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Source: Clik2pay
Payment service provider Clik2pay continues to add to its feature set with the launch of the new Clik2pay mobile app.
This first-of-its-kind product allows merchants to collect funds from consumers, who can pay easily and securely online directly from their bank accounts. Having found initial success with large businesses, Clik2pay is now opening up this payment functionality to the millions of small businesses and micromerchants operating in Canada.
The Clik2pay app is free to download and easy to use. Businesses simply enter their customer’s name, mobile phone number, and amount owed into the Clik2pay app. Clik2pay texts the customer a link – or the business can present a QR code for the customer to scan. The customer completes the transaction directly and securely from their bank account. Because the payment takes place within the customer’s own bank, the transaction is secure and familiar.
“The high costs of credit card payments, on top of the economic slowdown caused by the pandemic, is really hurting small business,” said Mike Bradley, Founder and CEO of Clik2pay. “Card-based mobile apps can cost 3-4% of the sale, require a separate device to read the card and may result in chargebacks to the business. The Clik2pay app helps businesses contain card costs and manage cash flow by providing guaranteed payments in near real-time.”
Clik2pay is a unique online payments service that facilitates bill, invoice and online payments directly and securely from customer bank accounts. Payments are requested easily by text message, e-mail, checkout button or QR code and are processed at a fraction of the cost of other payment types. Clik2pay leverages multiple layers of bank-grade security and the highest standards for risk management by using one of the most secure money transfer services globally.
To use the app, businesses register and link their bank account directly in the app and are ready to receive payment in a matter of minutes. Transaction fees are 1% + $1 per transaction, with no hidden charges or extra fees.
Financial Services
