Cashback milestone

Paypoint terminal

PAYPOINT’S Counter Cash service has hit a major milestone, with the network now comprising more than 2,000 stores.

The ‘Cashback without Purchase’ service allows consumers to withdraw cash in c-stores without having to make a purchase.

PayPoint said the service is proving popular with consumers, who withdrew more than £300,000 during the last week of January.

Nick Wiles, chief executive officer of PayPoint, said: “Our Counter Cash service has proven popular with consumers and retailers since launch and this important milestone demonstrates our continued, long-term commitment to ensuring that cash access is protected.”