PayJunction, the US-based tech-focused payments company, has added Text to Pay capabilities to its No-code Payments Integration, Virtual Terminal, and API, enabling businesses to accept customer payments via SMS message.
PayJunction explained that by implementing Text to Pay into currency invoicing workflows, businesses will be able to better meet customer expectations while improving collection rates, contributing to overall revenue growth.
Text to Pay enhances the payment process for businesses that rely on its invoice delivery methods. Similar to emailed invoices, invoices sent via SMS message support attachments, customisable memos, and easy tracking. This functionality is available across PayJunction’s No-code Payments Integration, Virtual Terminal, and API.
“With consumers increasingly expecting to be able to receive and pay a bill on their mobile device, consumers and merchants are beginning to view Text to Pay as an industry standard, given how easy it makes payment acceptance for both parties,” said Todd Weiss, director of product at PayJunction. “Our Text to Pay offering provides a simple and intuitive way for businesses to streamline their operations and connect with customers where they are for more personalised payment experiences.”
Consumers are increasingly using their phones to make payments. Recognising this, PayJunction hopes Text to Pay will help businesses modernise the way they engage with customers. It explained that Text to Pay is easy to integrate into a merchant’s current tech stack and daily workflows, while alleviating many of the inefficiencies and bottlenecks of traditional invoicing methods.
With Text to Pay, businesses do not have to handle any cardholder information as they would if they processed a payment over the phone, which also helps protect the business and its customers’ sensitive information.
PayJunction is introducing the new solution following its new credit card surcharging capabilities and the launch of its No-code Payments Integration earlier this year, building on the company’s position as a leader in payment processing.