Benefits of Pay by Link that you can’t ignore

 

Ecommerce is a £693bn contributor to the UK economy with a forecasted growth rate of nearly 35% in 2023.

 

So accepting online payments and having a presence when customers are shopping online is essential. One of the growing contributors to the ecommerce market in the UK, is selling direct to customers via email or social media platforms like Facebook or Instagram when they’re browsing for items or viewing highly targeted ads.

 

Around a third of shoppers in the UK are now buying direct from social media, and businesses need an easy, secure way of accepting payments.

 

The best way is to accept Pay by Link.

 

This works by sending a secure link to a customer (which you can send direct on social media through their DMs, or via an email) which they can click to access a secure page to complete the purchase.


There are several benefits to using Pay by Link to accept payments for your business, here’s just a few.

Person holding their bank card and typing in the number using their laptop

So accepting online payments and having a presence when customers are shopping online is essential.

 

One of the growing contributors to the ecommerce market in the UK, is selling direct to customers via email or social media platforms like Facebook or Instagram when they’re browsing for items or viewing highly targeted ads.

 

Around a third of shoppers in the UK are now buying direct from social media, and businesses need an easy, secure way of accepting payments.

 

The best way is to accept Pay by Link.

 

This works by sending a secure link to a customer (which you can send direct on social media through their DMs, or via an email) which they can click to access a secure page to complete the purchase.


There are several benefits to using Pay by Link to accept payments for your business, here’s just a few.

1. Get access to more customers

 

The first benefit is the most obvious one. Consumer shopping habits have changed (and are still changing) as shopping continues to go more digital and consumers are met with more personalised ads for products.

 

With a third of customers now buying direct from social media that’s a huge pool of customers you could be missing out on.

 

2. It’s easy for customers

 

All customers are looking for convenience, especially when it comes to paying for something. A convoluted or difficult payment process can be enough to put customers off buying from you and could result in an abandoned cart.

 

If you show them an item on social media and then they have to go to your website to pick the size, order and pay, you’re just adding steps to the process and increasing the chances of something going wrong and losing the customer.

 

With Pay by Link the customer can choose the item directly on social media and then all they have to do is click on the secure link to be taken to a dedicated page to pay - it’s that simple.

Person using card on card machine as contactless payment

Woman smiling using her phone and holding her credit/debit card

3. It can be cheaper than having an ecommerce website

 

While it’s important to have an online presence for your store, a full scale ecommerce website can be expensive.

 

It’s much cheaper to sell on social media or even through email marketing and a Pay by Link gives you a simple, easy way to set up payments.

 

4. They’re easy to use for business owners

 

As well as being easy for customers to use, Pay by Link is also easy for business owners so you won’t need any technical know how to use this type of payment.

 

All you have to do is enter the payment details and create a link in an online portal linked to your account and the link is generated automatically to send to the customer.

 

Once the customer has paid you’ll be notified of the completed transaction.

 

5. Pay by Link is secure

 

You can be reassured as a business owner (and you can reassure customers) that Pay by Link is a secure payment option and has the same built in security as if the customer was paying through a website.

 

All Pay by Link options are PCI DSS compliant and SSL certified with all the required encryption protection built in to ensure any payment details are kept private.

Improve your payment options with secure Pay by Link

 

When it comes to accepting payments, the more options you give your customers the more avenues you have to bring in revenue and generate a profit.

 

Social media and direct email selling are a highly effective means of selling because you’re usually dealing with an engaged audience who are actively following you, or have agreed to receive email communications.

 

Pay by Link provides a fast, secure method of accepting payments directly through social media or email that can increase revenue and profits, as well as increase your reputation for great service.

 

At Handepay our merchant services enable you to quickly and easily set up a Pay by Link option so you can start to accept secure payments from customers through social media, email or even chat and messaging options like WhatsApp.

 

Want to know more about how Pay by Link can improve your business?

 

Get in touch

Financial disclaimer:

Terminal hire contracts are provided by Merchant Rentals Limited, who is authorised and regulated in the UK by the Financial Conduct Authority (FCA) for Consumer Hire under FRN 720500. Terminal hire can be for consumer hire and non-regulated hire contracts. Please check your contract carefully for details. Regulation of all consumer hire fall under the control of the FCA.

Handepay Ltd is authorised and regulated by the FCA for Consumer Credit under FRN 673564. Handepay is a credit broker for consumer hire not a lender.

Handepay acts as an introducer of card acquiring services on behalf of EVO Payments UK, the card acquiring service provider. EVO Payments UK is the trading name of EVO Payments UK Ltd, a payment institution that is authorised and regulated by the Financial Conduct Authority (FRN number 959332).

Existing Cards Businesses- The one-month rolling terminal hire contract from Merchant Rentals is only available to businesses that are switching from their current acquirer to EVO Payments UK arranged through Handepay.

New to Cards Businesses- The 12-month terminal hire contract from Merchant Rentals is only available to businesses that are new to card payments and wish to receive acquiring services from EVO Payments UK, arranged through Handepay.

The Next Day Banking Settlement service provided by EVO Payments UK incurs an additional fee of £4 a month on top of your acquiring service charges and fees. Provided your card machine performs a reconciliation before 12am (midnight), you’ll receive settlement of funds the next banking day.

Editorial disclaimer:

The information we provide does not constitute financial advice and might not apply to your business. Always carry out research into your business’ needs when choosing a new merchant services provider.

Sometimes, we link to other third-party websites to provide you with additional information. At the time of publication, we consider the information accurate, however, we do not have control over their content and are not responsible if any information on these websites change.

The products we display on our website are for illustrative purposes only - if your business requires additional facilities, you may receive a different model than advertised.

All of the information contained on this website, including fees, services and functionality, are correct at time of publishing. E&OE.

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