What is “Pay by Link”?
Pay by Link is an innovative payment solution that simplifies transaction management for businesses and consumers. SMS This new payment method allows businesses to send a payment link directly to customers via email or messaging applications (social networks). Customers can then pay an invoice or make a payment in just a few clicks. Therefore, without having to connect to a website or a specific banking application.
SMS Why choose it as a communication channel?
SMS As a reminder Facebook deliverability is far superior to its competitors. Therefore, such as email or social networks. For example, the average delivery rate of an email is 85%, while the organic reach of Facebook posts is 5.5%. SMS The website, with an sms promotional campaign open rate of 98% and a response rate of 45%, offers an undeniable competitive advantage when it comes to effectively reaching its target audience. SMS And these are not the only KPIs in which it stands out .
Furthermore, this means of communication is universal: it is compatible with all operators, regardless of the subscription, the phone model or the applications installed. It is therefore the most reliable way to reach your customers when it comes to providing crucial information or replacing a card, as in the case of payment by link . The conclusion is simple:
Create links to extend payment methods. SMS This new service also seems to be a solution for the future. Therefore, as 62% of consumers under 35 would like to be able to make their payments via (source: getweave).SMS An advantage confirmed by the state of the payments market at . Buoyed by the popularity of mobile sms temporary work the essential tool devices, e-commerce and growing consumer expectations for security, it seems to have a bright future ahead of it.
SMS How does payment via work?
This new link-based payment technology works simply, quickly and efficiently.
1- When a customer needs to make a payment, the company generates a unique and secure link through its banking platform.
SMS smsmode 2 – This link is then sent directly to the customer via the chosen communication medium (for example, using the API).
3- Once they receive the message, they simply click japan data on it to be redirected to a secure online payment link. They will be able to review the transaction details, choose the service they want to use for payment (bank card, e-wallet – Apple Pay or Google Pay. Therefore, for example) and complete the payment in a few steps.
Once the action is complet. Therefore, the customer receives immediate confirmation, as does the company.