By using the internet, businesses have the opportunity to reach more potential customers around the country or even around the world. All it takes to become a global success is a website and the right payment platform. BlueSnap can provide the perfect solution for almost any business.
Accepting More Payments
When expanding a business, it is important that companies offer ways to make transactions easy for their customers. If a customer cannot use their preferred method of payment, they may not complete the purchase. This problem is also true if the customer cannot use the local currency.
With the right payment platform, more payment options are available to customers. Customers can use more than 20 different card brands to make it more convenient to shop. Whether using credit, debit, or even local cards, customers can easily make a purchase. In addition, digital wallets, such as Apple Pay and Google Pay, can be used at checkout. There are even alternative payment options, such as SEPA and local banks, available for use.
Businesses can even set up their store to accept the currency of the shopper’s location. Whether a customer is down the street or around the world, making an online purchase has never been easier. For business owners, this convenience ensures all purchases are completed and reduces the likelihood of abandoned transactions.
Fraud Prevention and Chargeback Management
Two costly issues online companies face are fraud and chargebacks. Fortunately, the right payment platform offers solutions for these issues. Fraud prevention strategies are customized to meet the needs of each business and provide solutions for difficult problems. Strong customer authentication and multi-layer device fingerprinting can keep a business safe and secure.
Even chargebacks are not an issue with the all-in-one payment platform. Businesses enjoy the benefits of the comprehensive chargeback management solutions available. If a chargeback is received, the team will handle the dispute. There are also tools available to help prevent chargebacks and understand the reasons they occur.
Marketplace and Subscriptions
More businesses are finding ways to expand their sales and provide more services for their customers. Many businesses offer marketplace options to allow third-party vendors the ability to sell their products on the business’s website for a set fee. With the right platform, these payments can be divided and sent conveniently and in real time.
In addition, adding subscription services is a great way to provide regular features for customers while maintaining a steady income stream. The right payment platform allows monthly billing services that are automated to make the process easy for the business and its customers.
All-in-One Payment Platform
The best solution for any business wanting to spread its reach is an all-in-one payment platform. The right system can help businesses increase their revenue and reduce costs. With this platform, businesses can reduce the need for several gateways to receive payments from other countries. It also helps businesses avoid many of the fees associated with cross-border transactions.
In addition to reducing the costs and issues associated with global transactions, the right payment platform keeps all business transactions in one place. Even POS transactions at physical locations can be easily managed from the convenient interface.
In addition to all these benefits, the right platform will offer easy integration with hundreds of business platforms. With easy integration, business owners do not need to change their entire website. They can simply add the payment platform to their established software and begin processing payments right away.