PayPoint.net is a wholly owned subsidiary of PayPoint plc, the leading branded payment collection network, which is used primarily for the cash payment of bills and services, plus prepayments for mobile telephones and energy meters. PayPoint processes real time payment transactions made by consumers for goods and services (both tangible and intangible) over the Internet, by telephone and mail-order. Built around an advanced payment gateway, PayPoint service also includes an Internet merchant account (akin to a bank account for credit/debit cards, which is required before a merchant can tade) and a suite of value added services including fraud prevention, ID verification and subscription management. We service some 500 merchants, which include WHsmith & Firebox primarily based in the UK.
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