Cian O'Dowd’s Post

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Co-Founder & COO • Atoa Instant Bank Pay

The card industry continues to fail UK SMEs. Fee increases in recent years of roughly 30% have delivered minimal service improvement. Rising business costs and cash flow challenges are killing the High Street. The answer is account-to-account payments. #paywithatoa #openbanking

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Over the past 5 years, Visa and Mastercard have raised their fees by over 30%, costing UK businesses an additional £250 million per year 💸 📈 The Payment Systems Regulator reports that these fee hikes haven’t improved service quality, with little competition in the market. At Atoa, we stand with UK businesses, offering a fairer alternative 🤝 🇬🇧 Our 0.6% processing fee (or lower, based on volume) helps business owners keep more of their hard-earned money 💰 While the big players make you wait 1-3 days for payments, with Atoa, it’s just 5 seconds ⏱️⚡ Ready to experience a fairer payment provider? Click the link in the comments and we’ll get you set up in minutes! https://lnkd.in/eq9JcRf8

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