The Risks of Not Accepting Electronic Payments
Several macro-economic trends indicate that organizations now, more than ever, should be utilizing electronic payments. The following are three primary trends we’ve seen which signal it’s time for organizations to adopt a digital payments solution:
Choosing not to offer digital payments to your customers presents two main risks that can impact the success and longevity of your business.
As John Shamanis, CFO of Carrier Enterprise put it, “If we’re not simplifying our transactions — and the transaction experience for our customers — then we’re failing.” By enabling your customers to pay you the way they want to, you are improving the experience you deliver to them while saving your team time and money. It really is a no brainer!
If you’d like to learn more about how your business can improve its payments experience, please contact us directly and we’ll be happy to answer any questions you have.
For helpful resources on working from home in the age of COVID-19, check out our new Resources page!
Katie Canton has been helping companies develop and implement successful social media, content marketing, and marketing communications strategies for more than 10 years. Since joining VersaPay in 2018, she writes on topics such accounts receivables automation, Customer-Centric AR, collections management, and fintech.
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