Digital Payment Revolution By OmniPay: Powering All Business Types
OmniPay offers all business types with an assortment of payment solutions like QR code payments, payment gateway, Virtual terminal, NFC payments, and much more. To understand how these products can support your business growth, let's take a closer look at them.
According to the house of commons library, “GDP declined by 9.7% in 2020, the steepest drop since consistent records began in 1948 and equal to the decline in 1921 on unofficial estimates.”
Since the Covid-19 wave, the world has undergone some significant changes. New norms emerged, such as social distancing, online shopping, work-at-home culture, etcetera.
Despite some of these measures working well for the world, this societal pandemic shift has downsides.
The UK GDP fell by 25% in April 2020 compared to just two months earlier in February following the first lockdown.
Retail businesses were suffering to meet their ends, many of them got completely shut down, and some had to change how they operate.
Covid accelerated retailers’ shift to online businesses — launching websites and home-delivery services favoured their business.
Furthermore, with people embracing digital change — online payments, virtual meetings, online entertainment, etcetera; things were going a tad smoother for businesses.
Online payments were popularly increasing among consumers. In addition, sending and receiving funds became easy with digital or online payments.
Eventually, things became normal again, but social distancing remained a rule to follow. Next, retailers embraced online payments in-store to minimise contact and reduce queues.
Digital payments offer customers a seamless shopping experience, whether online or in-store. In addition, the ease of transacting, reduced dependence on cash, and fast transfer speeds make online payments a preferred option.
In the UK, OmniPay helped hundreds of retailers with the smooth transition to accepting online payments.
OmniPay offers all business types with an assortment of payment solutions like QR code payments, payment gateway, Virtual terminal, NFC payments, and much more. To understand how these products can support your business growth, let’s take a closer look at them.
Table of Contents
Virtual Terminal
OmniPay’s virtual terminal turns your desktop or a smartphone into a card terminal. As a result, it’s simple for businesses to accept payments through mobile or an app.
Through Virtual Terminal, merchants can create payment links on the OmniPay mobile app or desktop application and share them with customers for the online paying process via Instagram, Facebook, SMS, Emails, etcetera.
How to get paid via payment links in three easy clicks?
- Go to the dashboard, and create a payment link
- Enter customer details, such as contact number and email address
- Click Send.
Once you share the links with your customers, all they have to do is tap and complete the payment.
Through OmniPay’s Virtual Terminal, cash-accepting merchants can now manage transactions more simply and securely.
Using the dashboard reporting options you can track sales data and map growth over time.
You can increase sales and build better customer relationships beyond the confines of your location using a virtual terminal, thus spurring growth and enabling you to expand your business.
To sign up for Virtual terminal, book a call here.
NFC Payments
With NFC tags, your customer can access contactless payments with a single tap of your phone.
Payments via NFC are especially suitable for offline businesses and stores run by merchants and their staff.
Sending and receiving payments becomes much easier and quicker with NFC tags, raising the user experience. In addition, the secure NFC payment method of collecting payments will increase profit margins for businesses since you will require no additional equipment.
To sign up for NFC Payments, book a call here.
QR Code payments
QR code payment is a pivotal contributor toward building a cashless society. You can use QR codes for both payments and online redirects.
Every mobile device today has an inbuilt QR code scanner, whether an Android device or an iOS making QR codes highly accessible. A QR code is a machine-readable two-dimensional code made of black and white squares. Its primary use is storing URLs and other information; using a smartphone’s camera, your customers can read them.
Using OmniPay, you can generate as many QR codes as you want and share them with your customers to enable them to make a payment using their phones. In addition, OmniPay QR codes support all major cards and wallets, enhancing the checkout experience.
With generic QR codes, you can redirect users/customers to any desired web page, menus, product brochures, websites/landing pages, et cetera.
To sign up for QR code payments, book a call here.
Payment gateway
OmniPay offers a seamless and user-friendly checkout page for e-commerce businesses with 99.97% uptime.
To reduce checkout times by 60%, we use tokenisation which automatically prefills the delivery details of customers who have shopped previously. So all your customers have to do is enter the CVV code, and payment is complete.
You can expand your business reach and be able to accept payments internationally using 100+ payment modes. Moreover, express checkout options are available from OmniPay, allowing customers to pay quickly without going through several security checks.
Offer your customers a fast, secure, and customisable payment checkout page and elevate your conversions with a superior experience.
To sign up for OmniPay’s Payment Gateway, book a call here.
Key Takeaways
With the advent of digitalisation, all business operations are more efficient and transparent.
Accepting online payments for your business will enhance your customer experience and grow your revenue, allowing customers to pay with cards, e-wallets, QR codes, or NFC payments.
OmniPay has helped hundreds of merchants like you save up to 50% on their merchant service bills. How about you book a call with us, and let’s see how much money we can save your e-commerce business?
