How To Receive Online Payments Without A Website
People start businesses for different reasons and while catering to demand and creating jobs are important reasons, the main reason why people sell products and services is to make profit. There are many components that determine the lifespan of a business and a major component is Payment.
Over the years, many business owners have evolved by moving with trends in business so as to increase their brand appeal to new and existing customers. A popular trend is the creation of a website for a business as it serves as an ‘online storefront’ to help showcase the products or services the business offers and simplify payment processes for customers through the integration of payment gateways.
Although having an ‘online storefront’ is a great investment for a business, many business owners cannot afford this ‘luxury’ and have to keep running their business operations in a physical storefront or via social media pages. This means receiving payment will not be seamless as they have to depend on the epileptic network of commercial banks.
Today's article is tailored for business owners who do not have a website and experience difficulty in receiving payment seamlessly from local and international customers. If you fall into this category, you are in luck for finding this article.
3 Simple Ways You Can Receive Online Payments Without A Website
With technology simplifying our everyday lives and changing the order of things, there are many fast and easy ways through which entrepreneurs without a business website can receive online payments from customers based locally or internationally.
- Payment Link: Businesses who explore payment trends must be familiar with payment links as they have gained popularity due to the convenience they provide in receiving payments for various purposes. A payment link is a clickable link that enables a customer to complete a purchase. To generate a payment link for a customer, you do not need to own a website or have a very large business as they are links that are created on a fintech platform like Vella and sent to the paying customer via email or a social media channel. The paying customer clicks on the payment link and is redirected to a page to make payment.
- Electronic Invoicing: Aside from the ease in simplifying and streamlining invoices that electronic invoicing offers, it is also a great way to receive online payments from customers. For instance, Vella offers businesses a great invoice service that allows business owners to generate free invoices and share with paying customers. Through the shared invoice, a paying customer is able to make payment for the goods or services purchased via a convenient payment method. Electronic invoicing is gaining popularity particularly among small businesses who do not have a website as it is an easy way to receive payment.
- Cryptocurrency: Giving your customers multiple ways through which they can pay for your goods or service is a great way to grow your business and build loyalty. Accepting payments from your customers in crypto is beneficial as you can get paid from anywhere instantly. Today, many fintech platforms like Binance, Vella, Coinbase etc continue to simplify crypto payments for businesses by offering digital crypto wallets that make it easy for crypto savvy customers to complete purchases by paying directly into the crypto wallet of the business owner.
If you run a business and do not own a website, you can integrate any of these 3 payment methods into your business operation to receive payment from customers instantly.
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