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Top 10 eBusiness Benefits
Taking payments online can benefit your business by
extending your customer base, boosting cash flow, reducing
costs, enhancing customer service and improving your
competitive advantage.
Five reasons why taking payments improve customer service
– the five ‘Cs’
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1. Choice
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You can offer a wide range of payment options
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2. Convenience
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They remove the need for invoices, cheques, cash
etc
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3. Credit
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They may allow purchases that would otherwise
be delayed
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4. Concessions
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Discounts to encourage online purchases
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5. Competitive Edge
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If you don’t offer the full range of payment
options but your competitors do, what does this
say about your business?
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Five reasons why taking payments increase profitability
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1. Convenience
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Removes administrative resources required for
invoices etc
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2. Immediacy
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Credit cards enable instant purchasing (without
delay)
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3. Better cash flow
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Payment at the time of purchase rather than 30-day
invoicing
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4. Growth
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Open additional payment channels via the phone,
mail order etc
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5. Competitive Edge
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Match and beat the services of your competitors
and gain the edge
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Do you have products or services you want to take payments
for online, but you're not sure where to start, what
the process is and how it all works? Well don't worry
we will explain it all here
(or at least try our best too)
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