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5 Reasons Push Payments will change the online checkout landscape

Dec 12, 2022 11:52:48 AM

5 Reasons Push Payments will change the online checkout landscape

Push Payments work by connecting the consumer to their online bank platform and authorizing a push payment to the merchant. The merchant does not debit the consumer-the consumer pushes or credits the merchant.

Push Payment Solutions

1-No payment declines or NSF’: The $ can’t be pushed out of the bank account if they are not there. No at the time of checkout you are getting your money.

2-Merchant receive funds in seconds. No waiting days or weeks. Instant funds availability

3-No chargebacks: Once payment has been made there is no chargeback recourse

4-Payment processing fees are reduced by 50% or more compared to credit cards

5-No need for a merchant account: if you have a business bank account and your business is not considered super high-risk you can start taking payments. 

For more information check out Push Payment Solutions 

Topics: Push Payments

Wayne Akey
Written by Wayne Akey

Wayne Akey works collaboratively with SAAS providers whose clients have recurring billing needs to create innovative payment solutions and new revenue streams. He has partnered with dozens of software providers to create integrated payment solutions that solve recurring billing problems and generate significant recurring revenue. He has experience in: ACH Processing | Payment Partnerships | Payment Gateway Integration | Credit Card Decline Mitigation | Payment Aggregation. Wayne is the author of “Explode SAAS Revenue by 84%: A Guide to Geometric Growth using Integrated Payment Processing”. To learn how your software application can become a billing solution for your users as well as generate additional revenue streams, contact Wayne today at wakey@agilepayments.com. We guarantee you will learn how to improve revenue per client by at least 10% or we will donate $500 to the charity of your choice.

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