Are you a small business owner struggling to get paid in a pandemic world?
In the good old pre-COVID days, small businesses were accustomed to invoicing their clients and getting paid by cheque. But all of that has changed due to the recent healthcare crisis. Many customers and suppliers are now moving to electronic wire transfers as their preferred contactless forms of payment. In response, popular small business invoicing systems such as WAVE Accounting and Freshbooks have implemented new payment models integrating payment methods such as Stripe.
The claim is that these payment methods get you paid faster and they are convenient to use:
► Businesses don't need to disclose any banking information to their customers.
► A standard check out process that accepts payments in any currency.
► Customers can pay their bills using debit or credit, thus improving their cash flow.