PayPoint completed the acquisition of Handepay and Merchant Rentals for £70m.

PayPoint, a British business offering a system for paying bills in United Kingdom, Ireland and Romania, completed the acquisition of Handepay and Merchant Rentals, two card payments and card terminal leasing businesses, for £70m ($91m). "Our acquisition of Handepay and Merchant Rentals will significantly increase our card payments capability and broaden our SME customer base. This important step refocuses PayPoint towards a core growth area and creates synergies through cross selling of other PayPoint services and leveraging the scale of the combined business. Handepay has delivered a resilient performance through Covid-19, through the breadth of its customer base and strong recovery of active merchants after the first lockdown, and has a proactive plan in response to the most recent national restrictions. I am equally pleased to welcome the Handepay management team into the PayPoint Group and look forward to working with them as we deliver on the exciting potential of the combined card business," Nick Wiles, PayPoint CEO.