A present for PayPoint

Hertfordshire-based PayPoint has made an agreement with Washington-based Coinstar E-Payment Services to operate a gift card programme for PayPoint retailers at more than 17,000 outlets in the UK.

The Coinstar Gift Card programme consists of a display rack carrying electronic stored value gift cards from a range of retailers including department stores, book, music, experience and sporting and electronics brands.

The display rack will be installed in outlets alongside PayPoint terminals that have been adopted by companies such as BP, Superdrug and Somerfield, which handle payments such as cash bill payments, mobile phone top-ups, transport tickets and TV licenses.

PayPoint expects to roll-out the Coinstar programme to retailers in the second half of 2007.