If you are a small business owner willing to scale your business up and set a mark in the domestic and perhaps the global market too, you must provide your consumers with an option of making online payments. Digitalization has definitely taken over how we operate in our day-to-day life. Thus, extending such an option will prove fruitful to you as well as to your customers. Let us see how.
1. Easy And Instant Payments
This is one of the best parts of taking payments online, it is really quick! You get the money almost instantly, without being involved yourself. No more going on a quest to return change to the customer or faulty card swiping machines. Your customer need not come to you at all.
2. Convenience To Your Customer
It is also a whole lot of convenience you are providing as a service. Your consumers need not spend hours in the traffic to come to your office/store, browse the options, pay and then go back to the gruesome traffic. Time and energy, both lose. They can now purchase your products or services from their bedroom, anywhere in the world. That is the beauty of online payments.
3. Draws in More Customers
A feature of buying online sure does expand your target audience and circle of potential buyers. You can now cater to more people such as people living on the other side of the town, old people who cannot commute often or even people outside the city and country. Start accepting online payments and watch how your business thrives.
4. Recurring Payments
If you are offering a service that requires a monthly, weekly or annual subscription or even a good that needs a series of payments over a period of time, having your customers pay you online will really prove beneficial to both parties. This way, they can automate the payment process effortlessly, without the need of reminders. A benefit to you as you accept payments online is that they are timely due to automation. This further helps in easily predicting your revenue figures. A typical example is a monthly Systematic Investment Plan (SIP) where an investor’s account is automatically debited on a preset date of the month.
5. An Advantage Over Competitors
Businesses are always looking for a way to stand out from all other fish in the sea whether it is by offering unique products or by providing top-notch customer service. And you telling you customers that you accept payments online does just that – gives you a competitive advantage. It adds to your reputation, credibility and even to your value.
Thus, if you are a business owner contemplating whether you want to accept payments online or not, just go for it!
1. Easy And Instant Payments
This is one of the best parts of taking payments online, it is really quick! You get the money almost instantly, without being involved yourself. No more going on a quest to return change to the customer or faulty card swiping machines. Your customer need not come to you at all.
2. Convenience To Your Customer
It is also a whole lot of convenience you are providing as a service. Your consumers need not spend hours in the traffic to come to your office/store, browse the options, pay and then go back to the gruesome traffic. Time and energy, both lose. They can now purchase your products or services from their bedroom, anywhere in the world. That is the beauty of online payments.
3. Draws in More Customers
A feature of buying online sure does expand your target audience and circle of potential buyers. You can now cater to more people such as people living on the other side of the town, old people who cannot commute often or even people outside the city and country. Start accepting online payments and watch how your business thrives.
4. Recurring Payments
If you are offering a service that requires a monthly, weekly or annual subscription or even a good that needs a series of payments over a period of time, having your customers pay you online will really prove beneficial to both parties. This way, they can automate the payment process effortlessly, without the need of reminders. A benefit to you as you accept payments online is that they are timely due to automation. This further helps in easily predicting your revenue figures. A typical example is a monthly Systematic Investment Plan (SIP) where an investor’s account is automatically debited on a preset date of the month.
5. An Advantage Over Competitors
Businesses are always looking for a way to stand out from all other fish in the sea whether it is by offering unique products or by providing top-notch customer service. And you telling you customers that you accept payments online does just that – gives you a competitive advantage. It adds to your reputation, credibility and even to your value.
Thus, if you are a business owner contemplating whether you want to accept payments online or not, just go for it!
There are numerous reasons why one should Accept Payments on the web. Maybe you sell two or three items, yet insufficient to invest the energy and cash important to arrangement an undeniable shopping basket.
ReplyDelete