Whether you are running a "Fortune 500 Company" or a small business, the online payment management solution lets you collect payments, settle transactions, handle refunds, and manage chargeback in the most effective way. Besides, this online solution offers easy credit card processing for any type of events (conferences, meetings, seminars, business dinners, and more). Thus, the online payment management software makes it easy for you to collect money for your fundraisers or similar other programs.
The top 6 advantages of adhering to a web-based payment management solution are given below:
No Hidden Cost Involved
Managing your monetary transactions with payment management software is an extremely cost-effective procedure. To use this online payment management solution, you don't need to pay any extra money!
Accept Different Forms of Payment
This Cloud-based solution enables you to accept payments via credit cards, such as MasterCard, Visa, Discover, American Express, and so on. You can even allow your attendees to send you cash via different popular payment gateways, such as VeriSign, PayPal Payflow Pro, PayPal Express, CyberSource, and Authorize.net.
Easy Credit Card Processing
Credit card processing can be made easy by using the Cloud-based payment management solution. Your event attendees can send you donations as well as registration fees in real time by simply using their credit cards. Easy credit card processing benefits both the parties - event planners can quickly receive money, while the registrants can easily send you ticket prices, registration fees, and donations.
Offers Easy and Secure Ways to Send and Receive Money
This PCI-compliant solution is highly secure, as it eliminates the chance of any form of financial fraud. Hence, your hard-earned money gets transferred to the organizer quite safely. The Payment Card Industry Data Security Standard (PCI DSS) is formed to make sure all organizations that "process, store, or transmit credit card information maintain a secure environment."
Offers Merchant Accounting Service
Event organizers can utilize "Use Your Own Merchant Account" (UYOMA) service for gathering online credit card payments through their own online merchant account. The UYOMA service lets you effortlessly generate, activate, and uphold your own merchant accounts. When an event organizer uses this service, it means potential participants can deposit the required fees to the user's account at their convenience. The UYOMA service also allows organizers to easily process cancellations and refunds, when needed.
Manages All Back-end Administrative Payment Functions
The payment management software will help you make changes to your different events ticket price, category, and such other features. You can also easily prepare a range of online reports concerning ticket sales, total amount of registration fees collected, payments reconciliation, and so on.
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