PayPoint reported “significant progress” in the key third quarter and said it remains on track to deliver record profits for the year.
In its trading update for the three months ended 31 December 2025, the group recorded net revenue of £52.7m, down from £53m in the previous year.
Highlights for PayPoint included a record performance in parcels, with transaction growth of 6.7% to 38.2 million parcels.
The group successfully launched the Royal Mail shop brand in October 2025, enabling consumers to buy postage in store as well as collect, send and return parcels.
The rollout will continue through the second half of FY25 across the full 8,000-site network, including the launch of self-service kiosks during Q4 FY26.
In local banking, PayPoint’s network processed over £24m of consumer deposits for Lloyds Banking Group since the BankLocal service launched in August 2025.
Nick Wiles, chief executive of PayPoint, said: ”PayPoint continues to be an entrepreneurial, agile business and the progress delivered in our Q3 FY26 results further demonstrates these attributes alongside the resilience of our core businesses, with a strong performance from our peak seasonal trading businesses.
“We have successfully navigated the operational disruption experienced earlier in the year to deliver a record peak performance in our parcels business with positive transaction growth of 6.7%, Yodel/InPost volumes recovering and our Royal Mail partnership continuing to gather pace as we expand the Royal Mail Shop Branding and provision of postage services in our Collect+ network.”
Wiles continued: ”As the PayPoint retailer network continues to grow, we have renewed our efforts to better support our retailer partners with a range of initiatives to be rolled out in the coming months.”
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