Have you found managing financial transactions to be one of the most difficult and problematic aspects of running your beauty business? If so, you’re not alone. Investopedia found that managing finances is one of the biggest problems that small businesses face.
Over the years, technology has simplified many business practices. If you have implemented online booking in your salon or spa, way to go! Now let’s go a step further: Have you thought about adding online payment services for your beauty business?
QuickBooks lists mobile and online payment services as the top trend for small businesses in 2016. Enabling clients to make payments online has a number of benefits to both you, as the business owner or manager, and your clients. Read on to find out how implementing online payments benefits everyone involved and could be one of the smartest business decisions you will make.
- Quick, Convenient & Efficient
The most clear benefit of using an online payment system is the convenience it provides. Credit card processing systems can often develop kinks, causing delays for your staff and clients, which no one should have to deal with. Checks take time to clear and can become a hassle. Allowing clients to pay online for products and services is convenient for them and allows them to do it from the comfort of their home or on the go. And it gives your staff more time to cater to other matters onsite.
2.Allows for Simple and Secure Future Payments
Once a client has made an online payment, future payments just get easier: If a client has paid for products or services once, his or her information is already in the system. This makes each payment thereafter quick and efficient. In the past, there was some anxiety attached to sharing personal credit and account information online, but security practices have made online payment transactions more secure than ever.
3.Keeps You Organized
Managing your business’s finances can often be tricky when you are dealing with various methods of payment: cash, credit/debit cards, and checks. Keeping track of various transactions across multiple payment methods can become confusing, but by utilizing online payment services, clients’ payment history is easily tracked. This keeps you more organized and leaves less room for error.
If you were on the fence whether to implement the use of online payment services for your salon or spa, you can see here the benefits they provide for you and your staff, as well as your clients. Try it out, and find even more ways an online payment system simplifies your business and your life.
Keep us informed! How has implementing an online payment system benefited your spa or salon? Comment below!
About the Author
Erica Brooke Fajge is a contributing author for Booker by MINDBODY. She has extensive experience in the tech and digital marketing industries, specifically in web content, online publishing, and startups. Erica also shares her expertise as an adjunct instructor at the Fox School of Business at Temple University in Philadelphia, where she teaches Business Communications in the Department of Marketing and Supply Chain Management.More Content by Erica Brooke Fajge