PayPoint retailers can expect a boost in footfall thanks to the O2 Wallet service, according to PayPoint MD Seamus Smith. 

Customers will be able to use their O2 Wallet at PayPoint retailers to spend money and also load cash onto the mobile waller service, which is available to users of all networks – not just O2. 

O2 Wallet offers a physical and a virtual O2 Money Account Card. Both are based on a Visa prepaid account with the physical card using contactless technology.

Seamus Smith, MD at PayPoint UK and Ireland, says the a pre-paid card is ideal for customers who want greater control over their finances by only putting on the card what they want to spend. “They will be making regular visits to PayPoint retailers to top them up,” he says.

“Those of our retailers with PayPoint supplied contactless credit/debit card pin pads will benefit even further as O2 Money Account Card is contactless, which means that users will look out for places where they can use their contactless card to make purchases. Over a third of our network is now contactless, making it one of the largest national contactless networks in the UK.”