It’s not an understatement to say that the COVID-19 pandemic has changed consumer behavior forever. More so when it comes to digital payments.

According to data on Statista, a majority of Fintech customers reported making purchases through digital payments since the start of the pandemic. From large-ticket purchases like electronics and clothes, the trend has shifted towards small-ticket purchases like groceries, medicines, and other essentials as well.

Hence, digital payments are here to stay. Not just in online shopping but for offline stores as well. With more and more consumers preferring to order from the comfort of their homes, even offline businesses have moved away from cash and started to go digital.

However, not every offline business can afford to, or needs to, have a website or app to accept digital payments. A business can use DroppCash Payment Links to accept digital payments remotely – without a website or app.

With DroppCash Payment Links, businesses can accept payments remotely by creating unique links. Merchants can create these links from the DroppCash website and share the links with their customers through SMS, WhatsApp, chatbots, email, etc.

All the customers need to do is click on the link and make the payment using their preferred payment methods like cards, net banking, Bank transfer, DroppCash Wallet, and more.

How does DroppCash Payment Links work

Along with easing the process of payment acceptance, DroppCash Payment Links is also a very simple product to use. It encompasses the following three steps:

• Link creation
• Link sharing
• Payment completion

Let’s look at these steps in detail.

Link creation

A merchant can create a payment link from the dashboard, business app, or through APIs. There are two types of links that can be created – a basic link or a link with a template:

• A basic link allows a merchant to enter the purpose of payment and the amount to be paid
• A link with a template allows the merchant to attach a template with custom fields to the link, using which they can request customer information relevant to the purchase

A merchant can also include multiple types of amount fields, according to their business use case. This is a way to add dynamic pricing with a product-wise split of the total amount. Merchants can do this to:

• Accept tips from customers
• Add quantity-based product lines to add the unit cost and number of units bought
• Add a purchase form for their customers

Link sharing

Once a link is created, the merchant can share the link through email, WhatsApp, SMS, email, chatbots, or social media.

Payment completion

All the customer has to do is click on the link to make the payment. The link can be opened on their DroppCash app or in their browser. Once the payment is completed, the merchant receives a payment confirmation through SMS, email or APIs.

The payments are settled into the merchant’s bank account as per their settlement cycle.

Sign up for your DroppCash account at www.droppcash.app today.