Mobile phone operators provide access to this alternative method of internet usage. When you sign up to a mobile phone operatorâs services â either on a contract or pay-as-you-go basis â you can include access to a certain amount of data (measured in megabytes), allowing you to use your mobile device to connect to the internet within that capped usage limit.
Established in 1996, PayPoint is a leading specialist payments company, processing consumer payments across a wide variety of markets through its retail networks, internet and mobile phone channels. PayPoint has been a constituent of the FTSE4Good Index since 2008.
Sometimes financial jargon is puzzling, and payee is one of those words that causes confusion. A payee is a person or organization that receives a payment. That payment can be in any form, including cash, a check, or an electronic transfer of funds. The payee receives the payment from the payer (or âpayorâ if you prefer), which is the person or organization that makes the payment. A common example of a payee is found in banking (on a check): the payee is the person or organization to whom the check is written. The payeeâs name is written on the line that says âPAY TO THE ORDER OF.â