The benefit of Fast payment settlement to your business

Time is important to business. Never mind whether your business is a busy coffee shop, a pop up food stall or a high-street retailer, the faster you can realise your income, the nimbler your processes will be.

The Delays in Settlements Problem

Other payment providers are only moving on T+2 or even T+3 settlement periods so you have to wait two to three business days to see your money. Though it may not look as a major problem, such delays may generate bottlenecks in small businesses. Examples of this are you may be required to restock goods, settle with suppliers or on unforeseen expenses and all the time waiting to get your own money can be inconveniencing.

Faster payment cash flow advantages

Your working capital can really be improved through next-day settlements. Rather than using overdrafts or short- term credit you may use your real earnings to keep the business on the run. This could spell the difference between growth and stagnation to seasonal businesses or those run on thin margins.

Better Supplier Relations

Access to easy money means that you can pay your suppliers in time and this may provoke better conditions, discounts or prior service. This then assists you in being more effective with your own customers.

Increased Financial Self-esteem

You know just when your money is going to end up in your account and you can better plan expenses, invest your money in your business with less worry.

What to Look For in a Provider

Guaranteed next-day settlement times.

Clear fee structure for faster payment services.

Reliable customer support to resolve settlement issues quickly.

How IPOSG Payments Fits In

IPOSG Payments provides T+1 settlement that means before 10 AM the next day, your funds may appear in your account in time and you no longer have to wait days to get payment. This, alongside our transparent rates as low as 0.29%, free PCI, lifetime hardware warranty and 24/hr UK based support makes you not only faster but with a fully featured payment system designed to fit your business.

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