PayPoint PlcResults for the year ended 31 March 2025 Further progress towards £100m EBITDA by end of FY26 New targets established for the Group for the next three years, including share buyback programme increased and extended to at least £30 million per annum till the end of FY28 GROUP FINANCIAL HIGHLIGHTS Underlying EBITDA1 of £90.0 million (FY24: £81.3 million) increased by £8.7 million (10.7%)Underlying profit before tax2 of £68.0 million (FY24: £61.7 million) increased by £6.3 million (10.2%)Net corpor ...

Deutsche Bank and Mastercard partnered to enable merchants across Europe to offer pay-by-bank functionality to their customers.The partnership will enable merchants to offer this functionality through Deutsche Bank’s Merchant Solutions, with the account-to-account payments based on Mastercard’s open banking network, the companies said in a Tuesday (June 3) press release.“This partnership with Mastercard marks a pivotal moment in the growth of open banking,” Deutsche Bank Global Head of Merchant Solutions Ki ...

Group 1 - Mastercard has partnered with British FinTech Cardstream to enhance open banking payments in the UK, allowing Cardstream to strengthen its Payment Facilitation-as-a-Service (PFaaS) platform [1][2] - The collaboration enables acquirers, payment facilitators, and channels using Cardstream to offer merchants the option to accept open banking payments alongside traditional payment methods [2][3] - The new solution supports single immediate payments (SIP) and prepares for commercial variable recurring payments, expected to roll out across Europe by late 2025 [3][4] Group 2 - The open banking market in Europe is anticipated to experience significant growth, with the partnership occurring at a time when open banking payments remain largely untapped [4] - A report indicates that proper incentives, such as discounts and cash-back offers, could drive consumer adoption of pay by bank services [5][6] - Research shows a notable awareness gap, with 56% of consumers unfamiliar with pay by bank, but incentives can increase interest by 72% when cash-back discounts or loyalty benefits are offered [6][7]