JJ partners with Ecospend to launch new payment method

By Gloria Methri

JJ Foodservice has partnered with Ecospend to introduce a new payment method and help customers save while shopping. The ‘Pay by Bank’ solution allows customers to make quick and secure payments through an open banking channel. It 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. It said it will pass many of these savings on to customers.

Eddie Lanham, Chief Finance Officer, of 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 period promotion is £6 off KTC cooking oil, available from £29.99 for 30 litres; £5 off Warmer for Longer Chips, available from £9.99 for 4×2.27kgs and £4 off Walkers Crisps, available from £11.99 for 32×32.5g.

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.”

Pay by Bank will compliment JJ’s existing payment methods of credit/debit card and cash.