tomato pay is the trading name of Fractal Labs Ltd who are authorised by the FCA (Financial Conduct Authority).tomato pay is a QR-code based payments app for businesses and sole traders to receive and request payments from their customers in a fairer, ethical way.More affordable than card payment fees and less burdensome than cash, tomato pay facilitates faster settlement as payment appears almost immediately into your connected bank account.Key features:* Making payments affordable: Collect payments from your customers without paying any setup fees, and benefit from lower transaction fees. * No more card minimum at the till - any amount is possible, and no more chargebacks. Unlike cards, there are no cash minimums and no refund fees.* Up to 16x cheaper than standard payment processors.* Instant settlement: Money is instantly settled and paid straight into your connected bank account.* Zero touch: Your customers dont have to touch anything - they just scan a QR code from their mobile phone to make the payment (they dont even need the app on their phone!).