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Consumers to Pay Bills via Text Message Following Telrock Deal

Telrock Communications has entered into an exclusive agreement with PayPoint, the UK's leading cash and internet payments company, that will enable consumers to pay bills and top up their mobile phones via text message.

Telrock will provide its mobile payments system textDebit to PayPoint under a revenue-sharing agreement. Technology provided by Telrock enables end users to make secure payments to clients of PayPoint using SMS text messaging. Consumers will pre-register a debit, credit or pre-paid card which can then be used to pay a variety of bills such as energy, telecommunications or water, or top up a prepaid mobile phone.

The partnership will create a new payment channel for PayPoint, complementing its existing over-the-counter cash payments network and internet payments division. It will also offer Telrock an opportunity to work closely with the market leader in handling cash and pre-payments for utility providers and mobile phone operators.

Telrock's mobile payment and customer account servicing platform is already being used by British Gas, Scottish and Southern Energy and Royal Bank of Scotland Group.



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