In response to the global Coronavirus (Covid-19) crisis iZettle have reduced their Payment Link or ‘Pay-by-Link’ fee from 2.5% to 1.75%, bringing it in line with their normal face-to-face card fee. This is great for businesses who are used to taking face-to-face payments who are rapidly evolving their business model to handle more remote ways of working. In this article I’ll step you through taking remote payments from customers.
What is Pay-by-Link?
Payment Links or ‘Pay-by-Link’ is a feature in iZettle that allows you to take remote payments from customers via SMS text message or a link shared by e-mail, social media etc. It’s effectively a very simple remote invoicing system and should work brilliantly for businesses who can adapt to remote working. Whether this means delivering goods to customers or providing other services without the customer being physically present. If you’d like to try iZettle Payment Links for yourself it would be awesome if you could support this website by using this link when you sign up to iZettle. You can also read more about Pay-by-Link on the iZettle website here. The affiliate links used in this article don’t cost you a penny extra but help to cover the running costs of this site – it also means I don’t need to bombard you with irrelevant adverts and cookie popups. You can read more about affiliate links here – thanks so much for your support!
How do you use iZettle Payment Links?
1. Within the iZettle Go app click on the menu icon in the top left of the screen and click ‘Payment Links’:
2. The first time you use Payment Links you’ll need to activate the service. Just click the ‘Activate’ button. When I tried this the service seemed to activate immediately. I’m not sure whether this is normal or why it’s not activated by default. Either way, it seemed to work fine:
3. Add your website address. I’m not sure what they mean by “we need to know what you sell” as there’s nowhere to enter this information. I just entered my website address and it worked fine:
4. Charge your customer as normal, either using the ‘Amount’ or ‘Product’ method. You’ll need to make sure you enter a Description if you’re using the Amount method:
5. Select ‘Send link’ as the payment option. Only select ‘Card’ if the cardholder is actually physically present and you want to take a normal face-to-face card payment:
6. Select ‘Share with SMS’ to send the payment link by text message. Alternatively just click the ‘Share’ button if you’d rather do it by e-mail or social media. This provides you with a unique URL that can be shared with the customer:
7. You can manage payment links you’ve sent via the ‘Payment links’ option in the main menu (step 1). From there if you click ‘UNPAID’ you can see payment links you’ve created that haven’t been paid yet:
8. From that you can re-share the existing link or delete it completely if it’s no longer required:
Update yours T’s & C’s!
If your business has dedicated Terms & Conditions of Sale make sure you update them to cater for remote payments. You may want to consider adding consequences for customers who pay late or fail to pay completely. You should already have these in place if you accept invoice payments (do you?) so a minor wording change should suffice. If you’re used to accepting face-to-face payments without T’s & C’s then I would suggest putting these in place ASAP. You may also want to take a look at distance selling regulations to see whether these are likely to have an impact as a result of remote trading.
Remember if you’d like to try iZettle Payment Links for yourself just follow this link. It doesn’t cost you a penny extra and helps to fund more independent content such as this. Thanks so much and stay safe folks!