Payzone extends VocaLink ATM management contract

Source: VocaLink

VocaLink, the payment transaction specialist, has won a renewal contract with Payzone, one of the leading ATM operators in Europe, to provide ATM managed services until the end of 2012.

VocaLink supplies ATM driving, communications and helpdesk services for Payzone's network of 4,000 ATMs. The new agreement extends the longstanding partnership to support the consumer payments network. The company has worked closely with Payzone over the past 12 months to improve the processes and efficiency of the ATM support model it provides and to reduce operating costs. This has delivered significant benefits for both companies and will result in an enhanced customer service with greater availability for Payzone's merchants and ATM users.

VocaLink offers a complete ATM managed service for banks, building societies, independent ATM deployers and any organisation entering the ATM acquiring business. This includes a full deployment solution, terminal-driving and transaction processing, support of all transaction types and connectivity to card schemes.

Martin Wilson, chief commercial officer at VocaLink, commented: "We're very pleased to be extending our partnership with Payzone. Our managed services have allowed Payzone to tap into the core of our ATM expertise, helping them to increase their revenue while reducing the cost of maintaining the processing platform necessary for their network. The renewal of our contract reflects the progress we have successfully made since we started working together."

Nick Cockett, Managing Director at Payzone, said: "Our ongoing relationship with VocaLink has ensured that our ATM network is more efficient and has improved the services that we provide our customers. This new agreement will enable us to extend these advances and further optimise our support model. Outsourcing the management of our ATM estate to VocaLink has allowed us to maximise our investment and revenue potential."

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