How To Set Up A Pay Per Text Service

Non-profits organizations and for-profit businesses alike tin can take advantage of this easy payment method by agreement the fundamentals of text payments and working with a company that can support the service.

By now, you lot've probably seen announcements request for donations through text messages. Various charitable organizations like the Crimson Cross have fabricated donating like shooting fish in a barrel – just text a particular give-and-take to a brusque (usually five-digit) number to brand a $10 donation. The amounts and other variables tin can be adjusted for different purchases or donations.

Only you don't have to be a non-profit to use text to pay.

How it Works
- For Customers
- For Businesses and Charities
Benefits to Businesses
Text to Pay Companies
Costs for Text Payments

How It Works

Sending and accepting payments by text is straightforward. Customers tin can text the number assigned to your business by the text payment company. As with all SMS text messages, the message must exist 160 characters or less.

For Customers

The process of sending a payment via text is the aforementioned as sending any other text bulletin. They'll send the information to a specific number. For some services, the payment gets added to the customer's telephone bill. In other cases, the customer will have an account with a text bulletin payments company, and will add their credit card, debit card, or bank account and pay using one of those methods.

For Businesses and Charities

When you lot decide to have payments by text, you'll piece of work with a company that will provide you with a phone number for customers to text, and a dashboard for you to manage texts and payments. Some services let you to program canned responses and so you lot can more chop-chop answer common questions or ostend details with customers. Additionally, by using transaction reporting and analytics, y'all may be able to encourage repeat visits and sign upwards customers for loyalty programs, or send promotional materials. The screenshots from Sonar, beneath, prove examples of effectively marketing to customers through the messaging service.

Sonar SMS text example

As you lot can see, it'due south possible to engage customers with text and images to increase sales and encourage repeat business concern.

Benefits to Businesses

Many customers indicate a preference for texting over phone calls. If your target market is familiar with and prefers texting, information technology could give you lot an edge over businesses that they have to call to place orders, volume appointments, or make payments.

Some services may too allow yous to offer discounts for echo purchases, building loyalty.

Text to Pay Companies

To have payments past text from your customers, you'll demand an account with a processing company that enables SMS text payments. Fortunately, there are several options already, with more than appearing as the service becomes more popular.

Rhombus, powered past Stripe, is a Washington DC-based visitor that focuses specifically on text payments. The visitor sets up businesses and non-profits with a specific Rhombus number that customers can text. When making a buy or a donation, customers simply text your number with the amount of the payment and a description of the purchase. For example, a customer purchasing a $12 pizza past text would send, "$12.00 large pizza." Customers will receive a confirmation text and an email receipt.

Read our total Rhombus Review.

Payment Savvy, a payment technologies company based in Texas, offers pay past text with reminders when bills are due. Customers tin provide their mobile number to your business to receive alerts when it'due south time to pay. Customers tin pay directly from their phones past text using their credit or debit card.

Sonar, some other customer text messaging company powered by Stripe, provides a defended telephone number then customers tin can text you with questions about products/services, place orders, and pay for purchases without having to make a telephone call or visit your store. Sonar claims that the process of integrating text payments through your Stripe account is very like shooting fish in a barrel, only requiring minimal code.

Do you apply a dissimilar pay-by-text company? Permit us know in the comments!

Costs for Text Payments

There is no cost to customers beyond the transaction corporeality.

Costs for businesses and non-turn a profit organizations vary depending on the company and program levels you choose. Some companies charge a monthly fee for the text services equally well equally a percentage and transaction fee for each payment you take. Exist certain to consider all costs when determining the correct SMS text payment system for your business.

Take you accepted payments by text at your business concern or clemency? What practice y'all similar and dislike about information technology? Permit us know in the comments!