PayPoint has extended its ATM cashback offer to all retailers who switch cashpoint to a PayPoint ATM.

The offer gives retailers the opportunity to earn £300 cashback a year for up to five years (totalling £1,500) when they take a PayPoint ATM.

PayPoint’s ATMs are now in over 4,000 stores across the UK. The company claims they provide retailers with significant savings on their cash-banking costs, with some saving more than £600 per month, and that retailers also benefit from a unique net settlement process that improves cash-flow.

Anthony Sappor, ATM product manager at PayPoint, commented: “I am delighted to announce we are extending our offer so more retailers can benefit from reduced banking charges and offer a vital service to their customers.

“As bank branches continue to close, ATMs within convenience stores play an increasingly key role in serving local communities as well as driving footfall and cost benefits to retailers.”

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www.paypoint.com/atmcashback