Virtual payments are no longer an option so much as they are a requirement. With the rise of services like Google Pay, having the capability to process different types of virtual payments is vital to long-term success.
As the name implies, text to pay involves using SMS text messages to process payments. Invoices can be sent to customers through an SMS message, which increases the likelihood significantly that the customer will respond to the invoice/text promptly. If they have their payment information stored on the phone, it’s just a matter of tapping a few buttons to send payment.
Digital terminals are built into your existing payment networks and are capable of accepting a range of forms of payment including debit, credit, and more. The additional advantage is greater flexibility in accepting payments over the internet, in person, or via phone. A physical card is not necessary in these scenarios. Designed for electronic invoicing and continual billing, virtual payment card processing terminals allow you to quickly and easily accept digital payments.
Commonly referred to as tap to pay, this payment type is perhaps the most familiar. All major providers like American Express, Mastercard, and Visa. After users set up their card on their mobile device, they can simply tap to make a purchase.
One Payment provides businesses is an all-in-one payment processing provider offering small businesses a mobile merchant account capable of handling mobile credit card processing. In addition to improving cost efficiency and ease of use, the One Payment integrations solutions from One Payment will ensure that the company retains a strong competitive advantage in an increasingly competitive market. For more information on our credit card processing services, please call 855-609-7050.