Accepting Online Payments Will Help You Scale Faster, Smarter

Learn how accepting online payments can help you master the accounts aging report, save you time and help you get paid faster.

As a business owner, you might not get the thrill you felt from your very first paycheck. But there’s still something satisfying about getting paid—especially when your clients pay in full, on time.

One of the best ways to make sure that happens? Making it as easy as possible for your clients to pay you.

The smoother the transaction process, the faster you get paid. You’ll be better equipped to take care of your team, and your clients will be happy that paying you takes literally a couple clicks of a button.

Different Ways to Accept Payments

There are a number of different ways for you to get paid. Some are more convenient than others—both for you and your clients.


There’s a certain simplicity when it comes to cash and check payments. They’re:

Familiar Reliable A form of payment that most people and businesses have used

But in the 21st century, they’re not particularly convenient. Getting paid in real life means change on hand and trips to the bank to make deposits … not to mention the risk of a lost check or a check returned due to non-sufficient funds (NSF).

ACH Transfer

With Automated Clearing House (ACH) payments, customers give you permission to pull funds directly from their accounts. This can work:

For one-time payments On a set billing schedule for recurring payments

It can be set up online and it’s convenient for you and your customers, especially for recurring billing as the process is automated and requires little attention beyond the initial setup. But there are more up-front steps, and not everyone is comfortable providing their banking information.

Plus, if something goes wrong, support is on you—and who wants their team spending valuable time on the phone with the bank?

Electronic Funds Transfer

Electronic Funds Transfer (EFT) payments work on the same system as ACH payments. However, the process is managed through the bank, so no account information needs to be exchanged—only contact information.

With EFT, funds are taken directly from the customer’s account and placed into yours. Many banks allow for recurring or scheduled payments to be made as well. But because the process is typically initiated through the bank’s online system or mobile app, it’s an extra step for your customers. EFTs often have fees attached as well.

And, once again … you’re the support team if anything goes wrong.

Online Credit/Debit Card Payments

Online credit card payments are the most convenient and straightforward method of accepting payments. They are:

A common and familiar way of making payments Easy to set up Automated to accept payments as soon as they’re made Just a few clicks for your clients

For most businesses passed the fledgling stage, it’s the best option for accepting payment from clients.

As a merchant, you’ll have to pay fees on transactions, but the added convenience (for you and your customers) will outweigh the costs. Bonus? The right online payments solution should offer you and your team world-class support. So when something goes wrong, there’s someone there to figure out how to make it better.

Benefits of Online Payments for Growing Businesses

Being able to say yes when a

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