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Contactless Payments: How Exactly Do They Work?

While contactless payments have been around since as early as 2007, their ease of use and tap-feature is more important today than ever before. It first started with credit cards having a chip that works by transferring data to a terminal that has a proper reader, removing the need for a swipe or a pin-input. Nowadays, technology has evolved significantly that even digital wallets and payment systems like Apple Pay and Google Pay require nothing more than your phone for transactions. 

Not only is this convenient, but 2020 has found this feature especially useful to avoid unnecessary contact with items that can transmit the COVID-19 virus. Thanks to the radio frequency identification technology, or also known as RFID, these signals can be picked up from a set range for ease of use. 

Contactless Payments

As mentioned above, contactless payments work through chips that have RFID technology to transmit radio waves to a reader. If you are using a credit card, make sure it has the chip for contactless transactions, such as Visa’s payWave and other similar markings on a credit card. When utilizing mobile device-specific payment apps like Apple Pay and Google Pay, your phone must have what is called near-field communication (NFC) to transmit data. 

When paying for items, the POS system will usually display an option to tap your card or phone, which should be just as easy as holding it nearby the screen of the terminal. This technology is often not perfect either, meaning it can fail and require you to input your pin instead. 

How This RFID Technology Is Used

Contactless payments are usable with many devices, as it is slowly becoming a standard for all technologies. While the most common are credit cards and mobile devices; fitness trackers, watches, key fobs, and stickers are also now utilizing RFID technology. These cards are also often used to open doors and gates, as security passes, and other kinds of payment areas. 

Where Can This Be Used?

This technology is great because it is now being recognized by places all around the world. Contactless payment can be used at retail stores, restaurants, bars, cafes, and other automated services for ease of transaction. In some countries, these have even been integrated with public transportation to expedite the riding process. 

What Are The Advantages Of Using Contactless Payment Systems?

Using this system saves a significant amount of time and effort you would normally be using to punch in your pin number. Having your phone set up to be your wallet means carrying less cash and cards all the time while also saving you the trouble of fishing around your bag. 

Nowadays, COVID-19 is serious, and the fact that you can pay with your credit card or even Apple Pay and avoid touching money makes going out much safer. It is known that the virus can be spread through money due to its fabric material, so going down the route of cashless transactions using contactless payment will expedite everything. 

What Are The Risks Of Using Contactless Payment Systems?

The issue with contactless payments is that if someone else gets a hold of your card, or your wallet or phone is stolen, they can use it to make purchases without any need for a pin input. The fraud activity due to RFID technology is high, so be sure to report any missing cards as soon as possible and check your credit card statements on a regular basis. Report any suspicious and unrecognizable transactions to your bank whenever you see them. 

Conclusion

This technology has proven to be extremely effective and efficient not only for payments and transactions, but also for other aspects of business such as security and identification. Thanks to RFID technology, there have been many advancements towards the ease of business, but has also come with risks due to fraud and safety concerns. 

Creating an easier way for your business to accept payments has never been easier with Payment Page, wherein our WordPress plugin can create a hosted payment page with ease. Sign up for our services on our website to be at the forefront when we launch our products. 

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How to Receive Payments for Your Online Teaching Job

Being an online teacher nowadays is an exciting venture now that more homebound students are looking for virtual classes this 2020. According to Freelancers Union, the boom in online work only proves this, with almost 57 million Americans doing freelance work in 2019 alone.

So if you want to jumpstart your freelance teaching career, there are several things you have to consider, and perhaps one of the most important ones is how you get paid. If you’re confused about the new ways of transaction nowadays, don’t worry because receiving payments is now made easy and efficient with technology.

Here are some modes of payment you can choose from to help you find the most accommodating transfer for you.

Exploring Different Payment Options For Freelancers

1. Checks

The classic bank check deposit has always been the norm for many. With no additional fees, you are assured that you get the full payment you deserve. The downside, though, is that there are possible delays in its mail transfer as it arrives and clears into your bank account.

2. Electronic Transfer

If you’re in for innovative modes, you can choose to get paid via Electronic Funds Transfer or EFT. It works by directly moving your funds from bank to bank without involving apps or credit card processors. However, funds can take around two to four business days, but at least you don’t have to transfer it again to yours, just like how PayPal works. 

3. PayPal

Most commonly used by freelancers because it’s easy. Clients transfer funds to your account electronically, and once you receive them in your PayPal account, the amount instantly appears. But, transfers to your bank account may take more time, so if you’re in immediate need, you may pay additional fees. There’s also an option for a PayPal debit card if you want to spend using your PayPal balance instantly.

Sign-up is free, but you lose 2.9% of it to transaction fees based on the amount you expect to receive for PayPal payments you receive. While it seems only a fraction, if you consider PayPal for a long time with multiple transactions, the sum amount can pile up, therefore, losing significant money on fees instead of it all ending up yours in full.

4. Credit Cards

Payments via credit cards are processed through PayPal as well or any other online payment system.

Some freelancers take the extra step by getting their credit card processing equipment to receive payments. It requires wireless credit card terminals, processing software, or a merchant account. Others even get hardware that works with mobile devices to cut the need for bulky terminals at checkout counters.

The Bottom Line: Getting The Moolah Freelancers Deserve As Seamless As Possible 

It’s important to consider that most freelance teachers who use this mode of payment use apps or other service providers to get paid. Some of these options include Google Wallet, Square, or Quickbooks. Nonetheless, the list above explores some of the most reliable gateway options that offer both credibility and convenience for freelancers across the world. 

How Can We Help?

If you’re looking for more different online payment methods that you can integrate into your business, Payment Page is your best option! We aim to make it easier for you to implement, making it possible to receive global payment support in just a few clicks with our WordPress plugin that helps create a hosted payment page seamlessly. 

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3 Tools Your Business Needs to Prevent Fraud

Credit cards are becoming the option of choice for most shoppers online due to their ease of use and accessibility. Hosted payment forms should include credit card sale options to increase the number of people who buy from their sites. 

While this option is becoming increasingly popular, credit card sales are still quite risky for both sellers and buyers. Fraud and phishing schemes are still at large online, which makes putting information online dangerous at times.

Fortunately, the internet wouldn’t be what it is if the good people out there didn’t come up with solutions to deter the actions of the bad ones. There are three amazing tools that can be used for almost all credit card sale processors available for any business to use. 

If your business is new to sales via credit cards, take these into account with your payment page builder for safer transacting:

Card Verification Value (CVV)

The CVV code is normally a three or four-digit code printed at the back of a credit card. This is an extra piece of information that can prevent fraud, as even if a picture of the front of your card is taken, it will likely need the CVV to complete a purchase. This number proves that the customer indeed has a physical credit card when making their purchase. Unauthorized users of a card will likely only have the card number, which means that including the CVV option will deter a lot of fraudulent purchases. 

This basic layer of defense is a must for all online sales, as it is ensured that the buyer has the physical card and is not using stolen card numbers. A CVV number cannot be stored by businesses, which is why it makes for the best first line of defense. 

Address Verification Service (AVS)

AVS is another common anti-fraud system that must be used by online businesses. Almost all credit cards support this and can assist in spotting fraudulent activities. 

This service compares the accuracy of the address provided with the one on file with the credit card company. A letter code indicates the information to see if it matches, doesn’t match, or partially matches. The list of letter AVS codes in full can be found here.

Utilizing AVS appropriately may even give your business lower processing costs and can help if you receive a chargeback. Businesses using this have been found to be better protected than those who didn’t use the service. Additionally, fees for this service generally range from just one cent to ten cents—but the value ultimately depends on the processor chosen. 

3D Secure

3D Secure is a fraud prevention tool that works through three parties as part and parcel of the authentication process. This is somewhat like an extra layer of defense against someone who has unauthorized access to a credit card with the card number and the CVV. 

It works by sending a verification code to the card owner when a purchase is about to be made. It is likely that only the cardholder has access to this code—which means a better and more secure transaction for your consumers! This way, even if someone with a stolen card tries to make a purchase, a code will be asked to be input to ensure that the purchase being made is truly by the card owner. 

Verified by Visa and MasterCard SecureCode are carriers of this feature and ensure that purchases made online are safer. A plugin by a provider can be provided to add this additional safety feature with your payment page.

Conclusion

Having added lines of defense when creating a payment page is important to remove the risks of fraud. Fraudulent actions and purchases can be potentially damaging to both the seller and the buyers, which is why investing in proper plugins and protective services can go a long way. 

Payment Page aims to assist international businesses of any scale craft simple and highly customizable payment pages that support credit cards and other forms of transactions. If you want a better way to run online payment pages, sign up for our services to be notified when we launch!

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Top 3 Methods Freelancers And Consultants Can Use to Get Paid

Freelancing has always been filled with hidden gems in the job market, but the recent events this 2020 prove that it can be a stable path for anyone. Being your own boss, honing your time-management skills, and hopping from gig-to-gig is all the rage in today’s changing workforce, making it one of the best careers of the future. 

While working as a freelancer is becoming a norm in different industries and countries, everyone shares the common struggle of getting paid on time properly. Finding the right payment method, especially when your clients are all over the place, can be tricky.

Fortunately, there are universal payment methods that can take the drudgery out of receiving your income: 

1. PayPal 

PayPal is arguably the new go-to payment method as it’s a widely used platform across the world. With over 227 million active users, there’s no doubt that it appeals to the masses thanks to its easy navigation. 

It’s one of the most accessible ways to send or receive money since setting up an account is free, allowing clients to easily send your payment in just a click of a button. The money also appears instantly to your PayPal account, which you can then transfer to your bank account.

The only drawback is that it has a relatively hefty transaction fee, reaching around 2.9 percent and an additional $0.30. While it seems like a small amount, it can still pile up into thousands of dollars lost per year. 

2. Credit Cards

One of the oldest transaction methods in the world, using credit cards appeals to most businessmen and women globally as it is the most trusted form of payment. Processing these “plastic” funds can easily be done using PayPal, though there are other online payment systems like Payment Page that can easily integrate credit cards into your page. 

3. Electronic Funds Transfer 

One of the best methods to-date, using electronic funds transfer (EFT) means you can send or receive money from one bank directly to another. You don’t have to use third-party apps or rely on credit card processing companies, though the challenge arises when you or your client’s bank need to review these bank requests.

This often puts a delay on the bank transfer, which is primarily the reason most freelancers prefer online payment methods like PayPal. 

The Bottom Line: Exploring Different Payment Options For Freelancers In 2020

Using service providers like these can be huge money-savers since you don’t have to shell out for further equipment that works with your mobile device. Think of them as middlemen that can facilitate convenience and ease of payment all in one fell swoop. 

If you’re looking for more different online payment methods that you can integrate into your business, Payment Page is your best option! We aim to make it easier for you to implement, making it possible to receive global payment support in just a few clicks with our WordPress plugin that helps create a hosted payment page seamlessly. 

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Why Multi-Currency Support Is Crucial for Businesses

As more and more people shift to online shopping, businesses strive to keep up with the demand and satisfy the market. Customers today are not confined to stores in their location; you can quickly develop a customer base and a following for your brand in another country. That is if your website has the right structures in place.

Customers are more likely to use credit cards in their transactions online, and they will be more eager to complete a sale if a website supports their preferred payment method, currency, and language. It is why you must have an e-commerce solution that offers multi-currency support.

The value of multi-currency support

Having multi-currency support enables you to provide payment options that your shoppers use locally. Customers in other nations usually have to pay in U.S. Dollars or Euros, which could deter them if they do not normally transact with these currencies.

Some payment solutions offer shoppers the ability to pay in Australian or Canadian Dollars, Swiss Francs, Danish Krone, British Pounds, Japanese Yen, and many others, on top of USD and Euros. Providing this to your customers also gives you additional benefits.

1. Supporting multiple currencies fosters customer loyalty

When you use multi-currency support, you help customers avoid the extra fees they incur from currency conversion. When they see these additional charges, it might cause them to issue a chargeback or request a refund. Transparent pricing will help you get repeat sales, and eliminating additional charges will make your products an attractive option.

Being consistent in your pricing will help you win the trust of your customers. A rounded number is more convincing; if your customers see 25.00 USD instead of 24.79, they are more likely to complete the sale.

2. Multi-currency support is convenient for both parties

Besides giving customers the ability to pay in various currencies, you also provide them with various payment methods. In countries like China, where WeChat Pay and Alipay are the most widely-used payment channels, this is invaluable. 

Multi-currency pricing is also convenient for the retailer. You won’t have to worry about complicating your store; a payment page builder lets you do this through a simple, intuitive interface.

3. Multi-currency solutions ensure purchase completion

Shopping cart abandonment goes hand-in-hand with customer retention. A multi-currency platform minimizes chargeback rates and refunds since they display and charge the same prices. Furthermore, customers will appreciate the effort you’re taking to show figures in their local currency.

You can also calculate currency exchange rates and account for market fluctuations by adding a buffer percentage for cross-sells. Doing this allows you to control sales in other countries and lets you secure your profit margin. It can also help you compute for discounts.

Conclusion

Your e-commerce platform will benefit from having a multi-currency display. However, you should vet your e-commerce partner properly. They should be able to support your business when it opens its doors to the international market and understand that companies have different requirements, which are informed by their target market and its location.


Make it easier for customers to transact with your business; use our WordPress plugin to create a hosted payment page. Customize your payment gateway and enable flexible, global payments on your website. Get in touch with us today to learn more!

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4 Pointers to Help Your SME Operate Amidst a Pandemic – Our Guide

The COVID-19 outbreak has impacted almost all businesses around the world. While some establishments have completely shut down, others have resorted to continuing to operate under various restrictions. 

Given the current situation, small to medium sized enterprises (SMEs) are dramatically affected, including brick-and-mortar stores, home service providers, restaurants, and many others. However, there are creative ways that you can serve your customers so that your business adapts and thrives during these hard times.

In this article, we will share four valuable pointers for SMEs on how to continue operations  despite the current COVID-19 outbreak:

1. Utilize video conferences for face-to-face interactions

Today, you can communicate and interact with people using video conferencing. SMEs can also take advantage of utilizing video conferences to interact with their customers or clients. 

There are a handful of video applications and software that can be used for this purpose. Even social media channels enable you to talk to and engage with your customers. A perfect example is Zoom, which is a free video conferencing platform, but where you need to pay a subscription fee if you want to communicate for extended periods with your customers. It’s best when using Zoom to set up a private call for all business interactions to ensure security and professionalism.

2. If you must pursue in-person interactions avoid shared surfaces

Some small businesses are still required to operate to cater to the needs of the general public. These include grocery stores, pharmacies, restaurants (for delivery or pickup), and other essential suppliers. The challenge, however, is in maintaining social distancing to avoid contact and to keep you, your staff, and customers healthy. 

The good thing is that you can set safety measures in place where you can pursue in-person interactions while avoiding shared surfaces. For instance, customers can have checkout in a supermarket using contactless cards without direct contact with the employees or the payment terminal. 

3. Use text messages to update and communicate

Seeing that communication remains to be the key for many businesses, you should have a variety of  processes for reaching out and maintaining contact with customers. You should make a conscious effort to reach out to your customers or clients via text messages or email. 

It can be a good practice to share real-time updates regularly, especially for updates regarding promotions or COVID-19 health updates. Furthermore, if customers have any questions, issues, and concerns, remember to be highly responsive in answering their queries, providing solutions to their problems, and addressing their concerns.

4. Take advantage of online payment methods

In today’s world, financial transactions do not have to be made in person. This is mainly because there’s a wide range of online payment methods that every business can utilize. 

Online payments can provide customers with various options to pay, such as credit cards, ACH, or other international payment options available in different regions of the world, like iDeal or WeChat Pay. 

Your business checkout process should be streamlined and user-friendly for the customer to avoid any potential errors. Most importantly, the payment form must remain secure for the protection of the customers’ confidential information.

Offering an online payment mechanism is a useful way to offer an easy solution for payments that normally might have been made in person, or through other more complicated means. 

Finding a solution

Overall, there will always be solutions in every challenging situation. As outlined above, you can utilize video conferences to facilitate face-to-face interactions, pursue in-person interactions by avoiding shared surfaces, use text messages and email to update and communicate, and take advantage of online payment methods. 

Despite the COVID-19 outbreak, the current situation doesn’t necessarily have to stop your business from operating and serving the needs of your customers. 

If you need a streamlined and beautifully designed payment form, we provide SMEs with a hosted payment page for accepting payments from across the globe. Get in touch with us today!

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3 Ways Your Business Can Quickly Adapt to Remote Selling

As the Coronavirus pandemic continues to unfold all over the world, businesses must now pivot and capitalize on the opportunity to adapt to changing consumer habits. 

Customers are evolving in more ways than business owners initially expected. This is an ongoing development that has seen the birth of new sales channels and innovations in ecommerce. Amid all the various developments taking place in the modern business landscape, there’s one specific update that your business should be aware of: remote selling.

Increase in adaptability

Even though it’s been around for quite some time, remote selling has seen an unprecedented increase due to consumers staying at home and following social distancing. As the population continues life from home, the “new normal” is now online shopping and shipping of goods to consumers’ homes.

Fortunately, the power of the Internet has made it possible for producers and consumers to get what they each need, effectively bridging the gap and eliminating physical contact. By using various digital tools and channels, you can keep the orders coming in and your cash flow running smoothly without worrying about laying off employees or struggling to keep your business afloat.

Get your business back on track with remote sales

Setting up an efficient online channel to receive payments doesn’t necessarily mean an excessive amount of work. In this article, we will share with you three ways your business can quickly adapt to remote selling: 

1. Use social media to your advantage

In the past few months, businesses across industries have seen a significant boost in sales activity by fine-tuning their digital marketing strategies and selling directly via their website, and by connecting with customers through email and chat.

Instead of a storefront, a chat box or contact window can help you maintain personalization in your transactions by getting in touch with your loyal customers via email or live chat. Using various social media platforms also makes it possible to reach out to customers and answer any questions that they may have before buying your product or service. This means that you can interact with your customers and meet your sales goals too. Just because you can’t interact face to face doesn’t mean your business has to forego all customer service interactions. This brings us to our next point. 

2. Set up a chatbot

One of the biggest challenges with adapting to the new form of transactions and the ins-and-outs of remote selling is that customers will always expect a reply, no matter what time of day they message. This is where a chatbot comes into the picture. 

It can help you avoid losing potential sales by having a system that automatically answers any questions or concerns that customers may have right away! For more complex inquiries, you can respond directly to the customer in a short amount of time.

3. Get started on your payment page.

Since more and more people have been conducting their transactions online, it should come as no surprise that the demand for online payments will grow exponentially in the coming months.

With the days of cash-only payments long gone, this is your opportunity to start offering online payments on your web shop, and the best way to do so is with a hosted checkout page! By using a checkout page building tool – such as Payment Page – you’ll be able to set up your online shop with a secure payment portal that allows your customers to purchase your products online quickly and securely. 

By combining payment gateway options into one payment page, it makes it far easier for customers to use any option from a targeted mix of payment methods. 

Make a change

Given the state of the world today, companies must innovate to keep business not only running, but thriving. By bringing operations online, businesses can connect and expand their customer base to offer their services in a way that is sensitive to the times. Following the three simple, yet practical, tips mentioned above, you can immediately see significant results and get your operations back on track in no time!

We offer a WordPress plugin and hosted payment page that provides all types of businesses with an easier way to take payments online. Customize your own payment page or let us host your page to accept online payments without all the hassle of setting up an entire website!

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5 Benefits of Cashless Payments For Small Businesses – What to Know

There are many advantages to cashless payments, and in today’s society, it makes sense to accept as many cashless payment options as possible.

Small businesses, in particular, can benefit from the use of cashless payments. In this article, we will briefly discuss five notable benefits that you can enjoy by accepting cashless payments.

1. Faster Checkout Process

Compared to cashless payments, paying in cash takes more time not only for the customer but also the cashier during the checkout process. For the sake of efficiency, cashless payments are an obvious choice for a small to medium sized business. Additionally, when handling cash, there is always a chance of human error, which is minimized when accepting cashless payments.

When you go for cashless payments, such as credit cards, everything becomes faster and more efficient.

2. Better Financial Management

Say goodbye to managing cash and receipts. With cashless payments, you won’t have to spend time consolidating money at the end of the day or even making as many trips to the bank! With credit and debit card transactions, everything will automatically be reconciled and paid into your bank account within a few days.

Small business owners are always short on time. By streamlining your financial processes, you’ll be making time to dedicate to other aspects of your business/life.

You can also take advantage of accounting software to keep your finances updated in real-time. By going digital, you will have the ability to see your finances at the click of a button.

3. Reduce Theft

How many entrepreneur horror stories have you heard about cash getting snatched from business premises? Small businesses often don’t have a lot of money to dedicate to security, and cash payments will only leave them more vulnerable.

By accepting cashless payments, your business is less likely to be targeted for theft, which is the last thing any small business owner should have to deal with.

4. More Currencies

When you go for cashless payments, you will be able to accept more currencies, whether American dollars, British pounds,euros, or a variety of other options. This makes it possible for you to serve customers, no matter where they’re from or what currency they prefer to use. Some people are ready to buy, but if they don’t have the currency you accept, they’ll walk away without ever making a purchase. Cashless payments allow you to accept more currencies and make things easier for customers.

5. Wider Audience

Many people now own debit and credit cards, and with the changing times, these cards are being used for cashless payments due to their convenience. We can’t forget that using these cards reduces contact when paying for items, which is extremely important in the current climate.

Most consumers today want the option to pay with a debit or credit card. Giving them that chance allows you to attract a wider audience, which will put your business ahead of the competition.

Consider These Options

Cashless payments are the future, and making this option accessible to your customers will ensure as many people as possible use your small business’s products and services. Consider looking into a Stripe-integrated payment page builder that will make it easy for you to accept as many cashless payment options as possible. That way, you won’t be turning customers away.

Payment Page provides an easy solution for businesses to offer cashless payments to their customers. Get in touch to learn more about the extensive payment options you can unlock using our platform!

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3 Online Payment Options Your Business Should Consider

With opportunities for online growth becoming far more abundant, your business may have an easier time than you might think making your online presence profitable.

Amid all the tremendous changes that have been happening in the e-commerce marketplace, one strategy you can prioritize to ensure profitability is adding more payment options for your customers.

Why the number of payment options you offer matters

It is now more important to provide your consumers with as many payment options as you can. Methods such as Credit Cards, Apple Pay, Google Pay, and ACH, can provide your business with the necessary means to make your products or services much more available to your customers.

Although it may seem quite simplistic at first, undertaking this very task opens up a wide range of opportunities to conduct even more transactions. The main reason this simple approach works so well is that more and more customers seek convenience in their checkout experience.

By taking advantage of the opportunity to add more payment options to your checkout page, you can make the overall purchasing experience much more comfortable for customers, which is a big incentive in itself. To best understand how your business can capitalize on this technology, let’s go over three online payment options that you should consider:

Credit card processing

Among all the different payment options that online businesses can provide, credit card processing still holds its place as one of the most popular options that customers seek.

With the proper credit card processing system and a linked internet merchant account, you can customize your website with a payment option that allows customers to comfortably make payments in a matter of seconds. Fortunately, setting up a payment page doesn’t have to be a complicated process as today’s hosted payment page options—such as Payment Page—can handle the task for you without the need for you to set up an entire website!

If you’re the DIY kind of person, there’s also a free WordPress plugin to get started.

Automated Clearing House (ACH)

ACH payments are electronic payments that get processed through the Automated Clearing House network. A centralized system then serves as a middleman to facilitate the transfer of funds from one bank account to the intended destination.

Although ACH payments require more information to carry out a transaction—bank name, account number, ABA routing number, and the name of the account owner—this option is cheaper due to lower processing fees compared to traditional checks and credit cards. It’s easier to track, too, with electronic records automatically collected with every transaction.

Apple Pay and Google Pay

Contactless mobile payment systems like Apple Pay and Google Pay are gaining traction these days due to their speed and efficiency. There is no longer a need to slide a card at a point of sale (POS) terminal — all it takes is for the customer to hold their device near a payment terminal (an NFC reader) to complete the transaction. This type of payment option allows for quick and hassle-free transfers, improved efficiency, easy implementation, and enhanced security. 

Final Thoughts

Thanks to modern online payment options, businesses now have a valuable opportunity to make their consumer experiences far more convenient than before. With the help of the right option in place, you’ll be able to see tremendous results in your UX and profit rates in no time!

Payment Page is a WordPress plugin and Website-as-a-Service that allows you to create a simple and easily customizable payment page with your own payment gateways, providing customers a more convenient experience of conducting transactions with your business on the internet. If you want to set up a beautifully designed payment page to accept customer payments, you can get started today. .