PayPoint: Rolls out next business day settlement

PayPoint: Rolls out next business day settlement

  • PayPoint announces the launch of a next business day settlement service for One customer signing up for integrated card payments
  • Initially available to new card payment customers for no additional fee
  • The service will enable retailers to receive funds from any card transactions directly into their nominated bank account
  • Alongside Counter Cash, which allows consumers to withdraw exact denominations between 1p and £50
  • it’s one of many features that allow retailers to earn commission while providing a service that local communities rely on
  • it will be rolled out to all of existing retailer partners who use card payments service
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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