At Nationwide Merchant Solutions, we make sure we're up to date with the latest technology and financial trends. One of the latest payment solutions we have included in our portfolio is the micropayment services.
Micropayments entail a financial transaction involving a very small sum of money, usually $1 or less. We want you to know that we carry all three types of micropayment solutions available on the market.
As the name suggests, this transaction means that the customers authorizes you to charge him for a specific amount of cash that is then transformed into virtual currency. The primary benefit is that by paying a large sum upfront, your customers pay lower transaction fees. In addition, it provides your customers with the freedom of choosing how to pay (credit/debit card).
The solution entails that customers are charged for the amount of the transaction immediately when they purchase an item. The main advantage of this solution is that your customers will be paying only for the purchases they make. Moreover, it permits you to offer low prices on individual goods and to determine indecisive shoppers to purchase items that aren't normally sold in bulk.
Postpay micropayments refer to transactions where the customer pays after he/she made the purchase. Similar with the traditional online shopping models, the solution benefits the customer in the sense that he doesn't need to gather a large sum of cash to make purchases. In other words, the a-la-carte experience is preserved.
By choosing Nationwide Merchant Solutions as your partner, your business stands to gain the following advantages:
If you're ready to take advantage of our value added services and solutions, then don't hesitate to contact us today. Our staff will be more than happy to provide you with further details or answer any question you might have about our micropayment solutions.