Plooto’s Post

There are two major factors that drive the recurring billing in your office: 👉🏼the monthly payment amount  👉🏼length of a payment schedule You should be doing everything possible to maximize both factors when negotiating payment plans with your customers. Your customers need: 👉🏼 To know you can schedule a payment to coincide with payday or other days of the month that are best to pay 👉🏼 Credit card and ACH payment options 👉🏼 Automatic receipts after they pay, so they can keep track of each installment 👉🏼 Easy ways to sign an authorization, through email or text message requests    👉🏼Payment reminders before each payment is processed Learn more about making recurring payment plans work for your business, link to a resource is in the comments below. 👇🏽 #Payments #CustomerExperience

The way we pay is changing—now, only 16% of payments are made with cash. Customers use various payment methods, so to stay ahead, you need to offer them multiple options. A good payment provider can help you out, but how to choose the best one? Discover how to select the perfect payment provider for your business and what key factors to consider. Read our article here: https://lnkd.in/dvTbjRhn

🎄 This Christmas, Your Business Deserves a Financial Boost! 🎁 Whether you're building, creating, or growing, our credit card is designed to support your success: 💳 1% cashback on all purchases – From tools to tinsel, every spend earns you money back. 🌍 0% foreign transaction fees – Save big when importing materials or equipment. ⚡ Instant virtual cards – Handle last-minute orders or payments seamlessly. 📱 Easy online account management – Spend less time on admin and more time building your dreams. 🎁 No annual fees – More money in your pocket, all year round. With flexible credit limits and uncapped cashback, we’re here to help you lay the foundation for growth this holiday season – and well into the future. Let’s make this Christmas the start of something bigger! 🎉 #BusinessGrowth #Cashback #NoFees #FinancialSupport #BuildYourFuture

Understanding credit card processing fees is crucial for maintaining a healthy profit margin for your #business. Typical fees range from 1.5% to 3.5%, plus a flat rate per transaction, but don’t forget to factor in additional charges like payment gateways and equipment rentals. Providers like Clover offer flat-rate pricing, making it easier to calculate fees for each transaction. Explore average payment processing fees, learn how to calculate your total expenses, and discover how to leverage this information to your advantage in this article from CO— by U.S. Chamber of Commerce. If you have any questions or need further insights, don’t hesitate to reach out—I can connect you with a Frost advisor! #SmallBusiness #CreditCards #BusinessFinancing

Credit card processing fees can eat into your profits. 💸 As more customers choose cards over cash, you need to protect your bottom line. Our new guide breaks down non-cash adjustment fees — your solution to offset those processing costs. You'll learn: 💡 What non-cash adjustments are and how they work 📊 Different types you can implement in your business ⚖️ How they compare to surcharging and cash discounts 📋 Step-by-step requirements to get started Your business shouldn't lose money on card payments. Whether you run a coffee shop, a retail store, or a service business, this guide shows you how to maintain your margins while keeping customers happy. Check it out here: https://lnkd.in/gpgziiEB  #merchantservices #merchantaccount  #paymentprocessing

💳💰 Confused about cash discounting, dual pricing, and non-cash adjustment? Let's break it down: 🔍 Cash Discounting: When customers pay with cash, they receive a discount on their purchase. This incentivizes cash transactions and helps businesses save on processing fees. 💳 Dual Pricing: Dual pricing involves displaying separate prices for cash and non-cash transactions. Customers paying with non-cash methods (like credit or debit cards) pay a higher price to offset processing fees. 💸 Non-Cash Adjustment: This refers to the additional charge applied to non-cash transactions to cover processing fees. It ensures that customers paying with cards contribute to the cost of payment processing. Understanding these distinctions can help you optimize your pricing strategy and provide value to your customers. https://loom.ly/vVnGttg

Let us get into the weeds of managing bill payments, so you don’t have to. With the new Bill Pay, we’ll find and add new billers. All you have to do is click a few buttons, and we’ll handle the rest. Learn more at https://bit.ly/4dThBDV.

I once worked with a client struggling to keep their business afloat due to poor cash flow. Together, we reviewed their finances, cut unnecessary costs, and renegotiated supplier terms. We also implemented an early payment discount system that encouraged customers to pay sooner. Within months, their cash flow improved, and they had the stability they needed to grow. Sometimes, small changes make all the difference! #CustomerSuccess #CashFlowFixes #BusinessGrowth #RealResults #FinancialHealth

It’s time to make a change with a Cash Discount Program! 💰 Here’s how it works: ➡️ Offer your customers a discount when they pay with cash instead of credit or debit cards. ➡️ You keep more of your revenue by lowering credit card processing fees—no more paying up to 3% on every transaction! ➡️ Simple to set up and easy to track—you can start saving money right away! The best part? Your customers get a discount, and YOU get to keep more of your hard-earned money. 💸 Ready to start saving? Try a Cash Discount Program today and take control of your fees! Learn more: www.cashdiscount.pro #CashDiscount #SaveOnFees #POSSystem #SmartBusiness #SmallBusinessTips #IncreaseProfits #CreditCardFees #RetailSuccess #PiggyBankPOS #FinancialFreedom #BusinessGrowth #SmallBizOwners #SaveMoney #BusinessTips

Consistency is key! 🔑 Setting up automatic payments can help you stay on track and never miss a due date!" Reduce Missed Payments: Auto-pay helps avoid penalties and late fees. Set Reminders for Manual Payments: Some bills may not support auto-pay. Prioritize Due Dates: Schedule payments right after payday. Double-Check Accounts: Ensure funds are available before auto-pay. Track Regular Payments: Review them monthly to avoid errors. Hashtags: #OnTimePayments #CreditBuilding #BoomerGenRealty