Commission Changes - SGF and PayPoint Move Quickly on Retailers Concerns

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.”