Click and collect and returns network CollectPlus is to be opened up to other carriers after a change in the partnership between PayPoint and Yodel Delivery Network.
The pair have established a new joint venture company Collect+ Brand, which has licensed the use of the Collect+ brand to both Yodel and PayPoint. The company, which continues as an equal share ownership, will receive royalties from PayPoint and Yodel for each parcel they introduce. Yodel will take responsibility for the operations and contracts which will mean that PayPoint will no longer bear the impact of logistics cost increases.
The big change however is that PayPoint will for the first time now be able to use its convenience retail network to sign agreements with other parcel carriers, allowing them access to the network under license. In return PayPoint has committed to a progressive reduction in its charges over a two-year period.
Dominic Taylor, chief executive of PayPoint, said: “We are pleased to have reached agreement over the new arrangements with Yodel with respect to Collect+. Both companies remain absolutely focused on growing Collect+ as the premier parcels click and collect returns network,” he said.
“The new arrangements allow us to focus on our service offering and cost optimisation and for the first time, to open Collect+ access to other carriers. We also believe that this is good news for consumers as we develop a single network open to all, where eventually consumers can collect and return all their parcels, however carried, at the same convenience store,” said Taylor.
Image credit: CollectPlus