The Irish Herald reports that Irish newsagents are refusing to process tollway payments because of poor commission. The head of the Convenience Stores & Newsagents Association says his members would lose money if they agreed to the terms offered.
Mr Jennings said his members would be providing the service at a loss if they had agreed to the terms on offer.
He told the Herald the service could not be provided in less than 40 seconds per customer, meaning the cost in labour to convenience stores would be 15c.
“We were being remunerated a small fraction of that — as little as 15pc of the cost. And that’s before you talk about transaction charges and back office administration,” Mr Jennings said.
It is good to see a newsagent association taking a stong public stand on fair compensation for access to the retail network.
something should be done about our lousy commissions we get from lotto . we have a small agency in a small town so sales will never be huge . we made a considerable amout of money more then the last owner did on the previouse owner but at the end of the day you could hardly notice any more profit for the year after our fees went up becasue we are new owners . called the rep and told him what i thought about our lousy commission and the answer was thta is how it is .