Top 10 Benefits of using Instamojo Payment Gateway to Collect Payment from Client | No Setup Charges and No Annual Charges conceptsmadeeasy.com/top-10-benefits-of-using-instamojo-payment-gateway-to-collect-payment-from-client
Top 10 Benefits of using Instamojo Payment Gateway to Collect Payment from Client | No Setup Charges and No Annual Charges
Top 10 Digital Marketing Courses in India to Maximize Growth of your Business About Payment Gateway: A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. The payment gateway may be provided by a bank to its customers, but can be provided by a specialised financial service provider as a separate service, such as a payment service provider. This article is about “Top 10 Benefits of using Instamojo Payment Gateway to Collect Payment from Client | No Setup Charges and No Annual Charges“ A payment gateway is a technology used by merchants to accept debit or credit card purchases from customers. The term includes not only the physical card-reading devices found in brick-andmortar retail stores but also the payment processing portals found in online stores
What is a payment gateway and how it works?
Payment gateway is a third-party between merchants and customers that securely take the money from customers and send it to merchant’s’ bank account. Payment gateway is a virtual equivalent of a physical point-of-sale terminal that located in most of retail outlets A payment gateway is a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. Join our Facebook Page Technical Help for latest News and Updates. Click here to Join.
About Instamojo Payment Gateway: Instamojo is a web based application that allows merchants and businesses to sell their products & collect money through this particular application. Merchants use their website to sell products and when customers complete a transaction, the money is credited to their account by Instamojo. Although Instamojo allows merchants to sell their physical goods but still it is popular among bloggers, eBook authors, photographers, designers etc with digital products. Hence, Instamojo is mainly for entrepreneurs selling digital goods like eBook, Digital files, event tickets, subscriptions and other services related to it. Instamojo is super easy to set up. They have recently introduced instant onboarding. Now, you don’t require any documentation to begin a trial account with Instamojo, simply answer a few questions and get started in minutes. For a full account, the bank statement and PAN card remain the only requirements. You can create a payment link or button, a page where you can list your products or services or directly request a payment.
1. Easy and Simple Signup Process on Instamojo
Signup Process on Instamojo is very easy and simple. It will take only single minute to complete the signup process.
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2. Your account on Instamojo will be approved within few minutes to max 48 hours Your account on Instamojo will be approved within few minutes to max 48 hours. No Need to submit Physical Paperwork.
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3. No Setup Charges and No Annual Charges The most important benefit of using Instamojo is it has No Setup Charges and No Annual Charges. The only you have to pay 2%+3 rupees on every transaction.
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4. You can collect payments with or without a website Collecting a payment using Instamojo, you do not require any website. You can collect payments with or without a website. You can send sends an Instamojo Payment link via email, WhatsApp or Facebook and collect payment from client.
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5. Instamojo has Easy Sharing Options You can directly share your link on all social media channels like WhatsApp or Facebook right after creating it from your dashboard. Send links to multiple people by uploading contacts in an excel sheet, or schedule them to be sent at a time of your choice.
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6. Online Web Store in Minutes You can create your own online store with all your products at one place, and customize it with a cover image and description of your business. You also get shopping cart and integrated checkout with all payment modes supported.
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7. All payment data at your fingertips Beautiful charts that show payment trends and customer demographics. Raw payments data is also available for you to search, filter and export.
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Sell digital content, such as e-books, music, videos, images, digital art or illustrations, by hosting it on Instamojo. Users pay you and download the content. This service is charged at 5% per successful sale.
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9. Security and Timely Payouts Fully secure and compliant. Customers can enter their card details safely. Stringent internal checks on all payments to protect you from fraudulent transactions. Low payment failure rate, enabled by smart real-time payment routing algorithms.
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10. Free Tools for Small Businesses
Invoice maker, QR Code Generator, Affiliate Marketing and many more tools to help you manage your business efficiently.
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