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NetDespatch Powered CollectPlus Reaches 10 Million Parcel Milestone


News provided by

NetDespatch

04 Dec, 2012, 11:09 GMT

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MARLOW, England, December 4, 2012 /PRNewswire/ --

CollectPlus, the modern alternative to the Post Office and powered by the innovative NetDespatch internet platform, has announced that it has delivered its 10 millionth parcel since its foundation in 2009.

In their half year figures, CollectPlus reported actual revenue growth of 170 percent, to GBP 3.7million, with parcel transactions more than doubling to 3.3 million. The impressive announcement follows strong interim results from its co-parent company, PayPoint, and comes as the business increases its operating run rate to seven million parcels per year.

NetDespatch connects retailers, mail order companies and manufacturers to their postal and parcel carriers using advanced web-based software and services. For CollectPlus, NetDespatch integrates PayPoint terminals in local convenience stores with carrier tracking systems for managing in-store parcel returns and collections.

Mark Lewis, CEO of CollectPlus, says: "CollectPlus' growth continues at a strong rate as more shoppers and retailers take advantage of the convenience and flexibility of our business and products. It is clear we have created a series of products that reflect the needs of the UK consumer today."

Reaching the 10 millionth parcel is a major milestone for CollectPlus, which recently added Amazon to the list of retailers to offer Click&Collect+ delivery to store services. Now exceeding 5,000 outlets, an increase of over 10 percent in the past year, CollectPlus provides customers with a network that is almost half of the size of the Post Office's estate.

"Working with NetDespatch has allowed CollectPlus to expand rapidly with no technological barriers and we are very proud to see them reach this milestone. Using our advanced web-based systems and services, CollectPlus has broken new ground in parcel collection, delivery and returns services and we expect them to continue to do so for years to come," says NetDespatch CEO, Becky Clark.

CONTACTS: http://www.netdespatch.com

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