JJ Foodservice introduces open banking payment method

JJ Foodservice has introduced a new payment method, Pay by Bank, backed with special offers.

Pay by Bank allows customers to pay for shopping quickly and securely by using open banking. JJ is working with Ecospend to provide the solution, which initiates a direct bank transfer with pre-populated payment details.

The method will help JJ to cut operating costs by incurring lower transaction fees compared with traditional card payments. The wholesaler has said it will pass many of these savings on to customers.

Eddie Lanham, chief finance officer at 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 price drops on 66 popular products to encourage customers to switch to the new payment method.

Included in the limited-time promotion are £5 off Warmer for Longer Chips, from £9.99 for 4 x 2.27 kg, and £4 off Walkers Crisps, available from £11.99 for 32 x 32.5g.

Pay by Bank complements JJ’s existing payment methods of credit and debit cards and cash.

Published Date: December 1, 2022
Category: Wholesale Industry News