JJ helps customers save with new payment method
JJ Foodservice has introduced a new payment method, Pay by Bank, to help customers make significant savings during the cost-of-living crisis
JJ is working with leading open banking payment provider, Ecospend, to provide Pay by Bank, which allows customers to pay for shopping quickly and securely by using open banking. This initiates a direct bank transfer with prepopulated payment details.
The method will help JJ to cut operating costs by incurring lower transaction fees compared with traditional card payments and the wholesaler has said it will pass many of these savings onto customers.
Eddie Lanham, Chief Finance Officer, JJ Foodservice, said: “In a world where prices and fees keep going up, Pay by Bank offers an easy, secure and cost-effective payment method, which will help us to keep offering great deals at a time when our customers need them the most.”
JJ has launched a Pay by Bank promotion, offering significant price drops across 66 popular products to encourage customers to switch to the new payment method.
James Hickman, Chief Commercial Officer, Ecospend, said: “As businesses look to optimise their processes at this time, we are delighted to be partnering with JJ, bringing greater efficiencies and ease of use to their payment services. Pay by Bank capabilities will enable JJ’s customers to process payments in a cost- and time-effective manner, adding to an overall positive experience for all.”Ecospend Eddie Lanham James Hickman JJ Foodservice