EchoPay for Specialist & Fine Food Wholesale
How EchoPay open banking can save fine food wholesalers thousands of pounds per year
The high-value nature of fine food products results in specialist wholesalers often processing transactions in the thousands or tens of thousands of pounds.
Payments taken using business bank cards incur a charge of 1-2%, so it's easy to see how these costs add up quickly over time.
EchoPay open banking payments cost a few pence, making open banking one of the best ways wholesalers can save money and boost profits.
Testimonials
Rob Eastwood, Small Beer
"Working with EchoPay is a no brainer. We take hundreds of card payments and paying 50p per transaction is much better than 2%.
"We’d heard some great feedback about EchoPay from our peers within Unitas,. It sounded too good to be true, but as we started to weigh it up, we realised there was no option not to do it.
"The onboarding process was simple and the team at EchoPay gave us plenty of support with marketing artwork and educational materials to help us communicate the new payment method to our customers."
Chris Gallacher, United Wholesale Scotland
"As cost pressures continue to rise in the wholesale/convenience channel, it’s becoming extremely difficult to continue to offer great margins that our retailers need.
"We have been looking at ways to reduce our controllable costs and EchoPay has been one of the biggest successes.
"It really is a frictionless method to pay with payments at UWS now over £250,000 a year we can use this saving to keep our prices down for our retailers.”