How to Use Automatic and Recurring Payments to Get Paid

We’re sharing how to make sure you’re paid repeatedly using a new version of online invoicing. Using online invoices helps you get paid much faster, and with recurring payments, you can get paid automatically at the same time each month.What Are Recurring Payments?

Recurring payments are automatic payments you collect from your clients’ credit card or bank account (once they’ve authorized it). The same amount is deducted automatically on the monthly due date.

How Recurring Payments Make Your Life Easier:

Not only are recurring payments easy to set up, but you gain so much from it. You AND your clients will enjoy the seamless experience. These are just some benefits that will make your life easier:

• Save time—You no longer need to re-send invoices each month manually. Just enter the relevant information into your payment schedule once and forget about it.

• Improve cash flow—Get paid for all your hard work, every time. That’s what happens when payments are automatic.

• Get paid quicker—Stop waiting for your clients to approve new invoices each time and tracking each payment status. Free up time to work on what you’re actually meant to do.

• Provide a better client experience—Clients approve the recurring payment schedule once and never have to worry about missing a payment again. It’s easier for your clients and easier for you; it’s a win-win for everyone.

The executive director of Freelancers Union in New York City (Caitlin Pearce) said, "Slow payments and missing payments are by far the biggest issue for freelancers. Freelancers experiencing non-payment lose an average of $6,000 annually."

Who Are Recurring Payments Made For?

• Freelancers—Now you can bill your clients each month in seconds and save time in paperwork and manual payment tracking.

• Entrepreneurs with passive income streams—If you’re earning extra income, whether it’s from downloadable content, workshops, etc., you’ll easily get paid once you set up recurring payments.

Experience the Beauty of Automatic Paydays

Using an online payment software helps you streamline the invoice process for you and your clients, can get you paid instantly, and might double your revenue.

Automated paydays will change your life and your business forever. It is imperative that you take your business seriously in order to take it to the next level and to ensure your success. If you don’t take this seriously, who will? Make sure you have all the tools you need in order to succeed.

I write about the tools of crms to help other small businesses and freelancers who are getting started themselves or just want to gain more knowledge. I hope that the information I provide helps you grow your business!