Atoa is completely safe and is actually safer than cards. Unlike cards which can be lost or stolen, Atoa’s transactions are processed by the consumer's bank app; the customer needs to enter their biometric security before accepting the transaction. This ensures Atoa meets the highest standards of security and compliance. We also do not offer chargebacks, so the business is protected.
Atoa bypasses processing payments via the Visa and Mastercard networks and instead uses the UK Government's Faster Payments network. Faster Payments is the network used to pay most people's payroll each month. It's safe, secure, and monitored by the UK Financial Conduct Authority. Every payment is processed by UK Banks and Atoa has no access to funds at any time.
The Faster Payments network allows Atoa to remove unnecessary middlemen from the payment flow and pass on cost and time savings to the end business owner. You can't get paid fairer than this.