Vertical Markets

BOSS Payment Watch joiner

by Mark Rowe

BOSS, the British Oil Security Syndicate, has signed up the forecourt and convenience store operator Midland Co-operative Society to its BOSS Payment Watch scheme.

Midland Co-op’s 16 sites become members of BOSS Payment Watch. That’s a debt recovery scheme that puts in place a way to recover financial losses incurred by ‘no means of payment’ incidents.

Kevin Eastwood, executive director at BOSS, said: “We’re very pleased to have the opportunity to extend the support offered by our Payment Watch scheme to Midland Co-op’s forecourt sites. The BOSS Payment Watch scheme is a proven service that helps to protect independent fuel retailers’ businesses financially. We’re also leading the way in identifying multiple offenders and supporting the police in pursuing persistent offenders.”

And Michael Spencer, general manager of retail at Midlands Co-operative, said: “We have been impressed with the effectiveness and results of the BOSS Payment Watch scheme. All our 16 fuel filling sites are part of the scheme which has proven very successful. The reporting system in place is simple and effective for us to follow up and recoup any losses which our sites have incurred.”

About the British Oil Security Syndicate (BOSS)

A not-for-profit independent trade organisation campaigning to reduce forecourt crime; 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). For further information about BOSS – visit www.bossuk.org

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