Step 1: Choose Fincra
For a start, businesses must choose Fincra as a payment partner. Fincra helps businesses with solutions to everything about payment, from collecting and making payments online and offline.
Step 2: Set up an account with Fincra
The next step is to set up an account with Fincra to generate Payment Links. Businesses must create a free account to access our Dashboard.
Step 3: Create a Payment Link
After creating an account and meeting all Know Your Customer (KYC) requirements, merchants can generate Payment Links from the Fincra Dashboard to start collecting payments.
Merchants can specify whatever needs they want to fulfil with the Payment Links to get the right one that suits their purpose.
Step 4: Share the Payment Link
After generating a Payment Link, merchants can share it with their customers to make payments.
Step 5: Receive and track payments
When customers receive and click on a Payment Link, they get a Checkout flow with all the available payment methods. Merchants can get notifications and track payments on their Fincra Dashboard when customers make payments.
Use cases for payment links
As mentioned earlier in this article, several use cases for payment links exist. Let’s discuss some of them.
Small businesses: Small businesses can elevate their sales with payment links to simplify their payment process and receive payments more quickly.
Freelancers: Freelancers can use payment link generators to send invoices and receive payments for their services, eliminating the need for paper invoices and manual payment processing.
Non-profits: Payment links can help non-profits to accept donations and grants.
Social media sellers: Many businesses have mastered selling on social media. These businesses have gained customers and followers on social media and make sales. The regular practice has been using traditional bank accounts to receive payments. But with payment links, these sellers can optimise their payment and sell more.
Big businesses: There is a lot of legacy big businesses that have not fully adopted digital technology. The inability to sell from a website should not stop these businesses from selling online. With payment links, these businesses can take online orders and receive payment quickly.
Fincra provides payment link generators for businesses to create payment links and receive payments online.
The payment link generates a Checkout flow for businesses to receive payments with bank transfers, cards, mobile money and PayAttitude.
Businesses can create a free account to get payment links or speak to a rep to learn more about Fincra.