In today’s day and age, consumers have very little patience. They want to complete their transactions in the shortest amount of time possible. In fact, this study shows that an average online buyer will not wait for more than three seconds for a page to load on a website! A slow purchase process can ruin the entire experience for your customers and bring your business to its knees. If you are one of the few business owners who is using a manual purchase process, then you are missing out on many opportunities. Especially when you could be partnering with an “end-to-end” payment processor who can offer you and your customers a faster transaction process.
The benefits of end-to-end payment processing for businesses.
As a true end-to-end payment processor, NAB offers merchants all over the world an efficient way of processing their payments, saving them valuable time and money, and eliminating points of failure. Let’s explore some of the ways an end-to-end payment processor can benefit you and your customers.
It saves time and speeds up the payment process.
Instead of transactions moving through multiple independent parties, which allows for more points of failure and can create delays in the payment process, an end-to-end processor oversees the entire payment process. That allows for faster, more seamless transactions, improving your customers’ checkout experience and increasing your cash flow.
It helps keep data secure and saves you money.
One of the primary reasons why a majority of merchants prefer end-to-end payment processing is because of its cost. Operational expenses can increase drastically depending on the number of independent parties that are involved in your transactions. Another reason why end-to-end processing is desirable is because of the next-level security it offers. Having multiple vendors can increase the chances of sensitive cardholder data being exposed. This, in turn, increases your vulnerability for fraud. End-to-end processing helps to eliminate such vulnerabilities.
One proven way to increase revenue is to increase efficiency. With end-to-end processing, you can increase your company’s operational efficiency, while maximizing your revenue.
How can we help?
It’s time you start exploring new and improved processes of business management that can help you fine-tune your operation and increase your profitability. North American Bancard has been serving merchants and making their lives easier since 1992. We offer risk-free, month-to-month service agreements with no hidden or cancellation charges.