Local Payment Processing in More Places with South West POS Technologies & Instabill
Our partnership with Instabill has brought our clients a list of affordable financial services. Now, you can utilize local payment processing across multiple countries or regions. That means more of your customers can pay with their MasterCard, Visa, or American Express.
What Convenient Payment Options Does for Your Business
There was a time when people paid with cash almost exclusively. Things have changed a lot in the last few decades. Now, people rely on their debit and credit cards more than the cash they used to carry in their wallet.
Payment processor TSYS conducted a survey in 2017 that included 1,000 consumers. The results found that 33% preferred credit cards and 44% preferred debit cards. Only 12% chose cash as their preferred payment method.
Despite the obvious preference, many small businesses still only accept cash. While it can make things easier when it comes to managing funds, it will inevitably lead to lost sales. Some people choose to not carry money around with them, relying entirely or mostly on their cards. By expanding your payment options, you will be opening up your doors to those people while making the experience more convenient for all customers.
Offering a familiar form of payment can also help build trust among consumers. Accepting all or most of the popular payment methods will send a message that your business is up-to-date and invested in customer convenience and satisfaction.
Benefits of Using Instabill to Accept Payment
Using Instabill will immediately introduce several benefits to your business, including:
- Quick Integration with Minimal Downtime – Setup is easy and requires minimal downtime. You can introduce this powerful tool to your company using a one-time integration with the partner platform. Get your new payment processing service up and running so you can start using it sooner.
- Increased Potential to Earn Revenue – As soon as you begin accepting more payment options in more places, you will grow your potential to earn revenue. Instabill has reached new markets, giving you the opportunity to increase your customer base.
- Expansion into New Markets – Instabill bridges the gap between you and places where accepting payment was previously challenging. Choose your target market and preferred payment methods like UnionPay, JCB, or Alipay.
- Accept Form of Payments Customers Recognize – Customers are more willing to buy when they can pay with a service that they recognize. Instabill works with local payment systems so you can build confidence in potential customers.
Where Can I Accept Payment with Instabill?
Instabill’s reach is broad and includes several up-and-coming markets that could make a huge difference in your profits. The system currently supports payment processing through:
- Latin America
- Asia Pacific
- Middle East
Each region includes a long list of accepted payment services. Contact us to find out if a service you would like to accept is included or to learn more about how Instabill can grow your business.