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18 Apr 2024

Independent record stores around the country are preparing to celebrate all things vinyl for this year’s Record Store Day on Saturday April 20th. 

18 Apr 2024

BIRA, the British Independent Retailers Association, has announced its partnership with this year’s SME National Business Awards., joining the 2024 awards as a leading sponsor, backing...

18 Apr 2024

A Midlands fish and chip shop is celebrating 40 years in business and offering half-price chips to mark the milestone.

18 Apr 2024

Assaulting a shop worker is to be made a separate criminal offence in England and Wales as part of a government response to a wave of retail crime. 

18 Apr 2024

Eleven new businesses that have opened in the last year in the historic arcades of Cardiff city centre’s Morgan Quarter, made up of the Morgan and Royal arcades, have helped the arcades...

15 Apr 2024

The Rediscovery Centre, the National Centre for the Circular Economy in Ireland, today announced its partnership with Cytech, the internationally recognised training and accreditation scheme for...

3 Apr 2024

Research by the University of Stirling and the Scottish Grocers’ Federation has shed light on the impact of rising staff costs on the convenience retail sector in Scotland.

3 Apr 2024

With large national chains increasingly disappearing from the high street, Drapers magazine has been looking at how independent department stores are stepping up their offerings to...

2 Apr 2024

The Baking Industry Awards return for their 37th year and are once again ready to recognise and reward the very best people, products, and businesses in the sector. The awards showcase the...

2 Apr 2024

Walsall's cycling community has been celebrating a family-owned business which celebrates its 90th anniversary this year.
 

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Another positive change from V12 Retail Finance

Posted on in Business News , Cycles News

ACT's retail finance provider V12 has made further security enhancements to their application process maintaining their commitment to keeping you safe.

Ride it away - the ACT and V12 joint initiative - is now worth over £100m p.a. in sales to the cycles industry, V12 continue to be the most progressive and reliable finance provider for the cycles marketplace and have recently been awarded the Feefo Gold Trusted Service Award for providing superb customer service and best possible experience for all their customers. This latest security update is another example of why they are the number one cycles finance provider.

Feefo gold  

So what's this latest change?

V12 are at the forefront of change, committed to keeping their retailers safe and they have recently reviewed and updated their fraud protection services and in doing so, they have improved the customer journey.

V12 have removed the customer card validation check improving the customer application journey by making it more efficient and simple. This has been removed from online, in-store and mail order applications but the security check will remain in place for applications that have click and collect delivery options.

When did this happen?

V12 removed the debit or credit card validation checking procedure from their application process on Tuesday 12th March.

What do I need to do?

You do not need to do anything apart from advise your staff that this change is taking place so that they are aware.

You can read the full email V12 circulated here.

If you have any questions about these changes please contact the ACT on 01273 427 700 or your V12 account manager directly or the V12 sales support team on 02920 468 918.

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