Payment Link

Payment Link Reminders

Do you know, Out of the total B2B sales made in India, 40% happen on credit? This is the flow of business in India for a long time. The real pain is follow-ups after payments are immense. Almost every business has to deal with this ordeal every day. There are two faces of a product, one is you crack a deal with the customer and the other is collection of the payment from him/her. It is very often that the customer hangs up the call leaving an incomplete payment request. Payment links can solve this problem. Instant links to collect quick payments. Within a year of use of the payment, links have increased with more than 1 crore links being created. 

The problem is not completely solved with the introduction of payment links as the customers do not respond to the messages or emails through which the payment links are shared. Payment links do ease the collection of payment but it is still a task to convince the customer to click on the link to make a payment. 

To overcome the problem, reminders on payment links are introduced. Payment Links are now available with automated reminders which helps in increasing the number of paid invoices and links, reducing the cost involved after the manual effort behind collecting payment & reduce the number of days taken by the customer to make payment.

 

The reminders can be sent depending on the date of sending the payment link. If you have set an expiry for the payment link then the reminder can be set before the expiry so that a payment reminder with the payment link will be sent to the customer before the link expires.

The payment reminder will be sent based on an analysis of your payment history, let’s say, in the past, you have made a frequent payments during the day, and Payment Links will be sent in the daytime. The reminder will be sent by SMS/Email. 

Payment reminders prove to be more effective as it has increased the conversion rate, it also helps in identifying whether the customer has received the payment link which they haven’t paid yet. For example, the customer has shown interest in purchasing the product and reaches the payment page but doesn’t make the payment and exits.

Many merchants are switching to online payment for the ease and automation of payment collection. Get a payment gateway for your business at the lowest market rate with Digital Payment Guru. We provide payment gateway integration services of the best payment gateways like PayU, PayPal, Instamojo, Atom, and Paytm.

Benefits of Digital Payment Guru:

Payment Gateway Integration: 

Provide payment gateway integration into your existing system thus avoiding the hassle of integrating the payment gateway on your own or hiring a developer.

Best rates: 

The transaction rates of payment gateway range from 2.5-4% per transaction but we provide payment gateway at the best transaction rates compared to market rates.

Website audit:

If you have an existing website and want the payment gateway integrated into it, we provide a full website audit with a payment gateway integration service.

You can also build a new website. To know more about the website building service click here.

Consultation: 

If you are confused about which payment gateway to choose from, we provide consultation by analyzing your business needs and suggesting the best payment gateway for your business with the payment gateway integration service.

 

 

Payment Gateway For Events

 

Do you have an upcoming event? A platform for booking tickets online is something you are going to need. These days, event companies prefer selling their tickets online, while selling tickets online it is not just important to have a trusted payment gateway but also a payment gateway solution is important. 

Finding a payment gateway solution is a tricky part but we make it simple for you.

How to Choose a Payment Gateway for Events?

You need event management software and an online payment solution to sell your event tickets online. Before choosing a payment, gateway there are some things that you should consider,

  1. Have a website for your event so that the payment gateway can be integrated into your website.
  2. The payment gateway you choose should be trustworthy, it doesn’t matter if it is popular.

Merchant Account: A merchant account is where your payment goes, before being transferred into your bank account. Some payment gateways require you to have your merchant account. 

Transaction Fees:

Check for the per transaction cost of the payment gateway. The transaction cost mostly ranges between 2.5%-4% per transaction. 

Safety and Security:

Make sure your payment gateway is PCI-DSS compliant and provides a secure encrypted environment for transactions. Look for fraud detection and prevention mechanism, the payment gateway mostly has it as a built-in feature.

Processing Time:

You would want to collect the payment for tickets about a week before the event, Check the transaction time your payment gateway takes, usually it is 3 days.

International Transaction Support:

Choose the payment gateway that supports international transactions, if you have an event in India, there will be people traveling from other countries for the event. Having international transaction support will gain you international customers.

Payment Method:

Look for a payment gateway that provides multiple payment options. All customers will not choose to pay with a debit/credit card others might want to pay using UPI. Having a single payment method might lose you a customer.

Transfer Limit:

Every payment gateway has different transaction limits and transaction fees as well. Your customers making the payment are the ones who will be paying the transaction fees and not the receiver. The more affordable payment method will increase your chances of getting paid.

How Digital Payment Guru can help with the Event?

Digital Payment Guru provides top payment gateways at the best market rates. We provide payment gateway integration services of the best payment gateways like PayU, PayPal, Instamojo, Atom, and Paytm.

Benefits of Digital Payment Guru:

  • Payment Gateway Integration: Provide payment gateway integration into your existing system thus avoiding the hassle of integrating the payment gateway on your own or hiring a developer.
  • Best rates: The transaction rates of payment gateway range from 2.5-4% per transaction but we provide payment gateway at the best transaction rates compared to market rates.
  • Website audit: If you have an existing website and want the payment gateway integrated into it, we provide a full website audit with a payment gateway integration service.
  • Consultation: If you are confused about which payment gateway to choose from, we provide consultation by analyzing your business needs and suggesting the best payment gateway for your business with the payment gateway integration service.

Still, wondering which payment gateway to choose for your event?

Contact Us to receive full consultation in choosing the right payment gateway.

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Payment Gateway for Freelancers

The freelancer business is growing in India, many youngsters are freelancing either part-time or fulltime. In this business there is no fix income scale, thus collecting payment on time from the client is important. A payment gateway will make it easier to collect payments online.

How to choose the best Payment Gateway for Freelancing?

Freelancers in India have the main aim in their mind and that is to get paid on time. A survey conducted by PayPal states that out of every 500 freelancers at least 1 freelancer doesn’t get paid on time.

Some freelancers have also highlighted that they have received payment 2-4 days after invoicing. Expert freelancers have taken measures to tackle this problem by providing offers on early payments and charging fine for late payment.

Following are some problems that are faced by freelancers:

  • Negotiating project prices
  • Payment Collection and payment modes
  • Invoicing

Here’s what you should consider before choosing a payment gateway for Freelancing:

  1. Transaction Fees: Check the per transaction charges for all the payment gateways, compare & analyze and make sure it doesn’t have long term implications.
  2. Security: To know how secure your payment gateway is, read the reviews online on quora or reviewing sites.
  3. Transaction Speed: Check for the total transaction time a payment gateway takes to process the payment. Ideally, it is for 3 days.
  4. International Transaction: If you choosing a payment gateway for freelancing, make sure the payment gateway supports international transactions as you can increase the scope of your business by later on expanding it globally.
  5. Payment Modes: Payment Gateway provides multiple payment options using which your client can send you payment with the desired payment method, thus providing convenient payment.
  6. Transfer Limit: Your client is the one who pays the payment processing fees and not you. So, check the payment gateway with affordable charges as the client will look for the payment mode with fewer charges.

How Digital Payment Guru can help Freelancers?

Digital Payment Guru provides payment gateway integration service of the top payment gateways like PayPal, PayU, Instamojo, Atom and Paytm. If you are confused which payment gateway to choose from, Digital Payment Guru helps you choose the best payment gateway by analyzing your business requirement.

By switching to Digital Payment Guru, you unload your task of choosing the best payment gateway to us.

How we can help?

Following are some of the features that can help you collect online payment:

  • Payment links: The most simple way to accept payments online is by creating a payment link. There is no rocket science in creating a payment link. You just have to click on create payment link in your payment gateway dashboard and set the amount for payment link, now you can share this payment link on multiple platforms like social media, mail, and messages and more.

Related Post: Everything you need to know about payment links.

  • Request bulk payments: Using the payment gateway dashboard you can send multiple payment requests to your client in one click and your client will receive a payment link by clicking on which they can make payment with multiple payment modes.
  • Faster Payout: As mentioned earlier, online payment requires a certain time to reflect on your bank account. Using Instant payouts you will receive payment from a client on time as well as the amount will be reflected in your bank account the same day.
  • Invoice Generator: Get the invoice for all the payments you receive from your clients. This can help you track and manage your payments in the future.

Payment Gateway for freelancers facilitated a clear communication between you and your client, Digital Payment Guru just acts as Payment Gateway provider who integrates a payment gateway into your system (website) and rest is on you, you have to use the dashboard to handle your payments. A payment gateway automates your payment collection process so that you can focus more on your business.

 

online payment

Accept Online Payment without Website.

Digital India initiative aims to bring digital empowerment to India. This transition can make India a knowledgeable economy. With the Digital India initiative, Small and Medium Enterprises have seen a higher growth rate over the last decade.

India currently has 48 million SME’s, yet there are a handful of small businesses having a website for their business despite the growth in technology. No matter how small your business is, having a website is very beneficial when it comes to modern-day marketing and exposure.

The need for Website & the cost

For Small and Medium enterprises, mentioning their service or products online on their website to reach more customers is more important than a payment gateway solution.

  1. Professionalism: Having a website creates a healthy impression on people and helps you to establish your brand as a professional service. Without a website, people will not be able to recognize your products or services because they cannot be found online.
  2. Increase Customer Reach:The number of people shopping online has grown over the years. From electronic devices to food and services, people prefer buying everything online because of the convenience and ease. As the website can be accessed from anywhere and anytime, make your business available 24/7. Since more customers are available online, your business reach will increase allowing your business to grow globally.
  3. Cost-Effective: Your website remains active throughout the time which means your website is marketing your products and services when you cannot directly.

On the other hand, for micro to small businesses managing and maintaining a website can burn holes in the pocket. Also, their business plan and financial budget will be affected before they start to run the business.

Also, with a website, there is a need for payment gateway integration into your website to start accepting payments from your customers online. 

We at Digital Payment Guru understand the problem and come up with the payment gateway solution at the best rates. We aim to help micro-businesses to grow by having a website.

How Digital Payment Guru can help?

top payment gateways

We have a wide range of Payment Gateways using which you can start accepting online payments without the need of having a website. Below mentioned are some of the products provided by our payment gateway:

  1. Web Store: You can create products like the subscription model, event tickets, electronic products, and more with an integrated payment gateway eliminating the need to create and maintain your website. You can share your website link with your customers or on social media.
  2. Payment Links: Payment links are smart online payment solutions for businesses having no website. You can create a payment link easily and share the link through multiple platforms like social media, messages or emails, and more. There are two types of payment links:
  • Pay: It allows the customer to enter the amount and personal details to make the payment. The customer can make payment with multiple payment modes and the amount will be credited into their account instantly.
  • Pay: It allows you to create a payment link with a fixed amount and share it with the customer on different platforms like social media, chat, emails, and more. Customers can make payments with multiple payment modes and the amount will be credited to their account instantly.
  1. Bulk Payment Link:  This is the payment link that can be shared across the customer base wherein you have to select the customer base and the link will be shared with all the customers present in the customer base at once. It avoids the hassle of sending the payment link to individual customers. Once the link is shared the customers will be directed to the payment gateway page to complete the payment and the amount will be credited into their account instantly.

Digital Payment Guru eliminates the need of having a website and provides a cost-effective online payment solution for MSMEs intending to help them grow.

 

Payment Links Made Simple – Even Your Kids Can Do It!

The adoption of digitization in India has created a need for effortless and accessible means of digital payment to benefit businesses of all sizes in a cashless economy. Using digitization to transform business operations reduces or even eliminates processes that do not require human intervention. Also using digital payment reduces the efforts of standing in a queue to make a payment to the client.  Small businesses like home-based businesses that deal in cash and do not have any website or online store can manage payment methods with as much ease as their online counter partners. So the question arises how this can be done? The answer to this is to address all these traditional methods, the straightforward way to do this without investing in payment infrastructure is with Digital Payment Links.

What are the Payment Links?

Payment links are web links that are securely generated and by clicking on which customers can make an online payment. Payment links provide ease and flexibility of payment for sellers as well as customers. A seller can receive payment in three simple steps:

payment gateway integration

Create Link: Payment links can be created individually or uploaded in bulk via API or Dashboard. Details like amount, receipt number, and link expiry can be managed with flexible solutions.

Share Link: After creation, the payment link can be shared through SMS, Email, Facebook Messenger, Whatsapp, and more.

Get Paid: Digital Payment Guru’s payment gateway services provide the built-in checkout method with support for multiple payment methods Credit/Debit cards, Net Banking, UPI, and more, thus reducing the payment barrier and increasing business reach.

To know more about payment links reminder click here.

Benefits of Payment Links:

  • Less chance of fraud and robbery as no cash is held on premises and for every transaction customer receives a receipt and email, and all possible information on the transaction. Also, the payment goes directly into the bank account so there is a low risk of robbery.
  • Relief from cash handling fees from the bank and the trips to banks to pay it. The transaction can be done from the mobile phone thus reducing the efforts of standing in a queue and no physical activity is done in the transfer process thus eliminating handling fees.
  • More marketing opportunities by collecting customer data for future use.
  • Average spending tends to increase. As we have access to the entire amount in the account, spending increases as one can spend until the account goes nil unlike traditional cash, one can spend only the cash he/she is carrying.

Related Post: Key Benefits Of Payment Gateway Integration for Business

Drawbacks of payment link:

  • Potential customers that would like to pay with cash may be excluded. As some people in India still feel cash payment is safe than online payment.
  • Processing fees are likely to increase if the cash is withdrawn altogether. Payment providers charge service fees so if the amount is huge the charge will be more.
  • Privacy for the customer is less. Many times credentials can be leaked while typing as someone can peek into the phone.
  • Technical Problems can cause online payment methods to go down.

       

Digital Payment Guru provides a customized dashboard for managing links, checking payment status, and getting real-time data insights to manage the business better. Payment links are very well suitable for all businesses whether online or offline. Payment link effortlessly links into business ecosystems and supports the host of used cases like:

Small Business: For small and traditional businesses which do not have a website or an application payment link is the best way to start accepting payment links online.

Related Post: Technology Trends Impacting Small Business Payments

Alternate Payment use case: Payment links can be used in cases such as cash on delivery or partial payment.

Chatbot integration: The implementation of chatbots is increasing for better customer experience and to provide all the technical support to the customer. Thus chatbot implementation can resolve many issues that customers are having with online payment.

Social Media Business: Running a business on WhatsApp? An easy solution to initiate payment online is by using payment links. Payment links can be shared easily on all the social media platforms like Facebook, Instagram, and many more, using which customers can make a quick payment.

When it comes to the online payment ecosystem, payment gateway integration plays a pivotal role, and choosing the wrong gateway for accepting payment from the customer can lower the entire payment process. Thus payment gateway should be picked that suits your business.

Digital Payment Guru is a team of payment gateway experts having years of experience with several banking institutions. We target to bring all MSMEs online by implementing the best digital payment gateway integration system and providing world-class experiences that are easier, quick, secure & affordable, thus generating innovative opportunities & sustainable living. We assume every business design deserves to be on the Internet to flourish.