Through a revenue-sharing agreement, Telrock will provide its mobile payments system textDebit to PayPoint. To use the system, consumers must pre-register a debit, credit or prepaid card to pay their bills or top up their mobile phones, the publication reported.
As cited in Finextra, Dominic Taylor, chief executive of PayPoint, commented: This partnership with Telrock will enable PayPoint to exploit the increasing popularity of mobile payments while broadening its proposition to existing and new clients and offering customers a further convenient way to pay bills and buy other services.
