Vertical Markets

Payment Watch deal

by Mark Rowe

MRH Retail, the UK independent forecourt retail group, has agreed a three year membership deal with BOSS, the British Oil Security Syndicate, to maintain its use of BOSS’ Payment Watch debt recovery scheme.

MRH Retail joined BOSS in 2013 and the extended partnership will see more than 360 MRH Retail sites across England, Scotland and Wales maintaining their membership of Payment Watch until 2017.

Andrew Jackson, general manager at MRH Retail, said: “Since we joined BOSS Payment Watch we’ve found that when it’s operated correctly we’ve seen a substantial increase in customers returning to pay after they’ve reported having no means of payment. And where drivers fail to return and pay the BOSS debt collection procedure has proved very effective in recovering debts.

“During the last 12 months BOSS Payment Watch has been shown to save our retailers money so we’ve taken the decision to provide BOSS membership as part of our core retailer support service. Where incidents do occur, by using the BOSS electronic reporting system, retailers are able to submit information quickly and easily about drivers who have failed to settle their debt.”

Kevin Eastwood, pictured, executive director of BOSS, added: “We’re delighted MRH Retail is extending its commitment to BOSS. For the number one independent fuel retail group in the UK to sign up to our Payment Watch scheme is a great endorsement of the benefits it offers retailers.”

About the British Oil Security Syndicate Ltd. (BOSS)

A not-for-profit independent trade organisation, formed in 1991 by the oil industry, membership is available to fuel retailers and oil companies. BOSS is supported by the United Kingdom Petroleum Industry Association (UKPIA), UK Payments Administration, Serious Organised Crime Agency (SOCA) and the Association of Chief Police Officers (ACPO). Visit www.bossuk.org.

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