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Payzone services at risk after fee rise, Fed warns – RetailWit

Summary by RetailWit
Independent retailers will seriously think twice about providing Payzone services in their stores following the news that the company is increasing its fees by 3.5 per cent from April, the national president of the Federation of Independent Retailers (the Fed) has warned. Letters advising of… This story continues at Payzone services at risk after fee rise, Fed warns Or just read more coverage at Talking Retail
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RetailWitRetailWit

Payzone services at risk after fee rise, Fed warns – RetailWit

Independent retailers will seriously think twice about providing Payzone services in their stores following the news that the company is increasing its fees by 3.5 per cent from April, the national president of the Federation of Independent Retailers (the Fed) has warned. Letters advising of… This story continues at Payzone services at risk after fee rise, Fed warns Or just read more coverage at Talking Retail

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Convenience StoreConvenience Store

Payzone services at risk after fee rise, the Fed warns

New warning from the Fed that retailers may abandon the payment service

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Talking RetailTalking Retail

Payzone services at risk after fee rise, Fed warns

Independent retailers will seriously think twice about providing Payzone services in their stores following the news that the company is increasing its fees by 3.5 per cent from April, the national president of the Federation of Independent Retailers (the Fed) has warned. Letters advising of… This story continues at Payzone services at risk after fee rise, Fed warns Or just read more coverage at Talking Retail

Read Full Article
Scottish Local Retailer MagazineScottish Local Retailer Magazine

The Fed’s Hemanshu Patel ditches Payzone as fees rise

Deputy Vice President of the Federation of Independent Retailers (the Fed), Hemanshu Patel, has cancelled his Payzone contract ahead of the firm increasing its fees by 3.5% from April. The trade body expects other retailers to follow suit, describing the increase as “a bitter pill for Payzone retailers to swallow”. Letters advising of hike stated that the increases to a weekly charge of £5.54 – and £8.85 for those offering card processing – are …

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Scottish Local Retailer Magazine broke the news in on Thursday, March 27, 2025.
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