If you are an accounting professional, you’re already gearing up to make the most out of this tax season and take your business beyond the onslaught of work. To do so you need to be equipped with the necessary support infrastructure. In addition to accounting software and proper marketing of services, modern payment methods can help you improve your tax preparation services.
By turning to virtual credit card processing for accountants, you can bring your accounting operations to the next level. Here’s how virtual payment terminals can assist you in scaling your business.
Challenges Accountants Face When Collecting Payments
As an accountant, you are the certified expert in managing finances for your clients. Since conducting accounting services doesn’t always require your client to be present, you can often find yourself running after payments long after sorting their accounts for them.
Modern payment solutions such as virtual credit card processing for accountants can help resolve these payment issues in a very effective manner. Gone are the days when you had to endlessly call clients or physically visit them to collect payments for your hard work. With modern payment solutions, you can receive your fees quickly and painlessly.
To give you an idea of the options at your disposal, the following solutions can help you collect payments for your accounting services.
Mobile Payment Solutions. These services are available as mobile devices and card readers that turn any mobile phone into a credit card processor. You can use these services to bill customers during face-to-face meetings at any location.
Ecommerce Payments. You can accept online payments through your website by connecting to internet payment gateways.
Virtual Payment Terminals. You can take payment information over the phone and process it through a secure gateway on your computer.
Depending upon the type and level of your operations, you can turn to any of these modern or virtual credit card processing for accountants to support your business.
If you work out of a home office, then taking online or over-the-phone payments are the ideal solution that cuts the need for redundant face-to-face meetings with clients.
5 Tips for Selling Tax Preparation Services
Apart from learning about these payment solutions, it would be best if you kept a few tips in mind to take your operations to the next level.
Recurring Payments
If you offer your services on a retainer, then setting up recurring payments is an excellent way to overcome long delays between payments. You can set this system up via virtual and online payment systems, and bill your customers automatically.
One-Time Invoicing
Sending invoices or payment links right before you render your services is also an effective way to make sure that you get your payments on time. As long as you are polite in your demand, clients will not have an objection to paying you for your services beforehand.
Over-the-Phone Payments
Virtual credit card processing for accountants can help you take over-the-phone payments with ease. This means that you don’t have to wait for clients to process payment links or visit your office to physically swipe their cards. You can take their information over the phone and charge them right from your home office.
Buy Now Button on Your Website
If you have a website, then you can integrate an internet payment gateway with a call to action button such as “Buy Now”. From there, you can easily accept online payments before you start working on your client’s accounts.
Sell From a Kiosk or Community Networking Event
You can also set up as a vendor at business or networking conferences and at local community events targeting your best audience. At the event, you can process payments via mobile or virtual payment processor while also attracting new clients to your services.
At Stax, we specialize in deploying solutions for modern and virtual credit card processing for accountants. Whether you entertain walk-in clients or operate through a home office, our services can help you resolve all your payment issues with ease.
To learn more about our full range of payment solutions, and see how they can help your operations, feel free to reach out to us today.
