Are you a financing company? Your consumers look up to you to jumpstart a project, maybe at home or at the office. They look up to you for the fulfillment of a dream they desire as a consumer or a business owner.
✔ How about online? Use a hosted payment portal where they send their clients to their website and you have a page set up for them to make payment by check or credit card.
✔ Have you considered AI? You can use the Interactive Voice Response (IVR) payment system to allow your customers to make payments over the phone without the need for additional agents.
✔ With reduced scope using a payment gateway, you can also tap into accounting software applications like Quickbooks, where your consumer can make payments through your current system, but the transactions all flow into one virtual terminal.
✔ SMS Invoicing has become very popular for consumers to make payments because they get a text from a known source, and they can reply with the payment choice they set up previously on their account.
✔Recurring payments became a go-to for numerous industries over the years because it is easy. The lender knows the payment has been set up with a contract, and the consumer doesn’t even have to remember making the payments month on month.
✔ Email Invoicing stands as another product that financial industries use often to get paid. A payments provider can set up a schedule where the consumers will receive a notification with a link to log in and make payment with ACH or credit card.
✔ iFrame and other plug-in opportunities are now available for financial industry business owners. They can use a variety of software tools to manage their clients and get paid within the website similar to the hosted payment portal. A payment gateway can integrate seamlessly with this technology so that the finance company can spend its time ensuring it meets the consumers’ loan needs quickly.
Superheroes, like finance companies, want to help people get some extra cash in their accounts so that these people can fulfill their dreams. Make it easy for your customers to pay you back so that they can meet their commitments, and your company can profit as planned on the interest.
Download our Catalog to see a variety of options to get those financial loans, whether personal loans or business loans, paid back with innovative technology.
Post originally on LinkedIn by Nikki Estes