Businesses must have enhanced payment processes to stay competitive in their field. A reseller who plays an important role in bridging the gap between manufacturers and consumers might have to make multiple payments daily. Since they have to collect payments from consumers and also pay manufacturers, having advanced payment software is important for them. Why?
- Half of your customers may cancel the order if their preferred payment option is not available. Also, many will not even consider your products if you don’t have multiple payment options. Giving customers their trusted payment option makes them consider you over the competition. Resellers can give their clients multiple payment options via OnlineCheckWriter.com – Powered by Zil Money.
- Building trust with your customers as well as manufacturers is important. Working with various payment methods gives your customers and manufacturers the impression that you can successfully partner with other platforms. This shows that you care about your clients getting the best service they can have.
- Not every transaction will end up the way you like. There might be situations when you might need to cancel an order or issue a refund. Payments made by cash make it difficult for you to track the overall expense and provide the exact refund amount. Instead, the payment software can offer you records of your transactions, which will help you clear disputes.
- There might be foreign clients who might be interested in your products or foreign manufacturers whose products you are interested in. Many resellers refrain from marketing their products internationally and step back from buying products from international manufacturers. This is mainly because of the difficulties that they may have to face while doing international transactions. OnlineCheckWriter.com – Powered by Zil Money, allows you to make international payments at an affordable rate. The software helps your product to reach new audiences that it has not reached ever before.
What are the payment options available on OnlineCheckWriter.com – Powered by Zil Money, which helps resellers pay their manufacturers?
Click Here For Interactive Demo ⬇
ACH
ACH payments can benefit both resellers and their manufacturers. This is because it serves as a convenient method for resellers, an efficient payment processing to manufacturers, and a low-cost solution for everyone. The ACH network has come over 50 years and is still one of the number one payment options available. This shows that it has the ability to adapt to an ever-changing landscape.
NACHA, the regulatory body that monitors ACH transactions, reports that around 8.3 billion ACH payments were processed during the second quarter of 2024. This is an increase of 6.3% when compared to the total ACH payments during the same time last year. OnlineCheckWriter.com – Powered by Zil Money, is an official member of NACHA. So, resellers can make ACH payments easily and affordably. The ACH network offers same day ACH payments and also conducts batch processing three times a day.
Wire Transfer
These are payments designed especially for your international manufacturers. According to Fedwire, the network by which wire transfers are transmitted, more than 18 million wire transfers originated in July 2024. This is an increase of 8.5% from the total transfers originated the previous month.
Resellers can initiate their wire transfer directly from OnlineCheckWriter.com – Powered by Zil Money. One can make both international and domestic wire transfers with the platform. Domestic wire transfers are delivered within one business day, and international wire transfers take around one to five business days to get delivered.
These are two among many payment options offered by OnlineCheckWriter.com – Powered by Zil Money. The other options are checks, credit cards, etc. For details on these payments, kindly visit the official website of the platform.
Next, we can look at the payment options that a reseller can offer his customers to collect payment.
Payment Links
Payment links are the easiest method to accept payments. Customers are led to a specific payment page when they click on a payment link. From there, they can carry on with their payments. Resellers can easily create a payment link if they have a subscription to OnlineCheckWriter.com – Powered by Zil Money. Links can be transmitted via email or SMS. Once the customers have accessed the payment links, resellers can accept payment from credit cards or bank accounts. Here, customers do not need to visit financial institutions or have a special app to make payments.
Why OnlineCheckWriter.com – Powered by Zil Money?
Many resellers prefer making payments using OnlineCheckWriter.com – Powered by Zil Money.
Here are some top reasons why OnlineCheckWriter.com – Powered by Zil Money, is the best option for resellers.
- The cloud-based platform allows you to create invoices easily. Resellers can generate invoices and send them to customers. Also, they can make invoice payments to their manufacturers using the platform.
- The cloud-based platform offers strong security measures that ensure that each transaction is safe. The platform allows you to monitor your transactions in real-time. This helps you to verify that your transaction is on the right track. Also, if you are making checks transactions, features like Positive Pay guarantee that only legit transactions are made. The customization feature allows you to add watermarks and other elements to your checks, which makes it impossible for fraudsters to copy your checks.
- Resellers may have to make recurring payments to some of their manufacturers. They can easily automate recurring payments with the platform. This helps them to reduce manual efforts and allows them to focus on something more important.
Conclusion
Resellers can benefit considerably by using OnlineCheckWriter.com – Powered by Zil Money. The platform offers multiple methods with which resellers can pay their manufacturers and accept payments from customers. ACH, wire transfer, check, payment links, and many more options offered by the platform give resellers the convenience they need.
