Start 14-day free trial

Open Banking for Small Businesses: An Introduction

thumbnail_image

Let’s face it; we could all do with some extra cash. Atoa uses open banking and account-to-account (A2A) payments to help small businesses maximise profits without any extra fuss. Here’s a little more information on what we offer:

Lower transaction fees

Our bread and butter. At a starting rate of only 0.6% per transaction and lowering with increased volume, Atoa is here to ensure you get the most from your payments, regardless of their amount. Fewer fees = more profit for you.

No card machines!

This cuts our costs and yours too. We also don’t expect any commitment or contracts to be signed, meaning there are no hidden fees, service charges or sneaky hardware payments. We want you to be paid fairly, so all you need to do is download the app and securely link up your bank details; then, you’re all set up in a matter of minutes.

Stops fraud in its tracks

Open banking payments come correct with tightened security, which we’ve harnessed at Atoa. All payments made through our app are instantly verified by the customer’s unique fingertip scan or Face ID, meaning chargeback fraud becomes a thing of the past.

…and human error.

Atoa removes the need for customers to enter payee details; we all know this is tiresome and anxiety-inducing! Forget last-minute dashes to the ATM or customers checking card details twenty times over. Our app securely links your bank account and removes any room for mistakes. The customer scans the QR code or clicks an SMS payment link and…kerching!

Deposits your money even faster

Thanks to Faster Payments, open banking’s rapid payment processing times allow Atoa to release funds to your business account instantly. That little “kerching” notification lets you know money has landed safely in the bank, giving you satisfaction in seconds. 

Atoa is ideal for many businesses, including tradespeople, vape stores and more. So why not enter the future and enjoy the benefits of open banking payments with Atoa? Your business (and brain) will thank you! Download the app today and enjoy 14 days of transaction-free payments as a thank-you for choosing us.

Or, if you’d like extra help getting started with Atoa, don’t hesitate to book a demo with our team today!

Related content:

Join Atoa now and get
14 days of free transactions.

Atoa is the low-cost alternative to card machines, enabling you to take payment from your customers in-store, on the move or via SMS and WhatsApp.

Learn More

Related Posts

Atoa Business

How to Accept Credit Card Payments Without a Merchant Account

Atoa Business

How To Use Payment Links

Open Banking

Faster Payments: The Future of Banking

Open Banking

What is Open Banking? Everything You Need to Know

Atoa Business

Card Payments vs. Cardless Payments: Which is Right for You?

Atoa Business

How to Take Payments with Atoa: A Quick and Easy Guide

Atoa Business

Best Card Machine Providers for Business - Top Payment Solutions

Open Banking

A2A Payments: Everything You Need to Know

Atoa Business

Car Dealership Payments: Take the Easy Route

Atoa Business

Keep Your Jewellery Store Payments Secure

Atoa Business

Digital Payments: A Step Forward for UK Businesses

Atoa Business

How to Add Employees to Atoa

Atoa Business

Local Businesses: Strategies For Success

Atoa Business

A Cardless Payment App for Tradespeople | Atoa Business

Atoa Business

How to Take Tips on Atoa (and Earn More Money!)

Featured

The Rise of QR Code Payments

Atoa Business

What Is Retail? Get To Know The Basics

Atoa Business

Card Machines: Hidden Costs and How to Avoid Them

Atoa Business

Vape Store Payments: We're Here to Help

Open Banking

Digital vs Mobile Wallets: Which is Right for You?

Atoa Business

How to use QR Code Payments on Atoa Business

Featured

Data Privacy in Open Banking: How to Stay Secure

Atoa Business

Pay with Phone: No Cash, No Cards, No Problem!

Atoa Business

Understanding UK Payment Regulations

Open Banking

A2A Payment Security: Tips for Hassle-Free Protection

Atoa Business

Open Banking vs Card Payments: Who Wins?

Atoa Business

Give Hair and Beauty Payments a Glow-Up

Atoa Business

QR Codes for Hospitality: How They Work

Open Banking

NFC vs QR Code Payments: Tech Tête-à-Tête

Open Banking

Green Banking: Sustainability in the UK Financial Sector

Atoa Business

Small Business Payment Processing Costs in the UK: How to Reduce Them

Entrepreneurship

How Mobile Banking Apps Can Transform Money Management

Atoa Business

How Real-Time Payments are Reshaping UK Businesses

Entrepreneurship

How Open Banking APIs Fuel UK Fintech

Open Banking

Blockchain for UK Business Payments: Is It Worth It?

Open Banking

What are UPI Payments?

Entrepreneurship

The Best Payment Solutions for Businesses in 2024

Atoa Business

Your Guide to Automated Payment Systems

Atoa Business

Contactless Payments in Restaurants: Your Handy Guide for 2024

Atoa Business

How to Register a UK Business - A Handy Guide

Atoa Business

How To Add Multiple Businesses and Locations to Atoa Business

Open Banking

QR vs Credit Card Security: Which Wins for UK Businesses?

Atoa Business

How to Scan A QR Code: A Step-by-Step Guide

Atoa Business

What is POS and How Can it Transform Businesses in 2024?

Open Banking

Biometric Payments: Secure Transactions for UK Businesses

Open Banking

How Neobanks are Disrupting Traditional Banking

Open Banking

Exploring the Role of Fintech APIs in Business

Open Banking

The Future of Shopping In-Store: What's Next in Retail

Atoa Business

Choosing a Mobile Payment App for Your UK Business

Open Banking

Exploring the Benefits of Cashless Transactions

Open Banking

How to Accept Mobile Payments Online

Atoa Business

Pay by Bank: The New Way to Pay UK Businesses

Atoa Business

Atoa + PointOne: Get Paid Instantly with Low Fees

Atoa Business

The 10 Best Restaurant POS Systems in the UK for 2024

Atoa Business

Accountancy App Integration: A Step-by-Step Guide

Featured

SMS Payments: A Beginners Guide

Atoa Business

Online Payment Methods in the UK: A Guide for Business Owners

Open Banking

The Future of Payments in the UK: Get Ready with QR Codes

Fancy a call back?