As the payments landscape continues to evolve and mature, particularly with the rise of embedded services and diverse payment methods, we see a significant opportunity for growth and innovation.
This blog explores the various payment methods available today, providing insights into how they can enhance your service offerings and streamline transactions, ensuring seamless and secure customer experiences.
Stay connected with your customers by offering fast, secure, and simple payment options that meet them where they are. Our solution not only simplifies the payment process but also empowers you with real-time insights into invoice status. This valuable information allows you to plan and predict your business with confidence, ensuring you stay ahead in a rapidly evolving market.
Our goal is to empower businesses by simplifying payment processes and enhancing consumer connections. With Live Invoice, companies can replace static PDFs, send service-specific invoices, and integrate seamlessly, even without their own apps. We ensure consumer security through rigorous data validation and robust security checks, with optional additional authentication for enhanced protection.
While the billing business differs from traditional eCommerce checkouts in several ways, we observe common consumer behaviors and expectations when handling payments digitally, regardless of the context. For bill payments, both consumers and businesses expect to make and receive payments effortlessly, universally, and in real-time.
Live Invoice with direct payment option
Use case: Pay now
Funds are transferred directly from the consumer's account to the biller's account via our offered Payment options.
When end consumers choose to pay directly, billers benefit from improved cash flow, reduced administrative costs, and lower risk of unmanageable debt. Additionally, this leads to enhanced customer relationships, greater operational efficiency, and more predictable revenue streams.
These benefits highlight the advantages of direct payments for billers, including financial stability, operational efficiency, and stronger customer relationships. All available and delivered through Live Invoice!
Flexible payment options for the end-customer
Use case: Pay on due date or choose your own date
Our flexible payment options allow consumers to either pay on the due date or choose a date that suits them better (Pay Later), with consumer interaction.
How It Works:
Seamless consumer experience
Throughout the process, consumers agree that the Biller can withdraw the invoiced amount on the chosen date without further interaction. Our partner and payment service provider, Trustly, ensures a smooth transaction on the selected date.
Provide consent for the Biller to withdraw the invoiced amount on the chosen date. Consent can be given in several ways, and we are happy to provide more details on each method.
Benefits:
Experience a new level of payment flexibility and convenience today!
Avoid the risk of incorrect personal and account details when offering customers a smooth and efficient payment method via Autogiro/Direct Debit/SEPA Direct Debit. Our streamlined process guides the customer through a quick and easy setup of a mandate. This mandate allows you to offer the customer three options: to pay on the due date, at their convenience, or to have the amount billed automatically deducted each month without the need for any action on their part.
Would you like more information about our services or a in-depth meeting with our billing and payments experts? Please contact us or read more about our solutions.