As a small business owner, getting paid on time is key to keeping cash flow smooth and stress free. After dealing with late payments, I turned to mobile payments to simplify invoicing and make it easy for clients to pay quickly. Here are 5 ways I get paid faster with mobile payments.
1. Send Payment Links Immediately
One of the biggest wins was when I started sending payment links to clients as soon as a job was done. Even before I’ve had a chance to create a formal invoice, I send a quick link via mobile and clients can pay on the spot. Tools like Xipster make this easy, you can send links that clients can pay instantly. This saves time and always gets paid quicker.
2. Automate Recurring Payments for Ongoing Clients
For clients with ongoing work automating recurring payments has been a game changer. Setting up automatic billing for these clients has saved me time and removed the hassle of sending multiple invoices. This is especially effective for businesses with subscription or retainer models. Using mobile payments ensures money is collected regularly and cash flow is smooth.
3. Use Mobile Friendly Text Reminders for Payment
Text reminders have a much higher open rate than emails which can easily get lost in the inbox. For clients who need a nudge I send friendly reminders via sms to follow up on outstanding payments. Xipster’s two way texting service allows for easy communication and clients can reply if they have any questions. These reminders get quicker responses and faster payments.
4. Offer Multiple Payment Options
Not all clients prefer the same payment method and some will delay paying if their preferred method isn’t available. I got paid faster once I started offering multiple payment options including credit card, Apple Pay and Google Pay. By giving clients options you make it easier for them to pay you on time. Xipster supports multiple payment methods which increases the chance of getting paid quicker.
5. Track Payments in Real Time
Being able to track payments in real time has helped me stay on top of things and act fast on overdue accounts. With Xipster’s Payment Dashboard I can see which invoices are paid, pending, declined or overdue. This visibility makes it easy to follow up and ensures no payments fall through the cracks. Xipster also integrates with leading accounting software like QuickBooks and Xero so you can enhance your financial operations with efficient payment links.
Conclusion
Getting paid faster is all about making it easy for clients. With Xipster’s sms payments you can simplify collections and cash flow. I’ve implemented these strategies and saved time, reduced stress and can focus on what really matters—growing my business.
Try a few of these out and see what works for you. By making a few small changes you can change your payment process, improve client satisfaction and keep your business financially healthy.