No, sorry, we do not take card payments with Atoa, instead, we take our payments through the UK's 'Faster Payments' Bank Transfer system. Faster Payments is a UK Government-run system that is mainly used for paying salaries and large payments. By leveraging the Bank Transfer network and avoiding Visa and Mastercard we can pass on significant cost and time savings to our merchants.
The process is simple: a customer will scan a QR code specific to the business or open a payment link, they will then select their bank account and confirm the payment in their mobile banking app. The best part is, that the money comes into the business account instantly, so no waiting around for 2-3 days like card payments.
Lastly, Faster Payments is completely secure, every payment is processed end-to-end by UK Banks, Atoa has no access to merchant funds, and everything is monitored by the UK Financial Conduct Authority.