Are you still using checks and money order to collect payment from your customers?Then you are missing out on a huge amount of business. The world has moved on online and now even payments are being collected over the internet. It is a prerequisite in many industries like e-Commerce where customers will not buy from you unless they can find Online Payment system.
39% customers prefer to use online payment methods like PayPal. The total amount of digital transactions is expected to reach $3.9 trillion by the start of next year!
You are seriously losing some serious money if you don’t implement online payment system on your website. No matter what product or service you sell, not having an online payment system is suicidal!
Benefits of Online Payment
Easy, Instant and Assured Payments
The big thing about online payments is that you don’t need to wait for the money to arrive. The customer makes payment and the amount gets transferred to your bank account or online services like PayPal. You can also eliminate risks of bounced checks and related charges.
The customers also just need to enter a few information and can be done with their payment.
The presence of an online payment system increases the credibility of your business. It is a more secure way of collecting payments than traditional checks.
Websites with online payments are also considered reliable by the customers. You get more business as people are ready to trust well-known names like PayPal.
Credit Card Payments
42% of online shoppers prefer to pay using their credit cards.
Customers can also pay online using their credit or debit cards if you have an online payment system. Apart from increased business, it also protects your customers and their financial information.
The banks issuing the cards will always protect a customer from frauds and secure their money in case of an issue.
Having an online payment system increases your reputation. Many customers won’t even buy from merchants that don’t have online payment process.
So you can stay ahead of the competition and attract customers with online payment method for your business.
Now let’s reveal you another secret!
How to get the Best out of your Online Payment System & SuiteCRM PayPal Integration
If you don’t already know, companies are extensively using Customer Relationship Management (CRM) solutions to improve customer relationships and increase profitability.
Any CRM platform like SuiteCRM can be easily integrated with online payment systems. The SuiteCRM PayPal Integration then can be used to automatically collect payments from specific customers, send auto-reminders on due dates, generate invoices automatically, collect credit card payments and more!
You will be able to track the payment details of each and every customer thereby never missing a payment.
So don’t stay behind by opting for traditional payment methods. Use a tool like Free SuiteCRM PayPal Integration and make room for more business and increased collection. You can even influence buyers to buy from you as they can easily make an online payment in a few seconds without any hassle.