Home Appointments & Contracts Yorkshire SME card payments firm secures significant multi-year deal with UK construction...

Yorkshire SME card payments firm secures significant multi-year deal with UK construction giant

A Yorkshire based SME specialising in card payment solutions has secured a significant multi-year deal to provide cashless payment facilities to one of the UK’s most recognised commercial development and construction giants.

Yorkshire Payments, based in Brighouse, has agreed a contract with Marshall Holdings Limited that will see the introduction of card and telephone payment systems at the company’s Calder Valley Storage site at Luddenden Foot, Halifax.

The deal is part of a drive by the construction industry leader to eliminate cash transactions from its Halifax site, as part of a move that may eventually see it become cashless across its entire group of companies.

Karen Donnelly, financial controller at Marshall Holdings Limited, commented:

“As part of a strategic move to make transactions more secure for both the customer and ourselves, all new contracts at our Luddenden Foot site now state the company no longer accepts cash as means of payment.

“As a business, we are responding to the move towards an increasingly cashless society, while streamlining our own payment procedures at the same time and trialling a solution which may eventually see us become cashless across the entire business.”

James Howard, managing director at Yorkshire Payments, said:

“Marshalls’ move to cashless is reflective of the growing number of businesses choosing to eliminate cash altogether in a bid to streamline transactions, save time and even create safer working environments by not holding large quantities of money on the premises.”

Mr Howard continued:

“According to figures released by UK Finance in June, a total of 13.2billion debit card payments were made last year, a 14% increase on the previous year. The use of notes and coins as payment dropped by 15%, and it’s estimated that 3.4million people barely used any cash at all to pay throughout the year.”

Founded in 2013 by Mr Howard, the company provides payment solutions to leading Yorkshire-based brands including global online travel company, icelolly, baked goods supplier Lottie Shaw’s and Snickers Workwear. It processed more than £470million through its payments systems between March 2017 and March this year.