TIDMAPP
Appreciate Group PLC
27 May 2021
27 May 2021
Appreciate Group plc
Appreciate Group plc enters partnership with PayPoint
Gifting product to be made available at 28,000 PayPoint
retailers
Appreciate Group plc ("Appreciate"), the UK's leading
multi-retailer redemption product provider, has entered a new
partnership with PayPoint plc that will see its gifting products
offered to consumers via PayPoint's network of 28,000 retailer
partner stores across the United Kingdom.
Consumers will now be able to purchase Love2Shop e-gift cards at
PayPoint outlets. These cards can then be exchanged so that
customers can shop with some of the nation's favourite high street
and online brands, including Argos, Halfords, Marks & Spencer,
ASOS, Costa and Uber Eats.
Appreciate is also working with PayPoint to supply its retailers
with marketing support for its retailer partner stores so that
awareness of the product in-store can be maximised.
Ian O'Doherty, Chief Executive, at Appreciate Group, said:
"This is an exciting opportunity for Appreciate Group as the
partnership provides our first physical distribution network for
Love2Shop e-gift cards. Overnight, it provides us with a network of
28,000 stores that reach into the heart of communities throughout
the UK.
"Following recent success in building out our digital offering,
this agreement further enhances our offer and adds depth to how
customers can access our products. Looking ahead, working with
partners who we believe can strengthen our proposition and help us
drive growth, such as PayPoint, is a key component of our plans for
future growth."
END
Appreciate Group Liberum MHP Communications
plc (NOMAD and broker)
Andy Hammerton, Head Richard Crawley Reg Hoare
of Corporate Affairs Jamie Richards Katie Hunt
Ian O'Doherty, CEO Charles Hirst
Tim Clancy, CFO
Tel: 0151 653 1700 Tel: 020 3100 2222 Tel: 020 3128 8193
Email: appreciategroup@mhpc.com
Notes to Editors:
Appreciate Group is one of the UK's leading gifting, pre-payment
and engagement companies, and experts at creating joyful
experiences and connecting people to the things in life they enjoy
the most.
Everything Appreciate Group does is focused on creating more joy
in the world, and it is proud to be trusted to help its customers
create moments they can treasure and remember, whether they are
giving, celebrating or rewarding.
Appreciate Group is a financial services business with a wide
portfolio of brands which provide solutions for its consumer and
business customers. Its consumer-facing brands meet a range of
prepayment and gifting needs, while its business products help
corporate customers reward and recognise their employees and
clients.
Appreciate Group is home to many of the country's most-loved
gifting, pre-payment and engagement solutions including Park
Christmas Savings, Highstreetvouchers.com and Love2shop, and we are
fast-becoming the home of digital innovation in gifting.
Whether it's saving towards the perfect family Christmas or
celebrating with gift cards and vouchers, we create and supply
products that millions of people trust when it comes to giving and
receiving with family, friends or colleagues.
Park Christmas Savings: As the UK's largest family Christmas
savings club, Park Christmas Savings has helped over 2.7 million
families budget for Christmas on a short-term or year-round
basis.
Love2shop: Love2shop offers gift cards and gift vouchers
available to spend at stores and attractions across the UK. They
are also used through our Love2shop Business Services providing
corporate partners with incentives and rewards for their employees
and clients.
Love2shop Contactless Gift Card: The UK's first fully digital
multi-retailer gift card, available to spend online or in-store
through your mobile wallet.
Appreciate Group plc's shares are traded on AIM, a market
operated by the London Stock Exchange.
The Park Prepayments Protection Trust is designed to increase
protection for customers' prepayments. The Trust has three
directors, two of whom are independent of Appreciate. Details of
the trust are set out here:
https://www.getpark.co.uk/CORPORATE/declaration.pdf
About PayPoint
For tens of thousands of businesses and their customers, we make
life and payments more convenient.
For retailers, we offer innovative and time-saving technology
that empowers them to achieve higher footfall and increased spend
so they can grow their businesses profitably. Our innovative retail
services platform, PayPoint One, is now live in over 17,800 shops
in the UK and offers everything a modern convenience store needs.
More broadly, we also provide card payments services to thousands
of growing businesses across the hospitality, auto trade, clothing
and households goods sectors. Our technology helps companies to
serve customers quickly, improve business efficiency and modernise
their operations.
For clients of all sizes, we also provide market-leading
payments technologies without the need for capital investment. Our
seamlessly integrated omnichannel solution - MultiPay - is a
one-stop shop for digital and other customer payments, via any
channel and on any device.
Together, these solutions help millions of consumers to control
their household finances, make essential payments and access
services like cash withdrawals, eMoney and parcel collections and
drop-offs. Our UK network of more than 28,000 stores is bigger than
all banks, supermarkets and Post Offices together, putting us at
the heart of communities nationwide.
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END
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