1. Corporate Strategy

PayPoint confident of progress as trading update shows growth

PayPoint has reported a rise in revenue in the three months ending June 30 and said it remains confident of making further progress despite ‘continued headwinds.’ Revenue was up 6.2% to £29.9mln with a revenue increase of 8% in shopping, a 33.8% jump for its e-commerce business and 1.8% in banking. Chief executive Nick Wiles, said: “Whilst …

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