epay partners with Promotional Payments Solutions (PPS) to provide real-time validation of paper coupons in the UK and Ireland (FOTO)

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epay today announced a new service that eliminates the issues
retailers face when validating and reconciling the billions worth of
national paper coupons that are processed annually across the UK and
Ireland.

Through a partnership with Promotional Payments Solutions (PPS),
epay's retailers now have access to a "Real-Time Paper" and "Digital
Coupon Redemption Service".

The new epay-PPS system validates, redeems, and settles coupons
with a scan of its barcode in real time. Retailers no longer need to
save, count, and post the national coupons because the system does it
for them digitally and directly while providing fully reconciled
management information.

The system also solves other problems caused by paper coupons such
as fraud because of poor basket verification and negative cash flow
due to long settlement times.

Both companies have combined their innovative technologies to make
the partnered system work for retailers. PPS maintains a full
database of national paper coupons in circulation in the UK and
Ireland market and has been delivering this service to thousands of
grocery retailers for three years through its PromoPay platform.
Using its cloud-based payment platform, epay easily integrates with
point of sale terminals and existing systems at retailers through
established API's and standard protocols. epay currently has 30,000+
connections throughout the UK and Ireland with national retailers,
convenience retailers, independent shops, and EPOS providers for
products from mobile top-up to gift cards.

As an integrated solution, the epay-PPS system empowers retailers
from small independent stores to large national chains to accept
coupons without the concern of fraud or lengthy settlements while
keeping coupon-using customers happy.

The epay-PPS solution is available now to retailers in the UK and
Ireland. An EPOS or connected cash register is required to process
national coupons, as the system will validate products alongside
coupons to ensure the elimination of fraud and therefore no manual
check is required by the retailer.

Existing epay retailers should contact their account
representatives for information about adding the new digital coupon
service at their sites. New retailers interested in adding epay
services or brands interested in using epay to distribute their
virtual content should visit the company website at
https://www.uk.epayworldwide.com or email SST@uk.epayworldwide.com.

About PPS

Promotional Payments Solutions (PPS) is a marketing technology
company specialising in digital customer promotional offers and
payments solutions. PPS delivers these solutions through its
omnichannel SaaS cloud-based technology platform, PromoPay®, which
includes the first and only service in the UK and Ireland to validate
and redeem all national manufacturer and publisher coupons in real
time at point of sale, down to a specific product in a customer's
basket.

PromoPay National Coupon Validation is an independent and unique
service that has been operational in the UK and Ireland since 2016
and has revolutionised the way coupons are processed. For the first
time ever, coupons are now fully validated in real time on PromoPay,
no longer relying on manual paper validation checks being carried out
by retailers. This automates and speeds up validation and eliminates
opportunities for mis-redemption and fraud, as well as removing the
need for coupons to be returned to the issuers' handling agents for
payment.

This results in fast reimbursement to retailers and rich real-time
data for coupon issuers, thus transforming the promotional medium of
couponing from a blunt marketing instrument to one that is
sophisticated and offers fully measurable ROI.

About epay

epay is a world-leading full-service provider for payment
processing and prepaid solutions and processed 1.15 billion
transactions in 2018. The company has developed a comprehensive
network of retailers consisting of 707,000 point of sale terminals in
47 countries to connect well-known brands with consumers around the
world. It boasts a portfolio of gift cards (prepaid, closed loop and
digital media), corporate incentives and payment solutions (card
acceptance, terminals, e-commerce, mobile and internet of payment)
for omnichannel commerce, and offers its services thanks to its
proprietary cash register integration software.

epay is a division of Euronet Worldwide, Inc. (NASDAQ: EEFT), a
Kansas-based company which earned $2.5 billion in revenue in 2018,
employing a staff of 7,100 employees and serving customers in 165
countries.

epay in UK: https://www.uk.epayworldwide.com/

Contact:
Please contact epay: SST@uk.epayworldwide.com

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