PayUp intends to sign agreements with banks, in order to supply financial services, including credit and debt cards, gift cards, micro credits or money transfers. As part of the project, the stores will have POS installed for citizens to be able to pay their bills to the utility companies, telephony operators and other service companies.According to the procedure, the client comes with the bill and the partner store and the code for the payment operation is to be introduced in POS, releasing a receipt.Contracts with energy and natural gas distributors are to become operational as of September 2008.PayUp currently holds operations in Poland, Serbia, Spain and Portugal.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now