Recurring payments benefit consumers!
Consumers enjoy the convenience of auto pay that automatically deducts a pre-arranged payment for your business services. They don’t have to worry about payments, so they’re free to focus on the experiences and value your business offers. Other recurring payments benefits for customers include:
- Customers often purchase more when payments can be made on said purchase
- Automated receipts sent to text or email
- Ability to easily update payment method and subscriptions levels
- Flexible payment amounts and terms meeting each customer's needs
Recurring billing payments benefit businesses too!
Recurring payments offer many benefits to business owners as well, resulting in more sales and more revenue!
- Customers can buy now and space payments over a period of time to help prompt sales
- Customers may decide to purchase or purchase MORE when Recurring Billing is offered
- Fewer late payments and more predictable cash flow
- Enhanced customer loyalty by making payments simple, easy and worry-free
- Eliminated costs associated with manual billing, mailing, and postage
Contact a Merchant Processing Solutions payment expert to learn how a recurring payment gateway can power customer payments, help keep your customers happier and accelerate your revenue while reducing costs.
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