Australian Newsagency Blog

A blog on issues affecting Australia's newsagents, media and small business generally.

Entries Tagged as 'Financial services'

Vodafone commission cut to 1% in UK

November 5th, 2012 · 2 Comments

Vodafone has cut the commission made by newsagents in the UK selling mobile recharge to just 1%. If this happened in Australia, newsagents would make thirty cents on a $30.00 recharge voucher sale. I’d have to consider seriously whether to continue offering the product. The current margin structure is dangerously slim. I know we can […]

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Tags: Financial services · Newsagency management

ePay outage affecting newsagents

January 27th, 2010 · 2 Comments

ePay is experiencing an unexpected outage and will be down until around 2pm later today.  This is affecting newsagents selling mobile phone top ups and other product pulled from ePay. It is amazing how reliant we have become on technology for what we sell.  I am sitting in the Tower Systems office at the moment […]

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Tags: Financial services

Cheaper than BOPO

October 24th, 2008 · 4 Comments

We have road tested the Visa prepaid products we are selling to check out ease of use and operating costs. We bought a couple for use within our business. From a consumer perspective, the Canvas Visa Prepaid card with BOPO, it is cheaper to use for purchases and cheaper to load than the now defunct […]

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Tags: Bill Express · Financial services

Gift cards and magazines

October 22nd, 2008 · 1 Comment

This is smart – gift cards displayed in front of magazines. While we usually display card products at the counter in newsagencies in Australia, it is the magazine display which gets more eyeball attention – think of how long some people spend browsing. I took this photo at a 7-eleven in Hong Kong. With space […]

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Tags: Financial services · Gifts · magazines

Pitching the BOPO replacement

October 13th, 2008 · 2 Comments

While we have been offering prepaid Visa debit cards for some time, we have only recently installed the counter display unit. This has boosted sales. Customers can see the four products available and understand each. These are sold and recharged directly through our software. They are a great replacement for the BOPO product from the […]

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Tags: Financial services

New Visa Prepaid offer for newsagents

June 27th, 2008 · 1 Comment

SCX Global, newsXpress and Tower Systems are thrilled to launch four Visa Prepaid card products through our eziPass platform. CANVAS, VCARD, Just4 and Secure Cash Xpress provide newsagents with competitive products for several demographics. Commission on each card sale is between 30% and 40%. Commission on reload is five times the commission for BOPO. The […]

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Tags: Financial services · newsagency marketing