Payment links are one of the best solutions for business owners to accept payments without any tech integration process. They are the best fit for any business that doesn’t have official websites for payment integrations.
The innovation helps business owners to connect their business to online payment and online systems. This could potentially increase transaction effectiveness and business growth in general. Interested to know more about payment links? Take a look at the article below.
Payment Link Meaning
Payment Link (PL) is an advanced link to access the payment page and make payments. In Indonesia, the payment page supports various payment channels such as credit cards, debit cards, virtual accounts, e-money, and QRIS.
Payment link is suitable for businesses without a website business because you don’t need to make any tech integration process. You might wonder, then how the link is created if there is no integration. The solution is through an application.
Business owners need to download the application and then register their business to the system. Download Instapay by iFortepay on the App Store or Play Store. Follow the instructions to register and verify your account.
The verification process is necessary because the system needs to get your bank account number to proceed with the settlement process. The settlement process is automatic in D+2 without regular submissions to the system.
How does Payment Link Work?
After the registration and verification process, business owners can create PL via a mobile app. Input invoice amount then fill customer’s data if needed. You can send the link to customers through WhatsApp, email, or other chat messaging platforms.
Next, customers will open the link through the browser without downloading any other app, and no sign-in/registration is needed. Customers will choose their preferred payment method, for instance, credit card, and then they need to follow the guidance to finalize their payment process.
Business owners will get real-time notifications on their mobile phones every time the customers successfully pay their PL. All of the transactions will be automatically recorded on the mobile app which helps to manage transaction data.
