It’s 2016. We are increasingly seeing the switch to processing payments online day after day. Not only does accepting payments online save you money, but your customers actually want to pay online. When customers find something they are interested in buying, they want to be able to conveniently purchase that item online with just a few clicks of a button. Customers will no longer have to deal with callbacks for overdue payments and can eliminate those late fees. Customers will also be happy to know they do not need to worry about making late payments again in the future, which also benefits the business owner by increasing on-time collections. Aside from saving money, online billing can help save time by only having to collect customer payment information one time. And if you choose to also accept recurring payments, it will allow you to improve the usual checkout experience and increase customer retention, which ultimately builds customer loyalty.
Each year, businesses spend millions if not billions of dollars on supplies just to send out paper statements to their customers. You can eliminate practically all of your costs associated to billing just by making the switch to online payments. With all the money you can be saving each year, why not use those savings towards some new products or even your customers? The entire communication process is controlled automatically, allowing you to spend more time on running your business. When businesses decide to make the switch to online payments, business owners can effortlessly set up recurring billing and auto-pay feaatures within minutes. This helps business owners safe and securely invoicing customers as well as manage those invoices and transactions.
Did you know that customers are 100% more likely to spend more money when they have the option to pay with credit cards, so why not take advantage of this opportunity? Online payments are extremely quick and easy for both you and the customer. Whether you want to take one-time payments or if you want to offer recurring billing options so that the customer is automatically billed on a certain date, accepting online payments is a must in today’s word. Stay ahead of your competition and take advantage of this great online solution now!