In response to widespread concerns from retailers about changes to commission rates, the Scottish Grocers’ Federation (SGF) and PayPoint have moved quickly to confirm they are actively working together to devise a range of discounted services for SGF members with PayPoint, including preferential banking arrangements.
The two organisations are in discussions with a number of banks.
Pete Cheema, Chief Executive of the SGF, commented:
“As Scotland’s premier retail grocery organisation, the SGF already offers its members a number of excellent deals that help to reduce their costs and add value to their businesses. PayPoint has always taken a very similar approach to providing support services to assist retailers in its network, such as its special account with Barclays, so it is a natural move to work closely together to develop further deals and discounts for retailers.”
“PayPoint is one of a range of vital services independent retailers offer to local communities. I am hoping to finalise a package of services for SGF members, both with PayPoint and one of the banks, in the very near future.”