Barney's C-stores Ban Credit Cards
TOLEDO, Ohio -- The BP pumps at Barney's Convenience Marts across the area are temporarily not accepting credit cards due to a financial dispute, according to a report by the Toledo Blade.
Although signs taped to the pumps at the chain's BP convenience stores state there are "computer problems," a Barney's executive told the newspaper the situation is the result of a financial dispute.
"I quit taking them," Roy Clark, chief operating officer of J-F Enterprises Inc. in Perrysburg, told the Blade.
Clark said he took the action because BP, which processes the chain's credit card payments, stopped reimbursing him for the transactions.
He said he stopped accepting credit cards about a week ago, and that he is owed $1 million. "It sucked up my cash flow," he told the paper.
Clark also noted he hoped to resolve the situation and begin accepting card payments as early as Friday, according to the report.
The Toledo metro area is home to 38 BP stations, most operated by Barney's, the report stated.
Scott Dean, a spokesman for BP in Chicago, declined to discuss the reasons behind the local situation with the newspaper.
"We don't own or operate the sites," Dean said, adding, "I'd like to apologize to customers that metro Toledo sites have not been accepting credit cards. We're working to get the situation resolved as quickly as possible."
Other sources, however, told the paper that while J-F Enterprises is owed money, other factors may be at work. One person familiar with the issue told the paper the problem appears to be the result of a dispute between Barney's fuel distributor and parent company, and its lender.
Attempts by the Blade to reach Barney's distributor, Armada Oil & Gas Co., were unsuccessful.
Related News:
Credit Card Interchange War Marches On
ampm Ranks 21st on List of Top 100 Global Franchises
Although signs taped to the pumps at the chain's BP convenience stores state there are "computer problems," a Barney's executive told the newspaper the situation is the result of a financial dispute.
"I quit taking them," Roy Clark, chief operating officer of J-F Enterprises Inc. in Perrysburg, told the Blade.
Clark said he took the action because BP, which processes the chain's credit card payments, stopped reimbursing him for the transactions.
He said he stopped accepting credit cards about a week ago, and that he is owed $1 million. "It sucked up my cash flow," he told the paper.
Clark also noted he hoped to resolve the situation and begin accepting card payments as early as Friday, according to the report.
The Toledo metro area is home to 38 BP stations, most operated by Barney's, the report stated.
Scott Dean, a spokesman for BP in Chicago, declined to discuss the reasons behind the local situation with the newspaper.
"We don't own or operate the sites," Dean said, adding, "I'd like to apologize to customers that metro Toledo sites have not been accepting credit cards. We're working to get the situation resolved as quickly as possible."
Other sources, however, told the paper that while J-F Enterprises is owed money, other factors may be at work. One person familiar with the issue told the paper the problem appears to be the result of a dispute between Barney's fuel distributor and parent company, and its lender.
Attempts by the Blade to reach Barney's distributor, Armada Oil & Gas Co., were unsuccessful.
Related News:
Credit Card Interchange War Marches On
ampm Ranks 21st on List of Top 100 Global Franchises