PayBill, the enhanced electronic invoicing solution from PayGate, allows even the smallest of companies to take payments online — without needing e-commerce capability on their websites.
“Every small business owner knows that getting paid promptly is the key to healthy cash flow – so anything you can do to make payment easier for your customers is good for business,” says PayGate’s head of business development Brendon Williamson.
However, adds Williamson, “many small businesses don’t have the resources to develop e-commerce websites that will allow them to take payments online directly. Instead they send email invoices and wait for EFT payments, or take credit card details over the phone or even via email . This makes things more complicated for customers, and many are wary of giving card details over the phone for security reasons — so the whole process slows down.”
With PayBill, “merchants can create an invoice directly in PayGate’s Merchant Back Office, then send it to their clients, complete with their own branding and a handy ‘pay now’ link to a secure payment page,” says Williamson. “Customers simply click, choose their payment method and pay. We handle the secure payment and fraud screening, the merchant gets a deposit into their bank account and both parties get quick confirmation of payment.”
Williamson says PayBill users get access to a wide range of payment options, “including credit cards, debit cards, instant EFT via SiD, Ukash for voucher payments and PaySum1 for offshore bank payments. The more options your clients have, the more likely they are to pay promptly.”
“You don’t even need your own merchant account with an acquiring bank,” adds Williamson. “PayBill works with our new PCS platform to make accepting credit card payments easy for even the smallest of businesses. It’s a very efficient, cost-effective way to reduce billing time and improve cash flow.”
“PayBill is especially popular in the travel and tourism industry,” says Williamson. “Many small tour operators and accommodation establishments are still asking their customers for emailed or over-the-phone credit card details and putting them through a POS device or desktop terminal, which puts them at risk of accepting possible fraudulent payments. Now they can email an invoice and get secure payment while on the phone with the customer.”
PayGate is a payment service provider that offers online retailers simple, effective services to accept electronic payments, which can be a very complex part of running a business. It offers merchants connections to multiple acquirers and fully manages the technical connections and relationships with the banks, card, and payment networks. It also offers risk management services with payment notifications, settlement reports and fraud protection. PayGate is linked to more than 70 banks in over 30 countries and has been providing secure, reliable online payment services since 1999. Its immediately accessible services help businesses of all sizes stay on top of the continuously evolving world of online payments. For more information visit www.paygate.co.za