Introducing Billpower – Reliable and Instant Direct Payment Solutions

The most important thing that all businesses need is secure and predictable cash flow. All businesses need a reliable method that ensures that they are paid on time for the products or services that they provide. Having access to direct payment solutions can make the difference between a thriving and a failing business.

In the past, businesses would need to seek a partnership with direct debit companies and to establish costly ongoing merchant facilities in order to process reliable payments, especially for subscription-based or automatic payments. Whilst direct debit was a good way for larger organisations who could afford the additional margins and red tape required to set up this sort of facility, it was largely out of reach for smaller companies.

Small business operators were left chasing customers for regular payments, and spending a huge amount of time dealing with customers who had forgotten which bills they had paid or partly paid, and reissuing invoices over and over again. There had to be a better way for small business!

Integrated & User-Friendly Direct Payment  Solutions

The frustration of chasing bills is a thing of the past with Billpower’s integrated payment collection system. Customers in today’s frantic- paced world, prefer using an online payment service as it can be done via their smartphone whenever it is convenient.

Billpower has been developed and integrated to work with a wide range of invoicing practices, including manual invoices, recurring payments as well as for taking payments where no invoice or accounting reconciliation is required.  It is perfect for traders operating in the Gig economy where simple proof of purchase and payment is necessary without investing in accounting software.

Whether you are a micro business or a small to medium size enterprise, you will find that Billpower’s direct payment solutions will knock down the time wasted in creating, sending and reconciling invoices. It is the perfect solution for business to consumer invoicing as well as a great option for invoicing business to business payments.

Signing up to Billpower to handle your accounts payable is so easy. The entire platform has been designed to save time and money for your company, and save time for your customers when they make a payment. Because it is so easy to use, you will find that you will receive payments into your bank faster, with no merchant facility necessary, and with much less fuss than traditional invoicing methods.

How does it work?

  1.  Billpower generates invoices which have embedded links to a variety of preferred payment options.
  2. The invoice is sent to the consumer via email.
  3. The consumer clicks on the ‘pay online with Credit Card or Bank Transfer’.
  4. The consumer will be shown any outstanding invoices they wish to pay as well as an option for automatic payment on the day of the billing cycle as agreed by your customer.
  5. The consumer will choose the payment collection system they prefer (credit card, Paypal or Eft/direct debit) and complete the required fields then submit.
  6. Their payment is immediately processed and they will be issued with a receipt by email.

Why is it ingenious?

The best feature about Billpower is that because it is an integrated accounting and banking solution, it cuts down a lot of accounting administration time,  as invoices and payments are processed automatically. It can also be a great way to issue invoices and receive payments for businesses in the services industry as it also includes a mobile application for processing credit cards while on a job.

Branded and customisable Direct Payment Solutions

Once you have signed up to Billpower, you can start generating invoices within a few days and your customers can easily choose which online payment services suit them best.

With our service, you can add your logo or any message you like to your invoices which helps to reinforce your branding.

By offering your customers a friendly user interface that allows for fast payments, via email, it is a way to incorporate any additional marketing messages as well as rules for payments. For example, you may wish to reward a customer for prompt payment by offering a discount if the invoice is paid within a set number of days.

The settings that you have in place in your MYOB or XERO for the invoicing is effortlessly translated into the bill that is sent, with any discounts already applied. If the consumer does not wish to take advantage of this discount, the amount due will automatically increase when the grace period has elapsed. This makes it attractive to get paid even more quickly.

Are you curious to know more? We can send you a sample demo invoice and you will be able to see for yourself how easy it can be to use Billpower’s direct payment solutions. Click here for more information.