As a small business owner, you are always looking for ways to streamline processes, work smarter, and continue to grow your bottom line. Making payments easier for your customers is one of the best ways to help your business grow and thrive. Moving your storefront online and making online payments and automated billing a part of your business helps simplify making payments for your customers and handling billing and financials for you. Here are a few online payment and billing solutions that can help streamline these processes, so you can spend more time growing your business.
Automated Billing
Email invoicing with the ability for your customers to click-to-pay their bill is one of the best ways to make your billing more efficient. It enables you to automate the billing routine, including invoicing, payment collection, provisioning, approvals, and customer-event triggers. That means that it’s easier for you to invoice your clients and track payments and easier for them to pay instantly. It also provides the opportunity for your customers to set up recurring payments, where they select a payment plan and frequency from the options you provide.
So your customer no longer has to worry about remembering to make a payment and you no longer have to chase down a missed payment.
Flexible Payment Acceptance
Buy now pay later allows for customers to pay for products or services in installments while receiving them right away. The benefits for business owners include attracting new customers and being able to sell to a larger pool of customers overall, as certain groups who may not have been able to afford a purchase now have the option to spread out the cost over time.
Customer Marketing Solutions
Customer marketing solutions are marketing activities that are specifically designed to drive retention, customer loyalty & advocacy. They help grow awareness and increase participation amongst your existing client base. They are a way to sell more to your existing customers and target opportunities for growth. By marketing directly to your customers and prospects, and offering them unique opportunities to take advantage of discounts and loyalty programs online via email, you are further growing your online sales.
PayTech Trust offers customized payment solutions and programs that are simple, convenient, and safe for your customers. Our payment professions work with you to create unique customized solutions to meet the needs of our merchants and partners. Contact us for more information on how we can help you.
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