Forecourt Trader - 30 years at the heart of the fuel retailing community

PayPoint helps more than 2,000 of its ATM customers remove banking charges

PayPoint has released new figures showing that it helped more than 2,000 of its ATM customers remove banking charges in the past year, with the help of its Net Settlement facility.

Retailers with a PayPoint ATM in store can recycle cash taken in for bill payments in their self-fill ATM, reducing banking costs and providing additional earning opportunities through cash withdrawal commission.

The company has also reiterated its commitment to being 'open for business' in the ATM market, despite recent reports of the demise of free-to-use cash machines in the convenience sector and the unpopular contractual change of free-to-use machines to surcharge by other ATM operators.

Lewis Alcraft, chief commercial officer for PayPoint, commented: 'We remain fully committed to supporting both free-to-use and surcharge operating models in the UK convenience sector, and continue to work with our retailer partners to ensure the appropriate approach for their particular circumstances."

01707 537014https://retailer.paypoint.com/solutions/atm

Want more stories like this in your inbox?

Sign up for our FREE email newsletter

  • Weekly
    Retail
  • Weekly
    wholesale
  • Daily
    Average
Weekly retail fuel prices: 17 June 2019
RegionDieselLPGSuper ULUL
East133.4457.70140.09128.68
East Midlands132.8782.90140.07128.54
London132.54141.03128.92
North East130.88139.09127.62
North West132.1562.90139.28127.89
Northern Ireland129.57133.57126.60
Scotland131.8064.90139.37128.04
South East133.4265.90141.12129.16
South West132.7160.90139.02128.34
Wales131.7064.90134.47127.64
West Midlands132.55141.25128.31
Yorkshire & Humber131.61140.87127.82

Most read

As ESSO and BP join Shell and Gulf in launching new loyalty programmes this year, are such schemes a key tool for businesses today?