Payment Solutions for the Pandemic

By Tyler Colt, Sales Director

According to a study from Yelp, 97,966 American businesses have permanently closed their doors because of the COVID-19 crisis. At FlashBanc, our goal is to help businesses across the country succeed and it pains us to see the lives of so many business owners being derailed due to the pandemic. In this article, I’d like to discuss a few of the solutions we have to help businesses make it out of this tough spot. 

Contactless Payments

Back in 2019, contactless payments were pretty rare in America, despite their relative popularity in Asia and Europe. However, COVID-19 changed all of that and now contactless payments are quickly becoming the preferred payment method for American consumers. FlashBanc offers a wide range of payment hardware that is optimized for contactless payments and we’d be happy to help you identify the best device for your business. Whether you’d like a full-service, tabletop device or an ultra-portable, wireless device, we’ve got you covered. 

Merchant Cash Advance 

If your PPP loan has run out and you’re scrambling to pay for expenses, like payroll, rent, and inventory, our merchant cash advance program is here to help. Unlike typical bank or government loans, we offer a quick application process, high approval rates, and fast funding. Imagine how much a quick infusion of up to $300,000 could help your business right now! 

Loyalty Programs 

When you hear the term “loyalty program,” do you picture an old-fashioned punch card? While those still exist, there’s a much more effective customer loyalty solution out there. With the help of our digital solutions, we can help you boost your revenues, increase satisfaction, and create customers for life. Keeping your customers coming back, again and again, will give your business a much-needed boost during this hard time. 

Online Payment Gateways 

Since the pandemic began, online payments have dramatically increased in popularity. To offer your customers online purchasing options, you’ll need to set-up a payment gateway. If you’re not familiar with what this is, it’s a software application that will send a customer’s payment information directly to your credit card processor. By linking your website and/or virtual terminal to a payment gateway, it ensures your customer will have an easy, seamless payment experience. We’ll help you decide which payment gateway is the right choice for you and in no time, you’ll see online purchases roll in. 

Want To Learn More? 

If you’re interested in learning more about how we can help your business make it through the pandemic, please reach out to us. There is hope and we are on your team!