BOSS (British Oil Security Syndicate) says its Payment Watch initiative has helped forecourt retailers to recover more than £8m from no means of payment (NMoP) incidents. Its findings came as part of the latest BOSS Forecourt Crime Index survey for the first quarter (Q1) of 2018.
The Index for Q1 2018 revealed that incidents of crime on Britain’s retail forecourts rose to 131 (Q1 2017: 117). BOSS estimates that the annual average initial loss per site, before any Payment Watch recovery, stayed above £1,000, reaching £1,074, up from £1,046 in 2017.
Analysis of the Index, which is based on NMoP incident reports that are made to BOSS, found that 84% of motorists return to sites to settle their debt with a forecourt retailer.