Atoa is a UK payment provider that helps businesses accept Pay by Bank and card payments through one simple platform.
With Pay by Bank, customers pay directly from their banking app using secure open banking technology. Instead of entering card details, they simply approve the payment in their bank app.
Businesses can also enable card payments so customers have the option to pay by debit or credit card (Visa and Mastercard) if they prefer.
Atoa supports in-store, online checkout, and remote payments, making it easy for businesses to accept payments in the way that suits them best.
Atoa is an FCA-authorised payment institution based in London and is trusted by thousands of UK businesses.
What Atoa offers to business owners
Atoa is designed to make payments simpler, faster, and more cost-effective for modern businesses.
Lower payment costs
Pay by Bank transactions typically cost less than traditional card payments, helping businesses reduce payment processing fees.
Multiple ways to accept payments
Businesses can accept payments through:
-
QR codes for in-store payments
-
Payment links sent via SMS or email
-
“Pay now” buttons on invoices sent through software like Xero, QuickBooks, or Sage
-
Online checkout for websites
-
Card payments, which you can enable alongside Pay by Bank to give customers more choice
Fast payment confirmation
Payments are confirmed instantly, so businesses know immediately when a customer has paid.
Flexible settlement options
Pay by Bank payments typically settle instantly into your business account.
For larger businesses on payout schedules, funds are usually paid out the next working day.
We now also offer end-of-day settlement for larger businesses. Learn more here.
No sensitive data sharing
Customers approve payments directly in their bank app, so their bank details and card information are never shared with the business.
Simple setup
Customers don’t need to download anything. They simply approve the payment using their existing banking app..
How Atoa works
Atoa gives businesses the option to accept both Pay by Bank and card payments.
Pay by Bank
-
Create a payment
Display a QR code, send a payment link, or generate a payment from your Atoa dashboard or terminal. -
Customer selects their bank
The customer scans the QR code or clicks the payment link and chooses their bank. -
Approve in the bank app
The customer confirms the payment securely in their banking app using face ID, fingerprint, or passcode. -
Payment confirmed
The payment is approved instantly and you receive confirmation that the payment has been completed. -
Funds are settled
Funds are transferred to your business account, typically instantly or according to your payout schedule.
Card payments
If card payments are enabled on your account, customers can also pay using debit or credit cards.
Card payments can be accepted:
-
On card terminals
-
Through payment links
-
Through online checkout
This allows customers to choose the payment method that works best for them.
Learn more
To explore all Atoa payment solutions, do visit our website.
If you’d like to see how Atoa works for your business, you can also book a free demo with the Atoa team for a full walkthrough of the platform.