Payzone News

Payzone, Ireland’s largest consumer payments network, has announced the introduction of a new ‘top up’ payments solution, that will support the rollout of modern PrePayment Meters (PPMs) in the gas and electricity markets.  Installations of the new PrePayment Meters to eligible electricity customers commenced earlier this month as part of a three year rollout plan aimed at over 100,000 households, deemed to be experiencing genuine financial hardship.

Payzone’s new ‘top up’ solution will facilitate the prepayment of energy supply services from each of the utility companies using an electronic digital key pad system.  By visiting any of the Payzone retail agents among its network throughout the country, users of the Prepayment Meters can purchase a range of energy credits and in turn will be provided with a digital pin number that can then be input via the key pad PPM system, ensuring supply of the appropriate level of energy.

Commenting on this latest Payzone announcement, Jim Deignan, Managing Director, Payzone Ireland said: “We are very pleased to be supporting the PPM rollout by introducing this innovative payment solution technology for the first time in Ireland.  It is another great example of how Payzone is widening its range of payment solutions while playing to our core strengths of electronic payment facilitation and strong retail network coverage throughout the country.” 

He continued: “Payzone works with all the leading  electricity, gas and other utility service providers to develop networks and supporting IT infrastructures for pre-payment, bill payment and other payment types.  Today’s announcement builds on this strong track record of partnership and we look forward to playing our part in the delivery of an ever more effective service to support the needs of our customers and their consumers.”

Payzone works with many of the country’s leading retail groups and provides a convenient option with branded outlets well located and typically with opening hours to suit the many customers of utility providers.  

Media queries:

Sheila Gahan or Frans Van Cauwelaert, WHPR Tel 01 669 0030 /087 234 2409 (Sheila) or 087 9476743 (Frans)

sheila.gahan@ogilvy.com or frans.vancauwelaert@ogilvy.com

About Payzone:

Payzone is Ireland’s largest branded consumer payments acceptance network. The company also operates across Europe providing a wide range of payments services in the UK, Sweden, Greece, Germany and Romania. Payzone implements and operates payment networks including mobile top-ups, tolling payments, credit and debit card processing, bill payment, pre-paid debit cards and electronic gift solutions.  Payzone processes over 380 million transactions annually.

Last changed: Nov 23 2011 at 12:53 PM