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Mi-Pay Group Plc

Cash or card? Big Issue vendors in Nottingham to offer contactless payment

Big Issue readers in Nottingham could soon buy the street magazine using contactless technology as part of a trial.

Nottingham has been chosen alongside London, Bath, Birmingham and Bristol to allow its vendors to take payments from cards.

The eventual aim is to roll the initiative out nationally with Big Issue saying it’s an effort to ‘improve financial inclusion’.

 

Founded in 2003, Mi-Pay Group plc (LON:MPAY) delivers fully outsourced online and related payment and fraud management solutions to digital ecommerce clients, primarily in the mobile and digital content sector. Its product offering provides the infrastructure to enable pre-paid mobile devices to be topped up via a variety of channels such as websites, mobile applications and social media applications and customers include Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MNVOs), additionally managing and indemnifying the data security and payment fraud risks. Mi-Pay sells, integrates and operates its products and solutions on a global basis. 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.