24-06-2025
- Business
- Irish Independent
Blacklist of bad payers discussed by marts
Concerns were raised at a new Mart Forum over the levels of credit being given to some customers, while marts were encouraged to transition to using Electronic Funds Transfers and discontinue cheques
A database of bad payers at marts was mooted at a recent meeting of mart managers and their regulator amid concerns over the levels of credit being given to some customers at marts.
The suggestion was made at a new Mart Forum, which was established by the Property Services Regulatory Authority (PSRA) following the completion of compliance audits on marts, in which concerns were raised around 'mart culture'.