MAY 14, 2020
Payment Link - A simple solution to accept digital payments
It's now easier than ever to get paid fast.
Payment Link by PayTrace allows merchants to accept payments from customers, free from the constraints of card-present transactions. Many businesses are closed to foot traffic as part of their state's COVID-19 response, leaving some merchants to wonder how they can leverage online payments during this time.
Using this "contactless" transaction format, merchants can send out a payment link via email. This enables customers to make payments on their own time and reduces the hassle of working within different time zones and business hours.
It's extremely easy to add our payment button to your site. All it takes is a few lines of code to copy and paste into your website.
Best of all, credit card transactions processed on Payment Link can qualify for Level III interchange rates, potentially decreasing merchants' costs.
Payment Link works great for many types of merchants, including:
- B2B merchants
- Legal offices
- Medical offices
- Non-profit organizations
Brand recognition is a key part of e-commerce and Payment Link provides merchants with customizable options to match your branding. This solution also allows merchants to add a convenience fee, which can set as percentage of total payment or as fixed fee. We encourage merchants to use best judgement with this feature to ensure their compliance with card brand regulations.
For more information on Payment Link, watch the video below.