Collect+ and Wish agree new Partnership
Welwyn Garden City, 21 July 2022: Collect+, part of the PayPoint Group, and Wish, one of the largest e-commerce marketplaces in the world, have signed a partnership that will allow consumers to click and collect parcels from Collect+ retailers.
With millions of buyers and hundreds of thousands of merchants using the Wish marketplace, this partnership provides even further convenience for online shoppers, who can now rely on parcels being delivered to a nearby safe and secure location whenever they are out of home. In tandem, it provides more opportunity for independent retailers to take advantage of increased footfall and opportunities to earn via their own partnership with Collect+.
The service will initially be rolled out to select stores across the UK and comes at a time when the e-commerce sector has been booming, following a sustained shift in online consumer purchasing habits over the last two years.
Nick Williams, Head of Strategic Partners and Product at PayPoint said: “This is an exciting opportunity for our retailers to partner with one of the world’s leading e-commerce platforms and further position themselves as indispensable service providers to their local communities.
“In the midst of surrounding economic uncertainty and cost-driven pressures facing retailers, from inflation to energy rates, I am extremely proud that we are able to continue adding value to their partnership with us by driving additional footfall and opportunities to earn additional revenue for their businesses.”
Michael Gnaedinger, Europe Director of Logistics at Wish said: “We are committed to continuously improving the logistics and shipping experience at Wish. This is why we are thrilled to enter into this strategic partnership with PayPoint as it more than doubles the number of available pickup locations for our customers in the UK.”
PayPoint-owned Collect+ is an innovative in-store parcel service driven by market leading technology. Its network of more than 10,000 trusted stores offers choice and convenience to people across the UK. Made up of thousands of newsagents, convenience stores, supermarkets and forecourts, wherever you are there’s a good chance that a Collect+ partner offering excellent service is nearby. Collect+ is proud to work with some of the leading parcel couriers and retailers including Yodel, Amazon, DHL, DPD, eBay, FedEx, HubBox, Parcel2GO and Randox. Find out more at collectplus.co.uk
About PayPoint Group
For tens of thousands of businesses and millions of consumers, we deliver innovative technology and services that make life a little easier.
The PayPoint Group serves a diverse range of organisations, from SME and convenience retailer partners, to local authorities, multinational service providers and e-commerce brands. Our products are split across three core business divisions:
- In Shopping, we enhance retailer propositions and customer experiences through EPoS services via PayPoint One, card payment technology, ATMs and home delivery technology partnerships in over 60,000 SME and retailer partner locations across multiple sectors. Our retail network of over 28,000 convenience stores is larger than all the banks, supermarkets and Post Offices put together
- In E-commerce, we deliver best-in-class customer journeys through Collect+, a tech-based delivery solution that allows parcels to be sent, picked up and dropped off at thousands of local stores
- In Payments and Banking, we help companies and their customers make and receive payments quickly and conveniently. This includes our digital payments platform, MultiPay, an eMoney offering that enables cash through to digital transactions and cash solutions providing vital consumer access across our extensive retail network
Together, these solutions enable The PayPoint Group to create long-term value for all stakeholders, including customers, communities and the world we live in.
Wish brings an affordable and entertaining shopping experience to millions of consumers around the world. Since our founding in San Francisco in 2010, we have become one of the largest global ecommerce platforms, connecting millions of value-conscious consumers to hundreds of thousands of merchants globally. Wish combines technology and data science capabilities and an innovative discovery-based mobile shopping experience to create a highly-visual, entertaining, and personalized shopping experience for its users. For more information about the company or to download the Wish mobile app, visit www.wish.com or follow @Wish on Facebook, Instagram and TikTok or @WishShopping on Twitter and YouTube.
This news release contains forward-looking statements within the meaning of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact could be deemed forward-looking, including, but not limited to, statements regarding Wish's outlook, priorities, strategic direction, shipping and logistics programs, new partnerships and their ability to enhance the customer experience, partnership expectations and related outcomes, business operations, new merchant programs and relationships, and growth initiatives. In some cases, forward-looking statements can be identified by terms such as “anticipates,” “believes,” “could,” “estimates,” “expects,” “foresees,” “forecasts,” “guidance,” “intends” “goals,” “may,” “might,” “outlook,” “plans,” “potential,” “predicts,” “projects,” “seeks,” “should,” “targets,” “will,” “would” or similar expressions and the negatives of those terms. These forward-looking statements are subject to risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. Further information on these and additional risks that could affect Wish’s results is included in its filings with the Securities and Exchange Commission (“SEC”), including its most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, and future reports that Wish may file with the SEC from time to time, which could cause actual results to vary from expectations. Any forward-looking statement made by Wish in this news release speaks only as of the day on which Wish makes it. Wish assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.
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