5 Quick and Easy Payment Options for Small Businesses
As a small business owner, it’s up to you to think about the customer experience from start to finish. The entire process needs to be smooth, seamless, fast, and simple in order to encourage customers to return and make purchases from your business again. One of the items you’ll want to factor into the customer experience is providing them with ample forms of payment options, allowing them to have control and choose the method they feel most comfortable with.
But as a small business, how do you set up these payment options? Here are five quick and easy payment options that are meant specifically for small businesses.
Mobile or Portable Card Machines
You’re probably familiar with those portable card machines you’ve seen in various businesses that are meant for debit and credit cards. There’s a good reason these card machines are so popular, as they support the most common and preferred methods of payment.
The way a card reader works is that the customer’s card is put in the machine, a request for payment is issued to their card company, and then you will wait to see if it is accepted. Once it has been, the merchant will then wait to receive their payment. Just be sure to find a company such as UTP Group (which you can find more about using the following link www.utpgroup.co.uk/card-machines), as they offer payment in hours, not the typical days that these companies can take.
UTP Group excels in fast payment, detailed transaction reporting, excellent fraud protection, and easy bank reconciliation. All of these will be important to you as a small business owner.
Apple Pay is, of course, a mobile payment and digital wallet service that is offered by Apple to its users. Keep in mind that Apple Pay web support is only available on the Safari browser. This provides people with a way to safely make payments without having a physical card.
If you’re taking payments online, then you could consider using Stripe to ask your customers to settle their invoices. Stripe charges a flat-fee and provides an easy-to-use interface, so your staff can get started quickly and with the minimum of fuss.
Google Wallet is the Android version of Apple Pay and has become quite popular in the last couple of years. The way it works is that Google Wallet users are able to sign, use this form of payment, and complete the entire transaction in just two taps. It’s all about convenience for the customer.
Plenty of Excellent Options
As you can very well see, there are plenty of excellent options for those companies looking to offer quick and easy payment options for customers. Make sure you select an option that works best for you and your customers.
With the pandemic underway it’s certainly worth exploring your options and selecting the right option. Do you research and see what benefits you the most.