Accept Credit Card Payments Over The Phone - PayFunnels Review
Many businesses ask. How do I accept credit cards over the phone and set up monthly payments? In this PayFunnels Review, we show you how to charge clients immediately over the phone using Pay Funnels. PayFunnels discount & free trial link: https://start.payfunnels.com/louis
Here are the steps we walk through:
1. Get a Business Bank Account.
2. Connect your Business Bank Account to a Stripe Account.
3. Connect your Stripe account to a PayFunnels.
4. Creating a PayFunnels invoice to charge a charge credit card on phone.
0:00 Payfunnels Review
0:43 What you need
1:45 Benefits of using Credit Cards
2:59 How much do Credit Cards cost?
3:21 PayFunnels overview
3:39 PayFunnels platform set-up
4:29 How to use Payfunnels to create a credit card invoice
6:30 Bonus PayFunnels tips
Some benefits of accepting credit cards for your business:
— Accepting credit cards gives you the ability to ask for payment right on the sales call when a lead has agreed to sign up. It's the best way to seal the deal and collect payment right there At that moment. You just say “Will that be Visa or Mastercard”. Of course, you can accept the others like Amex, but it doesn't sound as smooth.
— If you do a sales call with someone, and they agree to sign-up to your services and then ask them to send a check to your address. There's a high chance they won't send that check. Then there're delays, lost in mail etc.
— Credit cards are instant transactions and low friction, all you need to do is give somebody the 16 digits, an expiry date and done. The money is instantly charged to their account and will be in yours in 2-3 days.
— Credit cards transactions give the buyer the ability to purchase products with credit. I.e. money they don't have. People can't bank wire or cut checks they don't have, credit cards are like toy money
— You have to pay credit card processing fee of around 1.5 to 3% however that's nothing compared to the benefits you get form accepting credit cards. Anybody who complains about this or doesn't do it in an attempt to save money is crazy.
PayFunnels discount link: https://start.payfunnels.com/louis
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