New Feature: Payment Links. Empowering Seamless Transactions

  • Payments
  • 02.06.2023 07:10 am

Volume, the innovative UK-based FinTech, continues to reshape the payment landscape with the launch of Payment Links—an unparalleled solution empowering businesses to create a ubiquitous payment experience both online and offline. In response to the soaring demands of modern consumers, Volume's Payment Links streamline the payment process, enabling businesses to accept payments from customers with just one click, while significantly reducing transaction fees (totalling $100 billion annually!) and minimizing frauds.

In today's fast-paced world, consumers interact with companies through countless channels, from mobile apps and websites to social media and customer service hotlines. The omnichannel experience is no longer a luxury but a necessity. However, the complexity of creating a seamless payment experience has been a significant challenge for businesses (only 11% of organizations claim to have a sophisticated omnichannel implementation)—until now.

Volume's ground-breaking Payment Links solution enables businesses to effortlessly send payment links via SMS, email, or QR code, revolutionizing the way they collect payments. With a simple click, customers can complete transactions using an open banking payment method, providing unmatched convenience and speed. Moreover, this innovative solution helps businesses reduce credit card fees by up to 75%, allowing them to allocate resources more effectively and focus on exponential growth.

In an industry dominated by giants, Volume is already making waves, pulling hundreds of businesses away from Stripe—the leading payment platform. Stripe's recent increase in debit and credit card fees created turmoil in the sector, prompting businesses to seek alternatives. Volume already helped thousands of merchants and consumers to save millions of pounds in hidden fees across the UK and continues its skyrocketing growth.

Volume's Payment Links have emerged as the preferred choice for businesses looking to improve their payment processes and avoid excessive fees, establishing Volume as a disruptive force in the payment space with millions of GBP processed already with their private beta release.

“Our Payment links solution delivers a truly seamless experience for merchants to collect payments via QR codes or payment links with a payment confirmation for both sides,” Volume Co-founder and Chief Technology Officer Krzysztof Tarnawski said in the release.

“We’re excited to launch the Payment links feature,” said Simone Martinelli, the CEO of Volume. “This solution will enable merchants to provide a more seamless and convenient payment option for their customers, ensuring that they can complete transactions with ease within seconds from anywhere they are in one-click.”

“We have been using Volume to accept payments, and we’re very impressed with its simple and efficient functionality. Our customers have a truly seamless experience when completing payment for their holidays booked with us. The process is very quick and easy to follow, taking seconds to complete the payment.” - Gianni Bonuglia, Managing Director, Sardatur Holidays

Payment Links offer a range of benefits for merchants, including:

• Convenience: With this solution, businesses can accept payments without the need for customers to physically visit their store or website, making it easier to complete transactions.
• Security: The payment link is designed to be highly secure, ensuring that transactions are processed safely and securely.
• Flexibility: The feature can be used in almost any channel, making it very convenient for everyone.
• Cost-Effective: There are no additional fees for using Payment Links, making it an attractive solution compared to traditional payment methods.

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