Businesses that use mail order and telephone order (MOTO) payment may seem like a thing of the past. Thanks to the new payment technology solutions that help traditional forms of payment to expand the way they accept payment as well as prevent fraud.
Good reasons for MOTO businesses to broaden their payment solutions and offer their customers new ways to pay.
Convenience – consumers value convenience. The more convenient they can pay they will stay, and not take their business elsewhere.
Increase Customer – Additional payment options automatically leads to more customers. What is convenient for one consumer won’t necessarily be convenient for the other. Giving them options of how to submit payment is the best way to keep a customer and make them happy.
Fast – Keeping up with the times will reflect well on your business. Many people these days expect no less than the latest. If a business doesn’t offer the kinds of payment types that are currently widespread, a consumer will consider the service not suitable to their needs.
Payment options that are currently shaping businesses to operate besides digital payment systems, other non-traditional payment options being utilized by many small businesses are e-checks and gift cards. These options also provide consumers with convenience and make products/services feel more accessible.
Mail order and telephone order (MOTO) businesses do operate by accepting card-not-present transactions. Card-Not-Present (CNP) transactions are a major route for credit card fraud. Using a reliable payment processing system is something to think about. NTC can help MOTO businesses, by keeping traditional payments quick and secure.
Give us a call now at 888-996-2273 or visit us at www.nationaltransaction.com