Explore payment processing solutions
Accepting and processing payments is the lifeblood of every business. However, choosing the right solutions to facilitate this is far from simple. VallettaPay can be your solution.
You need to thoroughly evaluate your business, its customers’ needs and the characteristics of your goods and services to determine which solutions are most suitable. The importance of the payments experience is often underestimated and undervalued. There is a range of factors related to your business, your sales process and your customers that dictate which solutions are best for your organization.
We, at VallettaPay offer a number of solutions which might be suitable to your business. You need to learn which are the most relevant and suitable for your business.
Prior to looking for a payment services solution, ask yourself these questions:
- What kind of products and services do you offer?
- Are your products or services being sold online, offline or both?
- How long have you been in business?
- Are you in a transition period?
- What are your target markets?
- What sector is your business in and who are your competitors?
- Are you entering a new market?
- What is your business size and its dynamic?
- How many transactions are made each month?
- What about your ticket size?
The answers to these questions will help you in making the right choice when selecting your payments service provider.
Mapping out your sales process will help you to plot your customers’ path to purchase and reveal where any friction points are.
The result of this work is something that prospective payment service providers will need to see to align the payments experience to the sales process and find solutions to any friction points.
Finally, ask yourself what special requirements you might have that a payment service provider should know. What reporting, invoicing and functions do you expect from your payments service provider? There are both good and not so good solutions out there. What is suitable for one merchant might not be fit for another. It’s only when you ask these questions and thoroughly analyze things that you’ll be able to find the right solutions for your business.
At VallettaPay, we are here to assist you. Contact us today. Let us assist you.