Enhanced Customer Experience
Text-to-Pay meets customers where they are—in the moment, on their phones. This convenience improves the overall customer experience by providing a quick and seamless payment process. No need for customers to queue, wait, or manage complex payment methods.
Faster Payment Processing
Transactions are completed in seconds, which not only enhances customer satisfaction but also improves cash flow and reduces the time spent on payment reconciliation.
Increased Security
Text-to-Pay incorporates robust security measures, including encryption and two-factor authentication, to protect sensitive payment information - reducing the risk of fraud.
Higher Payment Completion Rates
Since the payment process is streamlined and integrated into a familiar platform (SMS), customers are more likely to complete their payments, reducing cart abandonment and boosting overall payment completion rates.
Another real-world example: Text To Pay also works for Ecommerce. Imagine you’ve added items to your cart online. You really do need to order the new linen set because you have guests arriving next week, but you haven’t completed the purchase because timer for the oven went off. You receive a text message with a reminder and a payment link. With a few quick taps, you can review your cart, make the payment, and complete the purchase right from your phone.