For independent software vendors (ISVs), creating a more integrated payments approach could spell success for the future. Let’s go through some of the benefits of ACH processing for ISV payments.
What’s an ISV?
ISV is short for independent software vendors. But what does that mean? ISVs are software publishers, individuals, or organizations that develop, market, and sell software solutions designed for both niche businesses and large industry corporations.
And there are a host of benefits to integrating ACH and other digital payment methods with ISVs.
Improved Security & Experience for End Users
Cybersecurity concerns are becoming more and more serious. And as the world continues to depend more heavily on digital solutions, cybercrime is growing and evolving right along with it.
ACH payment processing is one of the most secure ways to collect payments and trade financial information. It’s also much faster than other methods, giving bad actors an impossibly small window to corrupt or steal financial account information from any business or individual.
ACH can also help provide streamlined transactions that are user-friendly. Creating a frictionless process also means fewer barriers for potential customers – we have all abandoned a purchase online because the payment process was confusing, frustrating, or suspicious. ACH for ISVs means a better reputation for the merchant, and a better experience for the customer.
You Can Leverage Automation
Merchants can also enjoy the benefit of automating certain payment processes. This will allow you to boost efficiency, lower costs, and provide a convenient recurring payments system that your customers will be able to take advantage of.
ReliaFund’s all-in-one payment platform is quick and easy to incorporate into your operations, which leaves you more time to onboard new customers, process higher numbers of transactions, and rest easy knowing everyone’s financial information is organized and protected.
When selecting a payment processing partner, ISV merchants want to ensure they are protected and supported. In this fast-paced digital world, merchants need quick response times and helpful solutions, because time lost is revenue lost.
ReliaFund not only offers professional advice and support on everything from day-to-day issues to strategic advice, we also strive for the quickest response times. On top of that, every merchant who partners with ReliaFund is assigned an account manager to help you with any and all support needs you may encounter.
ACH Gives ISVs a Competitive Advantage
Integrating your ISV payments by leveraging ACH processing helps you to anticipate client needs, generate revenue, and increase your business’s valuation. Customers are looking for fast service, but they are also looking for security and innovation too.
ACH for ISVs increases the speed and efficiency of your transactions, and your financial process both internally and externally. It also means better time management – your ISV can focus on growing your business and assisting customers and clients, rather than slogging through inefficient payment gateways and multiple payment processors for checks versus credit cards, and the like.
Streamline Your ISV Payments
Contact us to learn more.