Benefit from offering recurring payments options
Depending on your business’ needs, setting up recurring payments may be incredibly beneficial for both you and your customers. If you’re accepting regular payments from shoppers for goods or services, you definitely have scope to work with recurring payments.
Simply put, recurring payments are automatic payments where your customers authorise your business to collect a certain amount of money from their credit card or bank account every so often (every month for example). That amount is deducted on the due date so your customers are aware of what to expect and your business benefits from steady cash flow, while never having to worry about late fees.
At Woven, we know how important recurring payments are in terms of your cash flow and steadily increasing your bottom line