Page 13 - MarketTimesDecember2015
P. 13

  Market Times • December 2015
Plans to move Stockport market spark uncertainty
 CONSULTATIONS are under way with traders and other stakeholders over Stockport Council’s plans to move the indoor and outdoor markets to a new location where the authority says there will be better footfall.
News of the planned move came as a shock to traders. In recent years there has been a multi- million pound investment in the market, including the re- furbishment of the Grade II listed Victorian market hall, attractive setts and cobbles outside and bright new green and white striped gazebos.
But footfall has remained a problem, mainly because the retail heart of the Cheshire town has shifted over the years, leaving the market stranded on a hill, with the bulk of the footfall in the modern shopping area below.
Stockport Council is now proposing to relocate both the indoor, the outdoor and the traders in the produce hall to an
alternative location where the authority says they can benefit from the footfall around Merseyway, Redrock and adjacent shopping areas.
It aims to create a destination attraction in the market hall, possibly featuring an “upmarket” food and drink offering.
Meanwhile no decision has been made on where the market should be relocated or when this will happen.
John O’Mara, who runs a busy cafe in the market hall, is President of Stockport branch of the NMTF and a national Executive Board member.
He said: “This has come out of the blue for traders and everyone is concerned about the uncertainty and the effect this will have on our businesses.”
Some of the outdoor traders would welcome the move as they fared well in Warren Street, not far from Merseyway, when they were moved there once before. Others are concerned that the
market should remain as an entity and they are wondering where there would be room for all the traders to relocate to.
“We are having one-to-one talks with the council, so we have the opportunity to voice our concerns, but the problem is that they are asking us what we think, which is difficult when location is so important but we have no idea where the new market will be,” John added.
John O’Mara
  News from Chip & PIN Solutions • News from Chip & PIN Solutions
 The benefits of a UK Roaming SIM Card
IF market traders are reluctant to start accepting card payments because their pitches are in remote or busy locations, did you know that, as standard, Chip & PIN Solutions installs all mobile terminals with the latest UK roaming SIM card?
What is a roaming SIM?
A roaming SIM card allows you to seamlessly connect to any of the major UK networks. When you power your mobile terminal, it will dynamically select the strongest network available in your area.
The SIM will also connect via
GSM, which offers a stronger signal in certain areas where GPRS capacity may be limited.
If you find your connection is weak, you can manually select a different network by using these simple instructions available at:
Get in touch
If you require any advice or further information about a Roaming SIM card, please contact our dedicated customer services team on 01279 712600.
 The decline of cash and the rise in contactless payments
YOU have no doubt heard about the rapid transition into a cashless society and the recent rise in contactless card payments.
With the recent release of Apple, Samsung and Android Pay, and the contactless spending limit increased from £20 to £30, this revolutionary payment method is growing in popularity.
So why should market traders accept contactless card payments? Contactless payments will become the UK standard for
completing a purchase as from January 2016, and all new deployments of card terminals will need to be contactless enabled. For small UK businesses this poses quite a challenge, as approximately 40 per cent do not even accept conventional card payment, let alone contactless technologies.
But last year contactless transactions tripled from £653 million in 2013 to £2.32 billion.
Clearly consumers want to pay
using this technology. As a market trader, where cash has always been the traditional method of payment, put yourself in your customers’ shoes and answer these questions honestly.
Is your business more than a couple of minutes walk to the closest cash machine?
Would customers make impulse purchases if they had the option to pay by card?
Does your competitor offer card payments?
Could your business benefit from faster transactions?
Can customers purchase your product in a High Street shop?
If you answered, “YES” to more than one of the questions above, it probably is the right time to start looking into contactless technologies and giving your customers the option to pay for their goods by card.
Call our dedicated NMTF phone line today to find out further details — 01279 712912.

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