EchoPay for FMCG Wholesale
Using EchoPay open banking can help wholesalers reduce their banking charges from pounds to pence
The average transaction in wholesale is £1,800, which means businesses are paying £18 on each card payment they process.
EchoPay payments cost a matter of pence, making open banking one of the best ways wholesalers can save thousands a year.
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.”