Billpower introduces intelligent credit card payment services for small business

Paying by credit card is an attractive way for many customers to pay their bills. While offering convenience, many customers also have their credit cards linked or incentivised with loyalty and bonus rewards programs.  The impediment for micro and small business enterprises, however has been finding a cost-effective and reliable payment platform that allows customers payment choices. Billpower has developed a solution to maximise customer payment options by developing credit card payment services for small businesses.

As its name suggests, this solution is powerful because it makes issuing and tracking invoices easier for companies as well as for payees. Customers, especially if they don’t have a regular relationship with you, can misplace the emails relating to particular invoices.

A convenient solution for customers

With Billpower’s integrated billing and reconciliation platform, your customers can respond to each invoice sent by you and see any outstanding invoices and choose which ones they are paying each time.  Immediate credit card payment processing for your small business can now be achieved by enabling Billpower’s secure and clever solution.

When you have rendered your service, you can immediately email your customer with a copy of the invoice, including the terms you expect for payment. To make it attractive for prompt payment, you can create rules regarding the invoice. For example, you may wish to offer an incentive for prompt payment by including a percentage discount if the bill is paid within the first three days of being sent.

The consumer will receive the invoice by email and can either pay from the email message, where there will be a unique payment link or else open up the PDF attachment to read the full invoice and click the ‘pay now’ button. From there, the customer will be taken to the payment page where they can see the invoice as well as any other unpaid invoices that you have sent. They can select which invoice to pay.

By viewing all the available invoices and selecting each or all of them the customer gets an instant reminder of any outstanding invoices, without you having to send reminders. It saves the consumer time that they would have used in hunting for any earlier invoices and checking reconciliation and receipts.

Billpower gives them a one-stop portal that they can click on to see their payment and billing history. If they have lost or deleted an email they can still view all invoices via any new invoice that you send. As soon as each of the invoices is successfully paid, a receipt will be automatically issued.

They can also go into a unique payment portal via short URL linked to your company and see what outstanding invoices they may have. This intelligent and user-friendly payment system includes direct EFT, PayPal as well as credit card payment services, great for small business.

Immediate credit card payment processing for small business

In Australia, over 72% of online transactions are made by consumers who have either Visa or MasterCard. This high usage demonstrates that Australians trust their credit cards for making payments over other methods such as direct debit and even PayPal. If you are in business, it is likely that for any invoice that you send, you must be able to accept credit cards as a method of payment, otherwise, confidence in your company diminishes.

If you have an accounting software package like MYOB or Xero, you can use them to issue your Billpower invoices once the customer’s payment has been verified, Billpower’s encrypted banking technology allows for immediate credit card payment processing for small business.

The consumer will receive a receipt as soon as the payment has been taken and verified. As each of the invoicing, processing, reconciliation and receipting steps have been integrated into an automated process; you will have saved your business time and therefore money.

With most Australians transacting payments via their phone, the customer can click on the link in the text of the email, and be taken to the payment portal, without having to download the invoice pdf. The latter is always available for future download for their records and convenience.

Get started in 5 mins for credit card payment services for your small business

The best way that we can show you the ease with  which this unique and intelligent payment management system works is for you to request a demo. We can send you an invoice, that can be opened and you can see how easy it is for customers to make payments of their choice, as well as to set up an automatic direct debit system from any of their payment methods.

Billpower has been specially designed with the needs of small businesses such as bookkeepers, accountants, IT consultants, tradespeople, personal trainers, allied health professionals, tutors and many others. Stop wasting time in billing, chasing payment and reconciling accounts, let Billpower’s credit card payment services for small business do it for you.

Click here for more information.