Dec 3 2015
Posted by snelson
EnsureBill - Automatic Credit Card Updater
Consumers as a whole have embraced online bill pay, mobile wallets and credit cards for recurring monthly charges. If your business relies on autoship or subscription revenue this means more efficient revenue flow for you and a more convenient experience for customers.
Unfortunately, things change. Credit cards expire, addresses and names change, account numbers are updated and a whole host of very normal “life” circumstances can create snags in the flow of your ongoing recurring transactions.
These changes can disrupt your revenue in a significant way, create problematic customer experiences and consume valuable human resources fielding inbound calls and emails to sort through these various issues.
ProPay EnsureBill was designed to address this issue head-on. The service regularly and seamlessly updates customer information to improve the success rate of all your automated, recurring transactions. This has an obvious positive impact on revenue, improves customer experience and minimizes your customer service costs.
If your business relies on autoship or subscription revenue, ProPay EnsureBill can assure your recurring revenue recurs and your customers enjoy the benefits of ongoing electronic payments.
Learn more about ProPay EnsureBill, download more information here. Or call 888.227.9856888.227.9856.
Nov 28 2015
This holiday season ProPay wants to recognize those people who simply make the world a better place through our ProPayitForward Campaign with a Visa gift card in the amount of $250 USD. Chances are you know someone who has those amazing qualities that brighten a dull day, can always be counted on or selflessly give of themselves in any situation. The ProPayitForward campaign is designed to recognize people in these three categories:
The Radiant – People who embody positive energy and attitude. That kind of infectious, positive spirit that seems to lift up everyone around them.
The Dependable – The person you know will pick you up in the middle of the night at the airport in a blinding snowstorm or support whatever you need no matter what the circumstances.
The Generous – Those friends or family members who will be the first to volunteer to help you move, support someone who is struggling and do whatever it takes to be there for others.
Know someone who fits one of these descriptions? Simply post on the ProPay Facebook wall, tag ProPay and the person being nominated. Use the hashtag #ProPayitForward and explain why the person you’re nominating deserves to be recognized.
People like these improve the lives of others in so many ways, large and small. It’s an honor for ProPay to recognize these everyday heroes during this holiday season. Nominate someone you know today!
Nov 9 2015
Everyone is trying to make sense of Gen-Y, also known as Millennials, a population typically defined as those born between 1980 and 2000. This group has grown up with technology, a recent survey found that 97% of students in this demographic owned a computer, 94% owned a mobile phone, and 56% owned an MP3 player. They’re comfortable with technology and prefer electronic payment options.
Staying in synch with Gen-Y customers means being prepared to do business in their preferred digital channels, often debit or credit cards. ProPay makes this easy for financial institutions through our LenderPay service. LenderPay allows borrowers to make auto loan or mortgage payments quickly and easily with their Visa, MasterCard, Discover or American Express cards. Customers can fund accounts without being subjected to expensive cash advance fees. Credit unions can accept credit card and debit payments from borrowers without paying transaction fees.
Financial institutions must also balance PCI compliance issues, management of late payments from customers and integration of new hardware or technologies. LenderPay from ProPay makes it easy to offer the kinds of payment options that are so important to Gen-Y and others easily and efficiently.
If your institution isn’t convinced of the importance of serving Gen-Y well, consider this; the Census Bureau projects that the Millennial population was 74.8 million in 2014. By 2015 Millennials will increase in size to 75.3 million and become the biggest group. If your financial institution isn’t serious about embracing Gen-Y, you will be ignoring the largest population of buyers. The good news is ProPay is here to help you seamlessly support the evolving needs of this important audience. Contact us today to learn more about LenderPay.
Click here to learn more about LenderPay. Call 888.227.9856 or email email@example.com.
Nov 9 2015
Posted by snelson
Digital Payments, EMV, Industry News, Merchant Services, Micro Merchant, Mobile Marketing, Mobile Payments, Small Business Tips, Small Businesses, ecommerce merchant, financial tips
If you’re a member of one of the many wonderful direct sales organizations you know how important it is to have an effective payment solution. Even with amazing products your sales performance can be negatively impacted if the payment portion of your buying experience is lacking.
ProPay works extensively with direct selling organizations, is an active member of the Direct Selling Association, and understands the unique needs of this progressive market. If you’re new to direct selling or haven’t considered the importance of a solid payment partner, we’d like to share a few thoughts.
Seize the moment – Regardless of which type of direct selling organization you’re part of, they all share an element of timing. Whether it’s starting someone on the path to building their own business or providing a real-time opportunity to purchase products they’re excited about, nothing is worse than clumsy or broken payment processes derailing a positive experience.
Credibility – Sometimes potential customers are unsure about doing business with a direct selling company. Creating confidence is essential at these critical times. Scribbling down credit card numbers or fumbling with manual data entry doesn’t instill confidence and can create concerns for potential customers.
Access to funds – It’s frustrating to have your commissions locked away in some confusing back office process leaving you waiting weeks or months to get access to your hard-earned funds. ProPay offers solutions that can provide near-instant access to your commissions.
A partner who gets it – As mentioned above, ProPay is a veteran of the direct selling industry. We know the business and all it’s variations better than anyone in the payment industry and have proven our value over the years to the largest and most respected direct selling organizations.
As a direct seller you’ve selected a company you believe in with products you feel passionate about. It’s important to apply that same level of consideration to your payment partner. ProPay is the payment partner you can believe in.
Click here to learn more about our solutions for direct sellers. Call 888.227.9856 or email firstname.lastname@example.org.
Oct 22 2015
When the leaders of the financial services world get together, it’s kind of a big deal. Money20/20 is one of the most significant events in the financial services industry and ProPay is helping make it happen.
“As the industry’s primetime conference and trade show, Money20/20 delivers the biggest scale, best audience and most engaging event. Money20/20 is the largest global event focused on payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology. With 10,000+ attendees, including more than 1,000+ CEOs, from 3,000+ companies and 75 countries, expected at our 2015 U.S. event, Money20/20 is critical to realizing the vision of disruptive ways in which consumers and businesses manage, spend and borrow money.”
ProPay was selected to provide the payment platform for this prestigious event, enabling the financial underpinnings and support for this high-visibility, global meeting of the minds. ProPay was chosen based on our history of being a trusted, secure, innovator in the industry and a vendor worthy of this caliber of event. The easy API integration and seamless user experience made us a natural technology fit.
If you can attend it’s sure to be an amazing few days with the best and brightest in the industry, ProPay is proud to be part of this industry-changing event.