Offering financing? Your consumers look to jumpstart on a project, maybe at home or at the office. They look to you for the fulfilment 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.
✔ How about with AI? You can use the Interactive Voice Response (IVR) payment system to allow them to make payment over the phone without using any of your 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 consumer to make payment because they get a text from a known source, and they can reply with 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 Business owner knows the payment has been set up with a contract, and the consumer doesn’t even have to consider if they forgot to make payment yet that 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 inside to login and make payment with ACH or credit card, as set up in their profile
✔ iFrame and other plug in opportunities become available to financial industry business owners with the variety of software tools they put in place 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 concerns their staff with making sure they meet their consumers needs to get money on loan fast.
🐱🏍 Super heroes, like finance companies want to help people get some extra cash in their accounts so that these opportunities can get fulfilled. Make it as easy as possible for these opportunities to pay you back, so they met their commitment as they used the money to fulfil their goal, and your company profited as planned on the interest and such charged.
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