PayPoint has announced a decline in bill transactions and mobile top-ups in the three months until the end of 2015, although retail service transactions grew by 14.3%.
The company posted a 1.8% increase in net revenues to £35.0m for the third quarter, while overall transactions were 225.4 million, up 3.9% year on year.
In the UK and Ireland, retail service transactions (ATMs, debit/credit cards, parcels, money transfer and SIM card sales) were up, but bill and general transactions were down 8.1% on last year.
Mobile top-ups continued to decrease as the prepaid mobile sector declined, but other top-ups increased.
UK and Irish retail sites were up by 113 to 29,044 at the end of the year.
Collect+ volumes increased by 5% to over 6.0 million transactions in the period, with a record Christmas week of 638,000 transactions.
PayPoint chief executive Dominic Taylor said progress had been partially slowed by the unseasonable warm weather towards the end of last year that impacted on energy consumption.
“We have continued to make progress across the businesses in the third quarter. Retail services have grown strongly, our new terminal is in pilot in the UK and we have made good progress in developing our core epos software,” he said.
“Since the end of the quarter, we have also concluded the sale of our Online Payments business, further strengthening our balance sheet.”
Progress had also been offset by “a delay in the sale of our Mobile Payments business,” he added.