Summary
Trakker Payment+ is an Integrated Payment Processing system that allows customers to easily pay invoices online. Trakker will immediately be updated about their payment and update QuickBooks with the payment information.
- Invoices are created in real time in the field
- They are immediately automatically emailed to the customer
- The customer can pay online any time day or night 24/7
- The office has no data entry for the invoice or payment
- Money is typically deposited into your bank account in 24 hours
What is Trakker Payment+
Trakker Payment+ is an advanced Integrated Payment Processing System designed to make accepting payments effortless for you and your team.
When an invoice is generated, a payment page is automatically generated for the customer to make payments through. So, when the invoice is automatically emailed to the customer, they can click on it and immediately pay it online.
Not only is it super easy for the customer, but Trakker is immediately updated when a payment is made. That payment is also passed to QuickBooks undeposited funds. And the money is of course deposited into your bank account typically the very next day.
All the office needs to do is reconcile the deposits from the bank with QuickBooks.
Benefits for You
- Improve Cash Flow: With integrated credit card processing, you receive payments faster. You don’t have to wait for customers to write a check and wait for it to arrive and then be deposited. This helps your cash flow.
- Increased Security: Check fraud is on the rise, and checks are being stollen from mailboxes. Integrated credit card processing reduces the risk of theft or loss since payments are directly transferred to your bank account. It also provides a digital record of transactions, making it easier to keep track of payments and refunds. The Trakker Payment Portal is completely PCI compliant.
- Reduce Employee Data Entry Time: When an invoice is paid through the Trakker Payment Portal, the payment is automatically applied to the customer’s invoice, saving data entry time of having to find the customer and assign the payment to the correct invoice.
- Updates QuickBooks: Because it comes through Trakker, when data is passed to Quickbooks, all of the payment information is passed to QuickBooks as well. Again saving your staff time and reducing the errors that occur due to double data entry.
Benefits for Your Customer
- Convenience: For customers, paying with a credit card is often more convenient than writing a check. All they need to do is click on a link and fill in the Credit Card details and they are done.
- Security: Paying with a credit card offers additional security because the customer’s personal and financial information is protected. The customer feels more comfortable because in the unlikely event that there are any issues with the service or payment, customers can dispute the transaction and request a refund.
- Digital Receipts: When paying with a credit card through the Trakker Payment Portal, the customer receives a digital receipt via email. This makes it easier to keep track of expenses and provides a record of the transaction for future reference.
How does Trakker Payment+ Work?
Trakker Payment+ can process payments through various devices and platforms. So, if the customer is at their computer, they can pay from their desktop. If they are on their phone, they can pay via their iPhone or Android. If your field staff are at the customer site with their tablet, they can process the payment. Some customers may still prefer to call in. They can call and the office staff can process the payment.
In addition we will soon be offering an option for the customer to opt-in to auto payments. So in a very secure PCI compliant way, their credit card or bank account can be set up to be automatically charged when their next invoice is generated. Saving everyone time and effort.
What can Trakker Payment+ Accept?
Trakker Payment+ can accept all major credit and debit cards and will soon be able to process ACH as well.
What Makes Trakker Payment+ Stand Out?
Trakker Payment+ is just one more way how Trakker can save you and your staff hours of work every day, while helping to get you paid faster and improving your businesses cash flow.
What About Processing Fees?
Sure, no one likes fees, but they’re just a part of doing business, like fueling your vehicles or restocking chemicals. And guess what? Card processing fees actually come with some major perks:
- First off, they provide protection against fraud, keeping your business safe and secure.
- Plus, customers’ card rewards programs can actually encourage them to spend more, boosting your sales even further.
- Don’t forget, accepting card payments means you can collect payment from any channel, making it super convenient for both you and your customers.
Accepting credit and debit card payments from customers often translates to higher ticket sales during each individual service appointment. On average, customers paying with a card spend 15% more per service order; it’s hard to imagine any savvy business owner turning down a 15% increase in sales. Among small businesses, 83% of those who accepted credit cards saw an increase in their sales figures.
When you consider all the benefits these fees are a small price to pay, they’re definitely worth it.
Conclusion: Integrated Payment Processing is a Win/Win
Field Service Trakker with Trakker Payment+ is a fantastic innovation that benefits both you and your customers. It simplifies the payment process, making it quicker, safer, and more convenient for everyone involved.
Contact us today to find out more and to get the Trakker Payment Portal set up for your business.