Tips For Online Invoicing and Finding the Right Merchant Account Company

Today one of the most important aspects of running a successful business is to make sure that you streamline the payment process. You want to make it easy for your business to not only bill clients, but also easy for your clients to pay those invoices. The best way to do that is to set up your invoicing online. Online invoicing allows customers to easily create, track, and send invoices and accept credit card payments instantly. This alleviates the stress of all the paperwork involved and allows businesses to focus more on the important aspects of running their business.

Also, it ensures that the credit card payments you receive are good and won't be declined once you process the credit card and that you get paid in a timely fashion. No more the check is in the mail or I'll pay that invoice tomorrow. By setting up auto-billing you can automatically charge your client's credit card. This is perfect for retainer and membership fees whereas billing is done on a regular basis. The bottom line is that you now have control. You're back in charge of your finances.

And it's so easy to do. The key is to find the right company that offers all the features you need. You want a company that can offer the following:

  • The ability to collect payments online and get paid immediately with a credit card.
  • The option to create, email, print, and manage all invoices.
  • The ability to set up automatic and recurring billing.
  • The ability to create professional looking invoices.
  • The ability to send notifications on recurring transactions that a charge is going to be processed.
  • Easy processing. Many companies make it so that you can start accepting payments within minutes.

One method for setting up online invoicing is through a virtual terminal, which is basically accepting payments virtually. Payments are made remotely with 24-hour access to a secure network providing instant authorization on credit transactions. Some systems also allow shopping cart capabilities and the ability to add a merchant account to an existing shopping cart or establish a new shopping cart.

Some credit card processing companies also offer additional services including the ability to accept payments over the phone. This is perfect for businesses that conduct work in and out of the office allowing them the ability to not only accept payments online but also through their existing phones, even their iPhones. So even when out in the field conducting business, sales can be processed.

Businesses that can benefit with online invoicing include virtual assistants, home-based businesses, service-oriented businesses, online retailers, those in direct sales, speakers, coaches, and so forth. Anyone who needs the ability to accept credit card payments quickly and efficiently can benefit.

Getting paid for your services and products is so critical to a company's bottom line. To make sure you get paid regularly by your clients find the merchant account processing company that meets all your needs today and in the future.