PayPoint launched its second-generation terminal at the Convenience Retailing Show in Birmingham last week. PayPoint claims that the new terminal is up to 35% faster than the current one, incorporating technology that enables retailers to offer customers a broader range of services.
This includes a smart card reader allowing customers to charge up smartcards for bus, coach and rail ticketing as well as congestion charging. There is also a touch screen LCD display for select products such as e-top-ups, which does away with the need for keeping barcodes by the terminal.
PayPoint is investing £6m in rolling out the new technology to 11,000 retailers over the next 12 to 15 months. The company has faced some criticism from retailers over the amount of
commission they received but managing director Dominic Taylor believed that this investment and the quality of the new machine should alleviate retailers concerns.
He said: “Retailers have to weigh up the commission they receive against the benefits of the new machine. This machine will prove cost effective.”