How to Manage Payments

In the current digital era, it is more important than ever for merchants to offer a variety of payment methods. Customers expect to be able to pay for goods and services in the way that is most convenient for them. If a merchant does not offer a customer's preferred payment method, they are more likely to abandon their purchase and go to a merchant that does.

There are a number of reasons why it is beneficial for merchants to offer more options for payment methods:

• Customer convenience: Customers want to be able to pay for goods and services in the way that is most convenient for them. This may be through a credit card, debit card, e-wallet, or even cash. By offering a variety of payment methods, merchants can make it easier for customers to complete their purchases.
• Increased sales: Merchants who offer a variety of payment methods tend to have higher sales. This is because customers are more likely to complete their purchases if they can pay in the way that they prefer.
• Reduced fraud: Some payment methods, such as e-wallets, offer additional layers of security that can help to reduce fraud. By offering a variety of payment methods, merchants can reduce the risk of fraudulent transactions.
• Wider reach: If a merchant wants to sell their products and services to customers all over the world, they need to offer a variety of payment methods. This is because different countries have different preferred payment methods.

This is why Enstack’s payment features allow merchants to offer a variety of payment methods while also providing a faster period of remittance to sellers as compared to most ecommerce applications as seen below.

*For Credit/Debit Card transactions, payouts will be initiated on the next available cut-off upon reflection of your customer's payment in our payment gateway partners’ accounts. Processing time of the customer's payment to our account may take up to 7 banking days.

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How to offer Non-Cash Payments

To activate Non-Cash payment options like bank transfer and e-wallet, follow the steps below: 

• Make sure that you are an Advanced user by simply verifying your account. See how to do so in  Module 2: How to manage your Enstack account
• Tap on Payments from your Enstack Home Page
• Tap the toggle next to Non-COD Payments

You will be able to track your activation process is successful through these respective alerts: 

• Pending - Completed details have been submitted and the request is now pending review by the team.
• Active - Your Cashless Payments option has now been activated.
• Failed - Your application for the Cashless Payments has failed. Please review your details and submit information

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How to offer Credit/Debit Card Payments

To start offering credit/debit cards as a payment option for your buyers, you must become a fully Verified user. Learn how to do so through Module 2: How to manage your Enstack account. 

Then, apply by following these steps: 

• Tap Payments on your Enstack Home Page 
• Toggle on Credit Card to apply 
• Tap Agree after reading the Service Agreement 
• Upload or draw your signature
• Tap Submit 
• Wait up to 7 business days for approval    

Note: International credit card transactions are offered as a premium feature. For further details, please reach out to your account manager or customer representatives.

Through these, Enstack allows a quick and easy solution to accepting payments both online and in person as it eliminates the hassle of using a third-party payment provider or application. Being able to manage payments through the application also allows merchants to benefit from faster payouts, proving that Enstack continues to support your business’ growth and profitability. Experience this first-hand by downloading Enstack now: enstack.com/downloads.