Inplayer specializes in helping individuals and organisations monetize video content. From now on, those seeking to do this will be able to use Direct Debit as a payment option.
What are the benefits?
Direct Debit is simple and convenient way for viewers to pay for video content. With a Direct DebitInstruction set up with the customer, payment collection from their bank account is authorized. The customers are given advanced notice of the amounts and dates of collection and the money is deducted automatically.
Enabling direct debit payments offer a substantial amount of benefits to businesses and consumers alike.
In terms of the benefits to business, direct debit payments improve cash flow. This is extremely helpful when it comes to having a clear knowledge of income and when making profit forecasts and the like.
Direct debit payments also give businesses more control, since the agreement to collect agreed amounts over fixed periods of time results in decreased credit control measures.
Moreover, direct debit payments have been proven to increase customer loyalty due to their ease of use, safeguard measures, and reliability. And, because payments are automated, you will have more time and resources to dedicate to other projects.
Direct debit payments are also incredibly secure, and are covered by the direct debit guarantee.
In terms of benefits to customers, direct debit payments save consumers money by eliminating the threat of losing money through late fees since (the process is automated). They are also a great time saver, since there is substantially less administration on your customers’ side.
Direct debit payments also gives consumers the opportunity to have improved financial management, since payments can be broken down and predict how much money will leave their account in direct debits every month.
If you’d like to find out more about how we can help you implement a direct debit payment service for your video content, just get in touch.