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Prepaid: opportunity knocks for High Street retailers

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London, England — 21st March 2011

Prepaid: opportunity knocks for High Street retailers

epay Limited has urged retailers to embrace recent innovations in prepaid products and services as a massive opportunity for them to reverse the ‘decline of the high street’.   Recent research found that one in seven shops is now boarded up, and this is blamed on the rise of out of town shopping centres and the rise in e-commerce.   epay advises retailers that, to survive, they must adapt and embrace new product lines, including some that support shoppers who want to buy online. 

Paul Bartholomew-Keen, MD of epay explains, “The internet is not going to go away. Instead of merely weathering the storm, high street retailers need to sell products that complement the way consumers want to shop in the 21st century. 

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