Often aggregators have recurring tools
Posted: Sun Feb 02, 2025 6:21 am
It is possible to program automatic payments (recurring payments). First, you need to register on the company's website, then specify the amount and make a schedule for writing off money. After the first transaction is carried out through the aggregator (with the card linked to your account), the system will continue to work automatically.
If a customer uses a bank card when making an online payment on the website, the system remembers its data. That is, the payment procedure is simplified even more, and the person will not have to re-enter the information.
That is, automatic saving of customer data. Subsequent purchases will take less time.
There is a so-called holding, that is, a kind of leads for commercial real estate freezing of funds until the moment of payment for a specific purchase. The system will not allow you to spend money on something else until the moment of payment for a specific order comes.
Generated invoices are sent to the customer's email. This is very convenient for individual entrepreneurs and companies that do not have their own web site. They receive the invoice by mail and pay it.
There is a SMS notification function, which can also be used to issue invoices. Many companies working in the service sector, as well as online trading platforms, prefer this method of cooperation.
The ability to integrate WS between services is good because it simplifies the procedure for closing payments, but there are some pitfalls. There is a high probability of hacking, and then customer data may end up in the hands of fraudsters. If your data protection system is reliable enough, then such a danger does not threaten you.
Often, for various reasons, a customer may want to get a refund for a purchase (they were not satisfied with the quality of the product or service, the size did not fit, etc.). There is also a special function for this, and online trading platforms or, for example, shipping companies use it when necessary.
Payment aggregators provide the opportunity to defer online payment on the website (i.e. purchase a product or service on credit). The company itself forms a list of clients who can use this. Usually, the resources of partners with whom you cooperate are involved here. This is a great way to promote your product for companies whose services are not cheap.
Many aggregators provide, along with other tools, scoring, i.e. a mechanism for collecting and analyzing information about the solvency of your potential clients. For example, this is absolutely necessary when it comes to providing loans. The company needs guarantees that its money will be returned without problems.
Among the disadvantages of using payment aggregators, high tariffs are often mentioned, and when paying online on the site, the commission is charged both from the buyer and the seller (at the time of withdrawal of funds). But it is worth noting that if you have not transferred anything for a month, then you will not have to pay, that is, there is no constant expense. And even if at first the tariff seems high, then with an increase in turnover, using it becomes more profitable.
If a customer uses a bank card when making an online payment on the website, the system remembers its data. That is, the payment procedure is simplified even more, and the person will not have to re-enter the information.
That is, automatic saving of customer data. Subsequent purchases will take less time.
There is a so-called holding, that is, a kind of leads for commercial real estate freezing of funds until the moment of payment for a specific purchase. The system will not allow you to spend money on something else until the moment of payment for a specific order comes.
Generated invoices are sent to the customer's email. This is very convenient for individual entrepreneurs and companies that do not have their own web site. They receive the invoice by mail and pay it.
There is a SMS notification function, which can also be used to issue invoices. Many companies working in the service sector, as well as online trading platforms, prefer this method of cooperation.
The ability to integrate WS between services is good because it simplifies the procedure for closing payments, but there are some pitfalls. There is a high probability of hacking, and then customer data may end up in the hands of fraudsters. If your data protection system is reliable enough, then such a danger does not threaten you.
Often, for various reasons, a customer may want to get a refund for a purchase (they were not satisfied with the quality of the product or service, the size did not fit, etc.). There is also a special function for this, and online trading platforms or, for example, shipping companies use it when necessary.
Payment aggregators provide the opportunity to defer online payment on the website (i.e. purchase a product or service on credit). The company itself forms a list of clients who can use this. Usually, the resources of partners with whom you cooperate are involved here. This is a great way to promote your product for companies whose services are not cheap.
Many aggregators provide, along with other tools, scoring, i.e. a mechanism for collecting and analyzing information about the solvency of your potential clients. For example, this is absolutely necessary when it comes to providing loans. The company needs guarantees that its money will be returned without problems.
Among the disadvantages of using payment aggregators, high tariffs are often mentioned, and when paying online on the site, the commission is charged both from the buyer and the seller (at the time of withdrawal of funds). But it is worth noting that if you have not transferred anything for a month, then you will not have to pay, that is, there is no constant expense. And even if at first the tariff seems high, then with an increase in turnover, using it becomes more profitable.