment transactions on behalf of more utility companies than any other retail payments network. Now, PayPoint is able to offer the Romanian utility supply industry the benefits of its substantial technical investment and long-standing expertise in cost-effective, efficient and customer-friendly payment collection. GDF SUEZ Energy Romania, E.ON Gaz Romania, E.ON Gaz Distributie, E.ON Moldova Furnizare, Enel Energie, Electrica Furnizare Transilvania Sud, Electrica Furnizare Transilvania Nord, Electrica Furnizare Muntenia Nord, Petrom Distributie Gaze, Apa Nova Bucuresti , ApaVital Iasi and Congaz are already working with PayPoint in Romania, whose retail outlets can now accept their bar-coded bill payments. This turnkey solution is also readily available for other Romanian electricity, gas and water 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 travel to distant payment offices or wait in line for long periods. By being able to pay at their local food store at times to suit their lifestyles, consumers are also more likely to make timely payment, thus reducing expensive credit control activity levels. |