The five-fold revitalization coupon is free for everyone, which is undoubtedly a big plus for all businesses. However, in the face of the government’s push for digitalization and the major banks’ credit card binding discounts, how can merchants that are unable to collect credit card payments welcome this wave of revitalizing money? Try INSTO Tap!
In recent years, credit cards and mobile payments have gradually become the main ways for people to make daily checkout payments. Coupled with the impact of the epidemic, people are more willing to use credit cards or even bind mobile payments to replace cash to reduce the chance of contact. However, for some small merchants such as SOHOs and market vendors who take on the business on their own, it is often quite difficult to provide an environment for consumers to pay with credit cards.
Today, I will introduce to you the INSTO Tap credit card contactless payment service, which allows merchants to avoid tedious application processes such as renting credit card machines and complete credit card payment easily and safely through mobile phones and tablets! INSTO Tap supports all credit cards from the three major card issuers: VISA, Mastercard and JCB. In addition, Android phones have also added a super convenient NFC sensor payment function, making the checkout process super simple!
Credit card payment does not require a swipe machine! INSTO Tap is your mobile card swiping app experience, making payment with sensors super convenient! No rent, no monthly fees, free downloads
Compared with Denmark and other Nordic countries, digital payment methods have long replaced traditional cash transactions. After the impact of the epidemic, Taiwanese people have also begun to choose to use credit cards or bind mobile payments as much as possible to replace cash payments with banknotes and coins in order to reduce the contact between people during cash transactions and facilitate checkout payments.
However, for some vendors and people who start their own businesses, they must have encountered similar experiences in the past when customers asked about using credit cards to pay. However, in the past, if you wanted to use a credit card to collect payments, you had to rent a physical card machine and other complicated application processes. You may also encounter the problem that some card machines do not support credit cards from specific card issuers.
If you small business owners also want to make transactions more pleasant and convenient for buyers and sellers, it is recommended to try the “INSTO Tap” credit card collection service introduced today by INSTO, an international financial technology service collection and payment platform founded by a Taiwanese team! Even individual sellers without a unified editor can apply to use it!
Sellers can also save the trouble of renting physical credit card machines and can easily collect credit card payments by using mobile phones or tablets. Customers do not need to download any wallet or any APP to pay via credit card.
Individual sellers can also apply
In addition to registered corporate sellers, “individual sellers” such as SOHOs, Internet celebrity KOLs, live broadcast hosts, self-operated sellers, market vendors, tutors, lecturers, etc. who do not have company accounts and have credit card collection needs can apply for the INSTO Tap collection service.
Sellers do not need to fill out a paper application form when applying for INSTO Tap. They only need to download the INSTO Tap App first, then complete the mobile phone verification, attach the front and back of the ID card (natural person of nationality and must be over 20 years old), fill in information settings such as store/product information, etc.
Finally, set up a collection account (the applicant must have a New Taiwan Dollar account opened in his home country), and then wait for INSTO’s official review to pass.
*Tips: Taiwan Insto Technology Co., Ltd. (INSTO) reserves the right to finalize the qualification review. After the seller’s application is approved, INSTO will send an email notification. The review time will take at least 5 working days (excluding holidays and national holidays)
INSTO Tap App Download:iOS version｜Android version
INSTO Taiwan (Facebook fan page):Click here to go
INSTO Tap basic functions
Simply put, INSTO Tap credit card payment service is an ultra-convenient service that sellers need to facilitate consumers to use credit cards to make checkout payments. Whether it is a daily single payment, group purchase or multiple collections of established hot-selling products, as well as scheduled collections for online tutoring courses that need to be collected from students within a fixed period, all consumption methods can be solved!
Whether on-site or online, it is convenient for buyers and sellers to complete credit card checkout and payment quickly, safely and smoothly.
General credit card payment
First of all, for small business owners such as general markets and street vendors, if consumers want to pay with a credit card, they can use the “single payment” function of INSTO Tap. Sellers only need to enter the amount setting that consumers want to pay, and then provide the payment QR Code link to buyers (consumers) to scan the code and open the credit card payment page for checkout.
It is worth mentioning that INSTO Tap also thoughtfully provides sellers with the option to add “Business Tax” and “Buyers Pay Handling Fees” on the trial calculation function page, so that the actual amounts received by sellers and buyers will be directly updated in the trial calculation in real time. This also makes it easier for sellers to set product pricing and calculate product profitability.
For products with a fixed amount, it is recommended to directly set it as a “multiple payment” link, so that you do not have to re-enter the product name, amount, business tax, handling fee and other settings multiple times. When a customer wants to order a specific product, he or she only needs to select a link in the multiple payment list to present the payment link to the consumer for payment.
If consumers can directly scan the QR code on the spot, they can directly use their mobile phone to show the payment link to the other party, and then directly scan the QR code on their mobile phone to enter the checkout screen. If you are not there, you can click the share button to send the checkout link to the consumer for online credit card swiping.
After consumers take out their mobile phones to scan the QR Code, they only need to fill in their credit card payment information and contact information. In addition, they can also note the ordered product information and shipping address for sellers to check. In addition, buyers can rest assured that their card numbers will not be stored on this checkout page.
When the consumer completes the payment, the system will automatically send a notification to the seller’s mobile phone or tablet that logs in to the account, and the order information can also be viewed to confirm the status of the payment.
Every checkout payment made by swiping a card on the consumer side must also go through 3D transaction verification, which can also ensure that the transaction process is not stolen and improve security. After the payment is successful, the “Payment Successful” screen will be displayed, and the order details will also be sent to the buyer’s email address.
If the buyer regrets and wants to cancel the order when he returns after payment, the seller can cancel the credit card authorization and refund the order within 3 hours of the order being placed. In addition, if the refund takes more than 3 hours, it will take an additional 1 to 3 working days to process.
NFC sensor payment (only for Android phones equipped with NFC function)
INSTO Tap is the first to launch the ultra-convenient NFC contactless payment function, which allows sellers to allow consumers to make contactless payments with credit cards when collecting payments, which is convenient and fast! Of course, currently NFC sensor payment can only be used on Android phones equipped with NFC function.
It is also very convenient to enable contactless payment. The store only needs to click “Contact Payment” on the single payment page of the Android phone, then enter the order name and amount, then press “Contact Payment” and turn on the NFC function of the mobile phone.
Finally, consumers only need to bring their credit card close to the NFC sensing area on the back of the phone to complete the credit card induction payment process.
Remote payment collection
When faced with any situation that requires online payment steps, such as online group purchases, sellers can click “Share Order” after creating an order to perform “remote payment collection.” Whether you send the payment link to E-Mail, LINE, Facebook and other platforms, you can do it.
Consumers can pay online via credit card as long as they click the link within the time limit after receiving the link, and the seller will also receive a notification after the consumer makes the payment.
Schedule payment
For needs such as online tutoring courses that will be divided into multiple payments on a regular basis, the “scheduled sending” function can be turned on in the payment settings. The system will regularly send payment notifications to customers according to the number of periods and schedule set by the seller. To put it simply, this is actually similar to the concept of regular fixed payments and installment payments.
Therefore, you must enter the customer’s email address when collecting payments on a scheduled basis, and be sure to confirm whether the email address is correct before setting.
After receiving the payment notification, consumers only need to click “Go to Checkout” to make online payment via credit card. In addition to being very convenient for customers, sellers also don’t have to worry about forgetting to collect payment. The payment notice will also include the complete number of payment installments for this order. For example, the picture below is divided into three installments, and this is the first payment.
After the guest pays, the system will also send a payment completion notification letter so that the guest can remember that he has completed the payment steps.
You can even view the order to see complete order details.
Of course, at the same time, the seller will also receive a notification that the consumer has paid.
Security verification
Many people have concerns about credit card checkout due to payment security issues. In terms of security mechanism, INSTO Tap performs 3D verification every time a consumer swipes a card, effectively preventing counterfeit cards and fraudulent use.
For sellers who manage INSTO Tap data and open the app, in addition to logging in through their account and password, they can also log in to their account using face unlock when the object recognition login function is turned on.
Store exclusive payment code
Some physical stores can place the seller’s exclusive payment code at the checkout counter, allowing consumers to directly scan the QR Code and fill in the amount themselves for payment by card. You no longer need to rent a physical card machine to easily complete credit card checkout at a physical channel.
When the buyer scans the store’s QR Code, the “Collection Code Payment” page will be opened directly. At this time, the buyer can enter the payment amount, credit card and other payment information to complete the online card payment.
If the store wants to more conveniently open the store’s payment code on the iPhone at any time, they can also add the INSTO Tap App to the iOS desktop gadget.
The INSTO Tap widget function is also supported on the Android version:
Seller’s exclusive management backend
Although INSTO Tap can be used to manage orders and payment status through the app on mobile phones and tablets, it is very convenient. However, if you want to improve management efficiency, it is recommended to use a computer to log in to the “INSTO Tap Seller Management Backend”. In addition to viewing the daily, last 7 days, and monthly payment status, all order information and account transaction data can be more easily managed here.
Details such as the payment time and order payment status of each order are clear at a glance.
You can also check appropriation records and a detailed list of various detailed expenses in the seller’s exclusive management backend. Click “Appropriation Records” in the seller management backend to query the date, amount and other related information of the grant. Sellers can click the “Download” button on the right to export the appropriation detailed report, making reconciliation more convenient for sellers.
In addition to creating new orders on mobile phones, sellers can also create new orders on the web through the seller management backend. For example, you can select “Pending Confirmation” and “Multiple Collections” links to create orders and share and collect payments.
In the seller management backend, you can also set up Smart API to connect API cash flow, and collect payments on your own website.
At the same time, you can also query API payment records:
INSTO Tap App Download:iOS version｜Android version
INSTO Taiwan (Facebook fan page):Click here to go
Conclusion
In summary, INSTO Tap, a credit card payment collection service, is highly recommended to all types of “little bosses” who start their own businesses. First of all, the positive consumer feedback brought by making consumers feel convenient and simple to operate when making payments can increase their willingness to repurchase later, and it can also make it easier for sellers to manage consumers’ payment progress. In addition, since the epidemic, most people are more willing to choose credit card payment. With the help of INSTO Tap, sellers can sell goods more smoothly.
For sellers, there is no need to rent a physical card swiping machine and other additional fees. The card swiping fee is as low as 2% (traditional card swiping machine fees range from about 2.3% to 5%). Currently, the three major credit card issuing organizations on the market (VISA/MasterCard/JCB) can support credit cards. Finally, it is the first in the industry to provide convenient NFC induction payment collection functions, which is super convenient for all types of sellers.
Here are some recommended INSTO Tap lazy bags for you. To put it simply ~ bosses can stop using credit card machines and switch to INSTO Tap!
Why recommend INSTO Tap?
- Whether you are a registered corporate seller or an unregulated individual seller, you can use INSTO Tap to collect payments.
- Receive credit card payments without renting a credit card machine or monthly fee
- Customers do not need to download any wallet or APP to make payments
- First launched NFC sensor payment, collecting credit card sensor payment quickly and conveniently (only for Android phones with NFC function)
- Orders can be sent through QRcode, SMS, Email, Line, Messenger and other social software, making remote payment collection super easy!
- Timed collection, pre-scheduling, and the system issuing orders at regular times (the concept is similar to regular fixed amounts and installment payments)
- 3D verification and security check of card swiping to prevent counterfeit card theft
- Exclusive store payment code, customers can scan the code to pay easily
- Sellers can apply paperlessly online, which is convenient and fast
- The seller’s backend system allows merchants to quickly view orders, download transaction reports, and easily reconcile accounts on the web.
Source: KOCPC Chinese