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Monday June 11 2018

Forecourt cards giant Suresite makes move into retail with Costcutter deal

Lancashire card services and risk management company Suresite has concluded an agreement with the Costcutter Supermarkets Group

Forecourt cards giant Suresite makes move into retail with Costcutter deal

Suresite, the Lancashire-based card services and risk management company, has concluded an agreement with the Costcutter Supermarkets Group (CSG) to offer its independent retailers across Britain access to its processing services and technical expertise.

The deal is part of CSG’s business services offer, which has continued to grow since its launch in summer 2017, designed to provide independent store retailers with improved terms to help their bottom line. It underlines the competitiveness of Suresite within the convenience sector for its non-integrated standalone terminal solution.

The Preston-based company has operated in the card services industry since 2005, but this is its first move into general retail. Suresite has until now served as a specialist - and the largest - provider to forecourts. Last year, it processed over £2 billion card transactions.

David Wright, card services manager, Suresite, said: “We have spent over a decade building payment card expertise in forecourts, becoming the biggest and most respected provider to that sector.

"We have made the decision to now market our service wider to the general retailer and the Costcutter opportunity represents a fantastic launch pad.

"It is a prominent brand to be associated with and we will be able to offer Costcutter, Mace and Supershop store retailers exceptional rates that will help them to strengthen earnings.”

Mike Hollis, retail director at Costcutter Supermarkets Group, said: "Suresite offered us the promise of great value payment card processing, combined with first class customer service and technical support. This supports our ambition to constantly improve the support we are offering our independent retailers.”

Suresite was launched in Lancashire by company chairman Geoff Oldham in 1994. In the fuel industry it has longstanding contracts with Certas, Greenergy, JET, Harvest Energy.

"Suresite offered us the promise of great value payment card processing, combined with first class customer service and technical support"
Mike Hollis, retail director, Costcutter

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