EchoPay for Oil Distributors

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.