How does Pay By Link work?
The Pay By Link (or Payment Link) system is one of the most effective options when it comes to streamlining the online sales process.
You've probably seen it before. Whether in chatbots, where it is the automatic messaging program itself that sends a payment link; or in the form of a payment button, the goal behind it is always the same: to facilitate payment for the eCommerce visitor.
There are different ways to apply Pay By Link. As we mentioned above, its two most common applications are the payment links or the payment button.
Pay By Link via SMS, email, social networks or chatbot (literally, any messaging app). Your customer will receive a link from one of your apps, social networks or corporate websites, which will automatically redirect him to a secure payment gateway.
Email invoicing with Pay By Link. If your business offers B2B services, and you need an efficient billing program, you can also benefit from Pay By Link technology. In this case, the customer receives an email that redirects him to the invoice itself, where he only has to fill in his company details: name, address, email, VAT number... Once the customer pays, he receives his corresponding invoice in his corporate email.
"Buy" button on an e-commerce website. This way, you redirect your leads directly to the checkout page. By simplifying the purchase process, we manage to increase the conversion.
These examples are some of the different ways in which you can integrate Pay By Link into your business. As you can see, the common factor is how quickly the customer accesses the payment gateway, where he only has to fill in his data and click on "pay"—a boost to sell more online, with Paywise’s security and fraud control guarantees.
“At Paywise we are an expert team in payment gateways for e-commerce! ”
Contact Paywise today for more information!