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Member Pilot Program

Between February and July 2022, Retail Drinks and Payments Consulting Network coordinated a comprehensive Member Pilot Program with several small, medium and large liquor stores across several Australian states and territories. With current average annual merchant fees of $10,122, the trial of the new merchant services Pricing Comparison service resulted in identifying an average annual fee saving of 42% ($4,244) with the best alternate payment services provider, with savings ranging from 32% to as high as 52%. With the second best alternate payment services provider, the average annual fee saving was 29% ($2,933), with savings ranging from 15% to 41%. The summary results from the member pilot are displayed below:

Store Current
Annual MSF
Best Alternate
PSP ($)
Best Alternate
PSP Saving ($)
Best Alternate
PSP Saving (%)
2nd Best Alternate
PSP ($)
2nd Best Alternate
PSP Saving ($)
2nd Best Alternate
PSP Saving (%)
Member #1 $7,593 $4,499 $3,095 41% $5,504 $2,089 28%
Member #2 $8,543 $5,509 $3,034 36% $6,650 $1,893 22%
Member #3 $22,423 $13,053 $9,370 42% $15,633 $6,790 30%
Member #4 $6,303 $3,479 $2,824 45% $4,655 $1,648 26%
Member #5 $10,628 $5,142 $5,486 52% $6,228 $4,400 41%
Member #6 $5,239 $3,583 $1,656 32% $4,463 $776 15%