In today’s highly competitive environment, businesses are constantly working under pressure to maintain a steady cash flow. Any unpaid or late payment can disrupt one’s revenue stream which may lead to serious losses. Unfortunately, most businesses are still stuck with age-old collection methods like manual invoice processing and paper billing. These practices are not only prone to human errors but are also proven to negatively impact workforce productivity as they eat up countless labor hours to implement.
Driving revenue with email invoicing
Luckily for businesses, the days of manually collecting payments are over. PesoPay, the leading online payment gateway in the Philippines, offers a feature called Payment Link which allows merchants to generate a ‘one-time’ payment link that can be sent straight to anyone’s inbox. When customers click on the link, it will take them to a PesoPay payment page where they can view the exact amount to be paid and the available payment options that the merchant has set up.
Merchants can conveniently access this feature through the PesoPay merchant admin dashboard. Once inside the tool, merchants just need to configure the amount receivable, select the usable payment methods, assign a deadline and generate the link. Merchants also gain access to various reports, enabling them to keep track of their collections with great ease.
“For many merchants, nothing is as equally important as getting paid on time. Every peso counts and that’s why businesses of all sizes are continuously seeking new ways to cut costs, increase efficiency and collect receivables faster,” said Mr. Mau San Andres, AsiaPay Philippines’ Associate Director. “With PesoPay’s payment link, both online and offline businesses can save countless hours and expenses in collecting payments from customers,” he added.
Visit www.pesopay.com or call (+63-02) 887-2288 local 27 to learn more on how PesoPay can help local businesses grow online through payments. ADVT.