PayPoint plc is a United Kingdom-based cash and Internet payments company, with operations also in the Ireland and Romania. The company is a holding company and its subsidiaries are engaged in developing and operating electronic payment collection systems for clients. The Company processes transactions and collects payments on behalf of the United Kingdom and Ireland’s utility and customer service organizations, and there are almost 22,000 convenience retail outlets using PayPoint’s terminals. At a PayPoint outlet, consumers are provided with a one stop shop for making cash payments for the wide range of PayPoint’s clients. In addition, PayPoint provides automated teller machines (ATMs) to retail outlets and processes ATM transactions. PayPoint.net provides secure credit and debit card payments for Web merchants. PayPoint Romania provides electronic mobile top-ups and scratch cards and successfully launched a bill payment service during the period.