PayPoint and Lloyds Bank announce major strategic partnership expansion - Seite 2

Good execution of this partnership extension is another key element to the delivery of our overall business ambitions and our immediate target of delivering £100m EBITDA by the end of FY26.”

Melinda Roylett, Managing Director, Lloyds Bank Merchant Services said:

“Our partnership with PayPoint is incredibly important for our next stage of growth and leveraging the significant investment we are making in the Lloyds Bank Cardnet Merchant Services business. The strength of their enhanced platform and network provides us with an unparalleled distribution capability to enable us to support even more UK SMEs with our leading range of card acquiring and wider banking services. We have always been committed to being by the side of all of our business customers, and this expanded partnership with PayPoint will enable us to continue to be true to that commitment.”

PayPoint retailer Natalie Lightfoot, Londis Solo Convenience (Glasgow), said:

“This is fantastic news for our business - we have been customers for many years and it’s great that this new partnership will give us access to even more benefits and banking services. Small businesses like ours are facing many challenges at the moment, so it’s good to know that both Lloyds Bank Cardnet Merchant Services and PayPoint are joining forces to help us continue to thrive and support customers at the heart of our community in Glasgow.”

Enquiries

PayPoint plc	FGS Global
Nick Wiles, Chief Executive (Mobile: [phone])	Rollo Head
Rob Harding, Chief Financial Officer (Mobile: [phone])	James Thompson
	(Telephone: [phone]) (Email: [e-mail])

Lloyds Bank