How to Get Paid Faster: The Best Payment Strategies for SMBs

As a small business owner, keeping cash flow steady can be challenging. Delayed payments can disrupt operations, but these strategies will help you get paid faster.

Embrace Mobile Payments

Mobile payments solutions like Xipster let you send payment requests directly to your customer’s phone, allowing instant payments via credit cards, Apple Pay, or Google Pay. This eliminates delays from traditional invoicing.

Utilize SMS Payments

With Xipster, you can send a secure payment link via text. SMS has a 98% open rate, meaning customers see and act on payment requests faster.

Offer Multiple Payment Options

Providing options like credit cards, mobile wallets, and ACH transfers ensures customers can pay in their preferred way. Xipster offers a single payment link supporting multiple options.

Use a Payment Link for Small Business

A simple payment link for small business removes invoicing hassles. Share it via email, SMS payments, or social media, and customers can pay instantly.

Automate Recurring Payments

For ongoing services, automate payments to ensure timely transactions without reminders.

Send Payment Reminders

Use Xipster’s SMS reminders for due payments, reducing late payments.

Final Thoughts

Using mobile payments, SMS invoicing, and payment links speeds up transactions and improves cash flow. Simplify your payment process with Xipster today!