Agile Payments Blog

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How PushPayments Can Transform Online Checkouts

Dec 8, 2022 8:13:34 AM

PushPayments, also called consumer-permissioned payments, can completely eliminate payment chargebacks and reduce payment processing fees by 50% compared to credit card payments.

Push Payments

PushPayments work by connecting the person or business paying at checkout to their online banking platform. From there the paying party authorizes a push payment or credit from their bank account to the merchant they are paying.

The merchant is funded in seconds and the payment is final and can not be charged back.

If you have ever been asked to "connect" your bank account when making an ACH Payment or signing up for a recurring ACH payment, your experience is very similar to using PushPayments. There is a final step where you authorize the payment to the merchant. Instead of debiting your bank account like the vast majority of online payments you are pushing or crediting the payment to the merchant.

For more information on how PushPayments can help your business payment needs contact AgilePayments.com/PushPayments

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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