WHY IS IT IMPORTANT FOR YOUR BUSINESS TO TAKE PAYMENTS EFFICIENTLY AND SECURELY ONLINE?

We all know taking payments securely online is essential to your business; it builds trust, increases sales and helps to encourage repeat business. We also know, however, that within the commercial sector you have many forces competing to drive your attention elsewhere. It takes time, resource, IT knowledge and a good understanding of the payment industry and its regulations to produce a system that is secure, effective and easily integrated with your current website, finance systems and processes.

Using an online payment solution to take your payments online can have additional benefits that can have a significant impact on your company's success:

1. Simplify your payment process
An online payment system will centralise your payment processing by providing you with a transparent view of your revenue stream, highlighting areas in which you can improve your process and increase sales, helping you to take control of your finances and reduce the resources needed to process payments.

2. Minimise IT maintenance and system integration headaches
A managed online payment solution provider should be able to smoothly integrate with your current finance systems using their experience and expertise to make sure their solutions fit well within your systems and adhere to industry best practice standards. They will also manage the IT maintenance wherever needed, saving you time and money on your already stretched IT resources.

3. 24/7 Guaranteed Availability
One of the core advantages of a managed online payment system is the guarantee that your system can consistently process payments and cope with fluctuations in sales created by your sales cycle or a successful marketing campaign. This means you can confidently offer your customers the convenience to pay from any location whenever it suits them.

4. Reduce your payment processing time, cost and errors
An online payment solution will take payments in real-time and communicate with your customers without the need for additional administration resource. This automation of the payment process will help to quickly and simply highlight any errors with the input of payment and/or ask for alternative methods of payment as and when required.

5. Flexibility of offering multiple payment options to your customers
Don't exclude your customers based on the way they wish to pay. An online payment solution will accept payments from credit cards, debit cards and PayPal, with options to add recurring card payments for subscriptions or instalment plans or set up Direct Debits. This added flexibility will provide you the opportunity to win business giving your customers the choice and control they require to make a purchase.