Payzone to provide payments service to Fuel Distributors Association
Fuel Distributors Association of Ireland partners with Payzone in pledge to provide more convenient payment options for its home oil customers
5 January 2015
Payzone, Ireland’s largest consumer payments network, has signed a new agreement with the Fuel Distributors Association of Ireland (FDAI) that will allow member oil companies to offer their customers the ability to make payments in over 2,500 retail Payzone agent stores throughout the country. Members of FDAI will provide customers with an account card which they can use to make payments towards their home oil heating costs. The move is part of the FDAI’s pledge to provide alternative and more convenient payment options for its home oil customers.
This agreement also gives FDAI member oil companies the capability to offer their customers a budgeting tool for saving toward their oil bills, an option that was not widely available previously. Filling up an oil tank can cost in the region of €750-€1,000 per fill with approximately two fills per annum, and the FDAI was looking for alternative ways for their member’s customers to be able to pay for their home heating, and more specifically, a way for them to budget their payments over a number of months and build up a balance.
Payzone agents’ late openings on evenings and weekends offers more convenience for bill payers. The FDAI is confident that its members’ customers will benefit greatly from the accessibility offered by Payzone.
Discussing this latest contract, Jim Deignan, managing director at Payzone Ireland said: “We are excited to be working with the FDAI and providing our unrivalled services to its large network of members. This agreement is a great addition to our already wide and varied consumer payments network and we look forward to developing our relationship with the FDAI as well as continuing our network growth and product portfolio in the coming year.”