Bank charges are one of the biggest avoidable charges that oil distributors face. With the average cost of heating oil at 76p per litre, a customer paying for fuel to fill a 1,200l tank will cost you more than £13 in bank charges when paying with traditional card methods.
EchoPay can help you cut this cost from pounds to pence. By using open banking, oil distributors can avoid the more expensive traditional banking rails, while offering customers a safe, secure and fast way to pay.
Oil distributors can send their customers an invoice with a QR code that takes them to a bespoke website. On average, customers can pay for their heating oil in less than 18 seconds.
Your drivers can be equipped with handheld Clover terminals that enable customers to pay for oil after they receive their delivery. This enables you to offer customers greater flexibility and choice.