You might have recently heard of a Paypal Payment Link, Square Payment Link or Venmo Payment Link. Payment Links are becoming more popular becuase it is a quick and easy payment method. Today we will break down what Payment Links are and how they can help your remote business.
A Payment Link or (Pay by Link) is a method of online payment that is completed through your mobile device. Simply, you send a link to your customer and they click the link to make a payment.
Many SMEs find that Payment Links are the best way to request payments from their clients and customers. It is an essential payment method for companies without a website or who only have a social media account. This is becuase you do not need to have a website to plug in this payment method.
Everyone has a mobile now. Your mum, dad, uncle, aunt – even grandma and grandpa! The payment link has risen in popularity because more and more people are using their mobile phones for online banking and shopping.
Many payment service providers have a similar sign up procedure.
You can send a payment link via WeChat, Whatsapp or email.
Each payment service provider has its own area of operations, so it is important to make sure you can receive payments through multiple gateways.
Firstly, payment links and QR codes are extremely popular in China. A majority of the urban Chinese population already use QR codes and payment links to make payments online and offline. Importantly, you have to enable popular Chinese gateways so customers can pay once they have opened the payment link.
Lastly, Alipay and WeChat Pay are by far the most popular digital wallets in China. Enabling these two gateways opens up your business to 1.2 billion new global consumers.
In conclusion, payment links are a great way to receive payments from international customers. Remote businesses will especially benefit from this new payment method. Not only is it fast and easy, it is also secure since only you have access to your mobile phone.
To find out more about payment links, contact us at email@example.com
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