Vendor solutions
Have you ever thought about accepting payment by credit card? Did you decide it was too expensive or difficult to be worthwhile? It’s time to think again.
The problem
Taking credit cards can be a major step for a smaller firm. Whether you opt for a card reader or software, you’re looking at time to set up the solution, upfront and subscription charges from your bank and the hassle of changing your systems. For the sake of occasional or one-time-only customers, or those who only make low-value purchases, it’s probably not worth the effort.
However, many larger business customers do prefer to use purchasing cards. For them, it’s cheaper, easier and faster. In fact, purchasing cards are the most efficient way for companies to process occasional, one-time-only or low-value purchases. So they often ask their suppliers if they can accept credit cards. Naturally, you want to help your customers if you can – but not if the extra cost and hassle will hurt your margins!
The solution
There is another way: Invapay.
Invapay is an online money transfer system that automates the process of issuing invoices and receiving payment. In many ways, Invapay is similar to PayPal, but tailored for the business-to-business arena. Invapay offers a cheap, quick and easy way to accept credit card payments with no upfront charges, complex setup processes or changes to your existing system. With Invapay, you can deal with customers just the way they want, without any extra cost or hassle. If that sounds too good to be true, read on.
How it works
- You register online. Registration is completely free and usually completed in minutes.
- Once you’re set up on the Invapay system, your business appears in our free online directory of registered vendors, along with details of your products or services.
- When customers want to buy from you, they simply locate you in the directory and enter the details of their order online.
- Once you accept the order, payment is then processed via Invapay. Alternatively, you can create quotations online that can be ‘PO-flipped’ into orders.
- You pay a percentage fee on each transaction. Invapay charges are comparable to the cost of accepting credit cards by traditional methods, and you only pay when you use the system. There are no monthly or annual subscription fees.
- It’s that simple! There’s no need to send a paper invoice, no admin queries and payment is usually a lot quicker.
Key benefits
- Start accepting credit cards today, with no upfront cost or extra hassle
- Pay only when you use the system – no regular charges
- Accept payment in advance, on delivery or on completion – whatever works for your business
- Get paid quicker, with fewer queries and less chasing
- Enjoy the reassurance of a written purchase order
- Submit quotations, accept orders and issue invoices through one easy-to-use online system
- Promote your business to new customers through our free online directory
- Give potential clients another reason to choose you. All other things being equal, they’ll choose the vendor who makes life easy for them – particularly for one-time-only purchases
Take the next step
To learn how Invapay can help you to help your clients, call us now on 0207 868 1667 or email enquiries@invapay.com.