Pay by Links are the ultimate solution for simplicity and efficiency. In today's competitive landscape, offering a fast and frictionless payment experience is key to driving conversions. But what exactly are Pay by Links?

Pay by Links are custom links sent directly to customers via email, SMS, socials or embedding into invoices, leading them to a checkout page for a seamless payment at their convenience.

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Who benefits from using pay by links?

• Companies without a website: Whether you're a budding startup or a large enterprise without an online presence or website, pay by links present an ideal solution. They offer a swift and hassle-free way to collect payments, even when customers aren't physically present or when traditional card machines aren't available.

• SMS marketing aficionados: If SMS marketing is integral to your brand strategy, why not extend its utility to payment collection? Leveraging your contact list for both sales and payment collection streamlines the customer journey and enhances convenience.

• Collections Teams: Businesses tasked with managing a high volume of payments across diverse customer segments find salvation in pay by links. By automating the process and issuing links in bulk, businesses can significantly boost their collection rates. With Boodil’s platform you can leverage its API to mass send out payment links at bulk.

• Companies that take payment over the phone: For businesses routinely accepting payments over the phone, manually capturing card details can pose security risks. Instead, sending a payment link during the call ensures enhanced security and customer peace of mind. Plus, customers are more likely to have their phones handy, enabling a seamless payment experience rather than having to find their card details and reading them out over the phone.

Here's why businesses should embrace this innovative payment method:

• Versatility: Pay by Links can be sent over or copied into a variety of communication platforms and enable the customer to be checkout at their convenience.

• Trackability: Integrated platforms like Boodil enable real-time tracking of payment links, optimising fund collection strategies.

• Security: Utilising Boodil’s 2 factor authentication open banking payment method ensures secure processes. These Pay by Links prioritise the safety of both merchants and customers.

• Customisation: Tailor Pay by Links with branded visuals and personalised messages, enhancing trust and engagement.

• Convenience: Automate link distribution and provide a mobile-friendly experience for effortless payments.

• Cost-effectiveness: Compared to traditional methods like cards, Boodil’s Pay by Links offer lower payment costs, instant settlement of funds whilst eliminating chargebacks. We also offer the ability to have an integrated card solution if required.

• International Reach: Reach customers across the EU by sending Pay by Links internationally across the locations where we operate (UK, Netherlands, Germany, France, Spain, Belgium and Portugal).

• Reporting: Boodil’s Portal back end enables you to easily track which payments have been made and which are still outstanding. You also have the ability to automatically trigger reminder payment links for any outstanding payments that have not been made.

• Set up recurring (Or variable recurring) payment Links: With Boodil’s payment platform you can set up either fixed amount or variable amounts for payment links to go out on set dates across the year.

While Pay by Links offer unparalleled benefits, businesses can also explore alternative payment methods such as point-of-sale systems, online checkouts, and social commerce via the Boodil payment solutions. To choose the right Pay by Link service provider, consider factors like ease of management, transaction data accessibility, security features, and processing capabilities.

At Boodil, our Payment platform provides comprehensive solutions for managing, tracking, and reporting of all Pay by Links with industry leading security standards.

Simplify your payment process and enhance customer satisfaction with Boodil today.

Reach out to us here if you are interested in finding out more.

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