BP Oil UK Limited has renewed its membership of the BOSS Payment Watch scheme for its company-owned retail fuel sites. BP operates more than 320 company owned sites and is one of the largest forecourt retailers in the UK.
Kevin Eastwood, executive director at BOSS, pictured, said: “BOSS Payment Watch has proved to be a highly efficient method of engaging with customers who inadvertently have no means to pay. It’s also a robust service that helps retailers to recover losses from those seeking to avoid paying for fuel that has been drawn. BOSS Payment Watch helps to protect fuel retailers’ businesses financially and it continues to successfully identify and assist police in prosecuting numerous multiple offenders. I am delighted that BP continue to see the benefits of BOSS membership.”
The BOSS Payment Watch scheme operates on almost one third of UK forecourts and is a co-ordinated system that has recovered nearly £3 million for fuel retailers who incur financial losses from ‘No Means of Payment’ incidents.
About the British Oil Security Syndicate Ltd (BOSS)
A not-for-profit independent trade body, 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), Financial Fraud Action UK (FFA UK), the Dedicated Card and Payment Crime Unit (DCPCU) and National Police Chiefs’ Council (formerly ACPO). Visit www.bossuk.co.uk.
