Ezpays is a Spanish company offering a modern solution to business-to-business payment management problems. They are experts in direct debit and payment gateways, this being one of the reasons why they are experiencing stellar growth as one of the payment solutions on the rise in Spain.
But What exactly does Ezpays do? For facilitates the collection of both recurring and one-time payments directly from the clients' bank accounts to the company's account, without intermediaries. Ezpays tries to avoid the clients the inconvenience of credit cards for regular payments. Basically what Ezpays offers its customers a faster, safer and cheaper payment service.
Fast, cheap and safe
It is fast because the process has been greatly simplified to avoid any friction with the customer, in fact They do not retain the money at any time. When the client pays, the transaction is processed without intermediaries. It is also doubly secure since Eliminate the risks arising from the use of fraudulent credit cards. And it's cheap because it has a commission of only 0,47% for requested payment.
So, if you know this world, you will know that transfers between companies can be frustrating if the process is not understood from scratch. However, with ezpays, the process is designed to be efficient at all stages so that there are no surprises. In fact, it is so intuitive that it is understood in one go. Let me explain.
When the purchase is made, The invoice is generated and the status is marked as "pending". An email is then sent to the customer with a payment link. By clicking on the link, The customer selects his bank and authenticates his account. Now simply the client authorizes payment within the bank portal and once the payment is completed, the invoice status in the ERP is updated to “paid”. As simple as that.
An effective solution against non-payments
Now, What if the customer has a recurring payment that they don't make? For recurring payments, Ezpays offers a simple but effective solution. In this case, the status would remain as "pending" until the payment is made. And In the event that the client does not pay on time, It can activate the collection serviceThis is a simple but very effective collection system.
And it is that, in the business world We must be aware of those processes that can make us lose money.One of these processes, perhaps the most important, is when the customer, for whatever reason, decides not to pay for a subscription service.
When this happens many companies choose to be aggressive and demand payment as soon as possible, but this It negatively affects the relationship between companies or with any client. But Ezpays knows this and that is why they have opted for this collection system, which is really effective and simple.
They use an effective debt collection system to avoid late payments
Simply Collections must be activated from the configuration panel so that payments are managed automatically and you can dedicate yourself to what you really want. Once configured, Ezpays will send reminders to customers' email 48 hours before the deadline payment. And if payment is not received, the invoice status changes to “unpaid” and collection is carried out.
After an initial email notifying the client of the payment due date, a few days later the client is offered a really interesting solution, Payment can be split into 90-day installments. If the client accepts, great and If not, a percentage surcharge will be applied that you can choose for the customer to finally pay.
As you can see, it is a system that will ensure that you recover the money owed to you in a professional manner and while maintaining a good relationship with the client.. Something essential if the product being sold is a monthly or long-term subscription.
Who can benefit from the Ezpays solution?
Well, actually any company can take advantage of this service, although it is aimed precisely at what I have already mentioned: Companies with a subscription or monthly business model and all types of eCommerce.
To take advantage of this opportunity, if you have a business that needs to be automated, you can also take advantage of Ezpays management, Right now they have a 14 day free trial to try out this service and see for yourself how it can improve the financial health of your business.
And if you think that this solution is not for you because of the complexity of setting it up, you should know that the company is aware that not everyone is a programmer. Nor is it necessary, since Ezpays has a payment API that allows you to adapt the system to each person's taste.That is, Ezpays gives you a trial period, lets you check the service they offer and in case you need to adapt their service to your business, allows you to modify it through API.
Everything indicates that the growth of this company will continue on a positive slope for a long time and without a doubt It is the future of electronic payments in Spain. So if you think your business can benefit from this service, whether because you have a webinar, an ecommerce or you are simply tired of not getting paid for your services, Request your 14-day trial and optimize your company's performance with Ezpays.