HSBC Merchant Services, the largest independent cards payment processor in the UK, has won a tender to provide Post Office Ltd with card processing services to its approximate 11,500 branches nationwide.
It will provide an extensive range of technology, including virtual terminals for the Post Office website, and process payments from all Post Office® branches, including the innovative 'Post and Go' self-service kiosks and the entire estate of 13,000 paystation™ bill payment terminals.
Chris Davies, Managing Director of HSBC Merchant Services said: 'We are so excited and proud to be chosen as the payment processing provider of The Post Office. It is a great UK institution with a long heritage we are delighted to support as it responds to the needs of its modern-day customers.'
Sujai Jayaram, Senior Sourcing Manager at Post Office Ltd said: 'We were really impressed with the level of professionalism and passion displayed by HSBC Merchant Services. We look forward to working with them in the coming years as we enter an exciting period for Post Office.'
HSBC Merchant Services is one of the few major card processors offering innovative one-stop technology solutions tailored to a wide-range of businesses, including small and large retailers with mobile terminal needs, contactless technology and e-commerce traders.