Cardpoint plc announces agreement with LINK to offer Mobile phone ‘top-ups’ via its ATM estate
Cardpoint plc, the first UK quoted independent ATM deployer, announces today that it has signed an agreement with LINK Interchange Network Limited to deliver, via the Vodafone UK network, mobile phone ‘top-ups’ to customers utilising the Cardpoint ATM estate.
The ATM top-up service will make it more convenient for pre-pay mobile phone users to add airtime to their handsets. Customers of participating mobile operators can use selected cash machines connected to the LINK ATM network to 'top-up' their phones by simply inserting their ATM card into the machine and following the screens through the mobile 'top-up' procedure. Payment will be authorised direct from the customer's account.
LINK, which is the central hub for the UK’s only branded ATM network is uniquely placed to enable the ATM channel for prepay ‘top-ups’. Nigel Wright, Operations and Development Director at LINK, said: "In September we signed our first contracts with LINK Network Members to participate in this exciting new service. Cardpoint’s entry into this marketplace with its estate of 400 plus ATMs will soon allow Vodafone UK customers to top up their airtime at their cash machines 24 hours a day. We also expect to be able to announce shortly that more LINK members and other mobile operators have signed up to offer the service.”
Stephen Brewer, Managing Director of Vodafone Sales and Distribution, commented: "ATMs offer Vodafone’s 8 million pay as you talk customers a great new way of topping up and this agreement supports our aim of 50% of top-ups being done electronically by the end of 2003.”
Mark Mills, Chief Executive of Cardpoint plc, said: “This exciting development demonstrates Cardpoint’s determination to provide both consumers and site hosts with added services and benefits. We believe that it will not be long before other prepay mobile phone users will be able to ‘top-up’ their phones quickly and efficiently using our estate of ATMs.”
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Mark Mills, Chief Executive Officer Tel: +44 (0) 1253 785 808
Evolution Beeson Gregory
Mike Brennan / Henry Turcan Tel: +44 (0) 20 7488 4040
Bankside Consultants Limited
Henry Harrison-Topham / Ariane Vacher Tel: +44 (0) 20 7444 4140
LINK Interchange Network Limited
Nigel Wright, Operations and Development Director Tel: +44 (0) 1423 356 000
Notes to editors
Cardpoint plc is an independent owner and operator of over 400 ATMs across the UK. The Company typically charges £1.50 per cash withdrawal, with their customers’ permission, and receives transaction revenues for balance enquiries and card rejections.
The ATMs are typically placed in high footfall locations including shopping centres, motorway service stations, hospitals and train stations, but in areas that are not traditionally serviced by other ATM providers, thereby offering their customers greater convenience and access to cash.
Cardpoint is a full member of the LINK Network, the only branded shared network of ATMs and self-service terminals in the UK, which allows 80 million cardholders of every member financial institution to use the ATM of another LINK member.
Cardpoint listed on the Alternative Investment Market in June 2002. The Company’s Stock Exchange EPIC is CASH.L
LINK Interchange Network Ltd specialises in electronic transaction transfers on behalf of the UK's largest financial institutions and other commercial organisations. LINK manages the LINK ATM network, the world's busiest shared ATM network and the UK's only network with 40,000 cash machines deployed and over 86 million LINK-enabled cards in issue.
Vodafone UK has 13.2 million customers, the largest share of the corporate mobile communications market and is part of the world's largest mobile community. The network covers 99% of the population. Vodafone UK was recently ranked top for customer satisfaction in the UK's pre-pay mobile phone sector and the ability for their customers to use a cash machine to charge their phone will further enhance the award.
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