How to Create Payment Link and Its Benefits Why Payment Link? Payment links enable you to accept payments online quickly and without requiring any other digital infrastructure. The process is extremely easy, and you can start accepting payments right away. The rate of growth of payments transactions in India over the past year has seen a 53 percent increase in volume terms and a 28 percent increase in value terms, according to P Vasudevan, Chief General Manager, Payments and Settlements Systems, Reserve Bank of India (RBI).
What Benefits Does Payment Links Offers? With Payment links, customers can pay with their preferred payment method simply by opening the link, and all transactions are securely protected by following all the security standards set by the payment gateway such as Easebuzz. Paying links allow businesses to avoid unnecessary expenses associated with maintaining websites and apps, as well as the need to hire employees to do so. It is easy to set up payment links in seconds, making them an excellent option when speed or flexibility are a priority. A merchant dashboard can track payments in real-time, run analytics, and create graphical images of the transactions processed. Cash-of-delivery is a function of payments links. When you accept online payments at the time of delivery, you provide customers with a sense of security as well as an online payment option. Nowadays, freelancers are most benefited from online payments because they can receive money clients without giving bank account details or using a website or mobile app. With the advent of payment links, Indian Ecommerce Business has seen a tremendous boost. Currently, most of the consumers order the items online and choose online payment options. Once the order is received by the customer, they quickly select and pay for the item using the link that the delivery person provided to them.
How to Create Payment Link Signup for free to start receiving payments online Step 1 – Create an Easebuzz account. Signup Now. Step 2 – Confirm Your Email Address Step 3 – Upload Your KYC Documents