Merchant Services Savings in Ireland’s Saltmarine Retail Business

Since their launch in the early 1980’s the Salt Family’s intense focus on customer value and care, continuous innovation and rigorous cost management has established Saltmarine as one of Ireland’s leading automotive businesses – both publicly and family held.

Innovation across all business operations has earned them Ford, Honda and Hyundai franchises. In addition, an extensive used car operation. Also, their state of the art after-sales service has won them a peerless reputation for customer care and value for money.

Merchant services benchmarking and re-negotiation deliver customer value

Notification of an impending increase in the ever-growing value and volume of card payments – and their associated processing costs – prompted the engagement of the local arm of industry experts Bankbrokers. The resulting benchmarking of their in-house data within the competitive landscape and re-negotiation with their existing provider, delivered welcome savings for Saltmarine and retained business for their partner.

Securing fair market terms

Donal Maneely, Company Accountant, comments

As with all supplier costs, notification of an increase in our card processing charges made us look at our current arrangements. Bankbrokers’ expertise in securing fair market terms for these and their ‘no saving, no fee’ proposition made their engagement straightforward.

Donal continues:

The review and analysis of our requirements were comprehensive and compelling. In addition, their re-negotiation with our existing provider was professional and only strengthened our relationship with them.

The process was transparent and undemanding. Also. I was in full control of the process. A 20% annual savings at no cost or risk are very welcome.

Finally, I hope other Irish Businesses – automotive and other – may take up the opportunity.

Working together on the results from exclusive benchmarking data.

Friendly experts deliver results

Contact us for further testimonials and how Bankbrokers can assist with banking and merchant services. Our team of friendly experts can help your business and secure the support you need.

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Neil Fillbrook
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