What Are Payment Links? Your 5-minute Guide.
Whatever you sell, and wherever you sell it, you know that it takes considerable effort to get a customer interested in your product or service, and ready to purchase.
From using eye-catching visuals on social, to an abundance of funny reels on your Instagram — running an online business is a lot of work today! But more importantly, once you capture your customers attention and they’re ready to make a purchase, the last thing you want to do is make it difficult for them to actually pay you.
This is where payment links come into play. When you don’t have a card terminal to process transactions, or you’re doing business remotely, payment links offer a quick and simple way for you to accept payments.
But what are payment links exactly, and how do they work? Let’s take a look.
What is a payment link?
The concept of a payment link is quite simple: it gives you a way to request and accept payments from customers outside a traditional store or online shop setup. It usually takes the form of a button saying “Pay Now”, “Proceed to Payment”, or “Pay Invoice”. You can display a payment link on a web page or send it via email or any other messaging service.
Once your customer clicks on the link, they see a payment page with the amount due. They fill in their billing and shipping details via a secure gateway, and the transaction is complete. There’s no need for them to enter your payment details anywhere, which gives payment links an edge in terms of speed and security.
Who can benefit from payment links?
Certain businesses may choose to use payment links exclusively to collect payments from their customers or clients. For example, as a B2B company, you might issue electronic invoices with an embedded payment link. This saves clients from having to enter their bank details manually, which is inconvenient and leaves room for error.
You may often attend exhibitions and events, where you don’t have a card terminal handy but you want to be able to collect payments on-the-spot. Just email your customer a payment link, and they can complete the transaction then and there with a credit card number or eWallet.
Or maybe you’re just starting out selling B2C online or locally, and you want a more professional way to collect payments than just handing over your bank details or PayPal email. Again, payment links would be a great solution.
Payment links can be ultimately used by anyone who’s trying to sell something. They are a versatile tool that allows business owners — of restaurants, gyms, car rental, beauty salon, dry cleaning, grocery store, or any other space — to collect payments from it’s customers.
Want to know more about how payment links could work for your business? Get in touch now!
Could payment links help your business?
Get the following benefits when you use a Dibsy payment link generator:
- Receive payments of all types from all over the world
- Access a wider market with the ability to adapt your checkout to local currencies and languages
- Reflect your brand identity with a customizable checkout page
- Get real-time fraud protection to protect your business
- Maximize payment approvals with smart routing technology
- Stay compliant with PCI Level-1
Our website has details on how to get started with Dibsy payment links. You’re welcome to contact us any time if you have any questions.
Dibsy is a payment processing company with one aim in mind — to simplify how business owners accept payments in Qatar.
Learn more about our product here.