31 March, Welwyn Garden City: PayPoint has today announced a £750k investment in Optus Homes, a leading app for tenants to manage their home rental account. The deal will see the PayPoint Group make an investment in the company, building on the recently-signed commercial partnership positioning PayPoint as the preferred payment provider within the app.
The investment strengthens PayPoint’s MultiPay proposition for the housing sector, as the Optus Homes’ native app payment solution, allowing tenants to pay their rent and manage arrears payments directly in the app, on the phone, or over the counter in 28,000 local retailers across the UK, a network bigger than all banks, supermarkets and Post Offices put together.
The housing sector is experiencing a tide of change in how banking and payments are undertaken, with the focus on helping social tenants in difficulty to better manage their needs and their rental payments. For many social housing tenants, their mobile phone is the only internet-connected device they have, The Optus Homes App enables simple and convenient access to their housing association and secure ways for them to take control of paying their rent.
I have read and agree to the Privacy Statement
I have read and agree to the Terms and Conditions