PayPoint's position working with over 46,000 retailers across the UK (and Romania) is therefore highly entrenched. Its network has more branches than all UK banks, supermarkets and Post Offices put together. 98.3% of the urban population live within one mile of a PayPoint retail partner. And the company is empowering its partners to engage with a portfolio of its services far beyond payments. This entrenched position creates a near-impenetrable barrier against any real threat of competition from the emerging cohort of tech-led companies that are focused exclusively on point-of-sale payment processing.