Your Guide to Accepting Online Payments
While running an online business, you need a dynamic payment processing service. It should be a hassle-free experience for your customers to make payments.
HubSpot contributor Hailey Friedman has published an article on
She says, “Here’s a look at some of the advantages payment processing software will bring to your business.
1. Convenience
Convenience is one of the main factors that influence conversion rate. The more steps a customer has to take to make a payment, the more likely they are to abandon their purchase and go elsewhere.
2. Speed
Payment processors can transfer most payments between shoppers and sellers instantly. On the other hand, transfers to and from bank accounts can sometimes take 24 hours or more.
3. Trust
Many payment processors are brands that are globally recognized. If a customer already uses payment software, they’re more likely to trust your payment system.
4. Security
Payment processing companies add an extra layer of protection to online transactions. You can set limits, flags for activity on your account, and sometimes even a time frame to recall payments.”
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