QIWI, PickPoint reach agreement on QIWI Box postamat network

For over three years QIWI, in partnership with PickPoint, has been developing a network of compact postamats in Russia. Just like QIWI Terminals, QIWI Box postamats are operated using the agent model, with QIWI providing the technological platform and equipment and QIWI’s agents taking care of placement and maintenance of postamats. Now, QIWI Box will be completely transferred to PickPoint, with QIWI retaining platform management and terminal interaction responsibilities.

Under PickPoint, the management conditions of postamat usage, as well as commercial relations with agents, will remain the same. Order issuance and cash payments will continue to be carried out through the QIWI Terminal interface. In addition, QIWI will continue managing the technological platform. At the same time, direct management of the address program will allow PickPoint to increase the volume of online postamat orders.

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

Categories

Payments

Fraud and Fincrime

Fintech

Crypto, Web3 and CBDC

Regulations

M&A and Investments

Current themes

A2A Payments

Payment Orchestration

TradFi and DeFi Convergence

KYC, KYB and Digital Identity