When it comes to paying online, convenience matters more than ever. People hate wasting time on anything that might be a hassle. This is why merchants are looking for solutions that deliver effortless ease. Embedded payments are one of the best ways to make small businesses and their customers happy.
The shutdowns of 2020 had a profound impact on the way customers interacted with their favorite restaurants. While demand remained the same or increased, restaurants faced restrictions on how many customers they could seat. As a result, both parties turned to takeout and delivery — and smart restaurants turned to omnichannel point of sale (POS) systems to adjust.
Word has always gotten around about businesses. People tell their friends when they find a good deal — or, on the contrary, when products or services fall short of their expectations. However, what used to be talk over a coffee table or when waiting to pick up kids at school can now take the form of online reviews and comments on social media.
Successful payment company Sales Partners have busy days filled with a variety of activities focused on retaining customers and growing their portfolios. Days can be long and stressful — particularly if Sales Partners have to manage them without the right tools and support. Fortunately, North American Bancard Sales Partners get access to both.
In the past, business took place primarily in brick-and-mortar buildings, and merchants expected customers to visit their stores or restaurants. Now, the script has flipped, and consumers increasingly demand the convenience of businesses coming to them and checkout solutions that allow them to use their preferred payment methods anywhere.
Sustainability isn’t just a fleeting fad. Rather, it’s a society-wide shift in values that’s shining the spotlight on the environmental impact of everything people do, including whether they opt for sustainable payments. Research shows that 58% of people credit COVID-19 for awakening them to their personal environmental impact, while an even more notable 85% say they’ll do what they can to minimize any harm they do to the planet.
It probably isn’t a stretch to say there’s one thing your merchants want more than any other — to make more margin. That’s why their ears will perk up when you bring up the quick wins and bottom-line impact the switch to online invoicing can bring about.
Conventional wisdom says that if you want to make more money, you need to get more customers. But the reality is that you may be able to grow revenues more quickly by selling deeper into your current accounts.
