Forward’s Post

The reasons to monetize payments don't have to be complicated. If you provide a software product to your clients and you, or they are handling credit card payments via a 3rd party - there's a good chance you're leaving money on the table. If you're a software leader thinking about how you can improve your experience, Forward is here to help you succeed.

I spend a lot of time deep in the weeds of the payments ecosystem. The way industry participants converse is almost another language - filled with short-hand, jargon and acronyms. Twenty years ago, when i set out to build my first vertical SaaS company - this was all very confusing and intimidating. Part of our mission at Forward is to communicate in every-day language the opportunity that exists for software companies to grow their revenue by running a tried and true "payments playbook." The first step is asking if the playbook is applicable to your business, hopefully this post helps, but if you still have questions - let me know and we'll get them answered.

Want Effortless Transaction Management In Your Business? Here Are the Top Payment Tools for 2024 No matter the size of your company, optimizing your payment systems is key to improving efficiency and saving money. Let’s explore the tools that can help you do just that: 1. Stripe: - Key Features: Comprehensive payment processing, automated financial solutions, robust API, and advanced security measures. - Pricing: Transaction fees are 1.5% + €0.25 for standard EEA cards, 2.5% + €0.25 for UK cards. - Ideal For: Businesses of all sizes seeking a scalable and reliable payment processing solution. 2. Lemonsqueezy: - Key Features: Simplifies selling digital products, handles tax compliance, and acts as your merchant of record. - Pricing: Free plan available; Sweet at $24.16/month; Juicy at $65.83/month. - Ideal For: Digital product creators and SaaS businesses focused on reducing administrative burdens. 3. Gumroad: - Key Features: Easy setup, supports a wide range of digital products, built-in marketing tools, and customer management tools. - Pricing: Free plan with a 10% fee per sale; Premium plan at $10/month with a 3.5% fee per sale. - Ideal For: Creators and entrepreneurs selling digital products seeking simplicity and variety. 4. Paddle: - Key Features: All-in-one platform for managing payments, subscriptions, and tax compliance, with built-in fraud detection. - Pricing: 5% + $0.50 per transaction, with custom pricing for large-scale businesses. - Ideal For: B2B and B2C software companies looking for a comprehensive payment and operational support system. Choosing the Right Tool: - Assess Your Needs: Understand what you need from a payment tool. - Consider Your Budget: Be mindful of costs and potential hidden fees. - Trial and Error: Utilize free trials or demos to see if the tool fits your workflow. - Support System: Make sure the tool provides reliable customer support for smooth operations. Ready to streamline your payment processes? Explore these tools and more in our detailed guide at https://lnkd.in/dF_DC95k 🍍 I'm curious—what other great payment tools do you use that I might have missed? Let me know below 👇🏻 #BusinessTools #PaymentSolutions #TechInnovation #FutureOfWork #DigitalTransformation

Navigating Payment Solutions with JD Payment Solutions: Your Partner, Not Your Problem At JD Payment Solutions, we've learned a thing or two about negotiation, especially when it comes to tackling the hefty challenge of payment processing rates. Here's the deal: when you're in the trenches trying to lower those rates, it's easy to see your provider as the adversary. But let's flip that script. At JD, we're not your problem; we're here to solve the problem with you. When you're stuck with high payment processing fees, it's frustrating. You might feel like you're up against a wall, but with JD, you're not fighting alone. We get it; we're not just another service. We're your teammates in this game. Instead of a battle, think of it as us joining forces. We sit down, not to argue, but to understand. What's causing those high rates? How can we streamline, optimize, or outright negotiate better terms? It's about us versus the issue, not you versus us. At JD, we believe in clear communication. We lay everything out on the table, because when we're all on the same page, that's when breakthroughs happen. It's about mutual respect and finding common ground. When you're with us, feedback isn't an attack; it's constructive, aiming to improve the situation for everyone involved. Here at JD, we're all about fairness. We use industry standards to keep things above board, ensuring decisions are based on what's equitable, not just what one side wants. And when we come up with solutions, we look at them together. Does this work for your business? For ours? If it's a yes on both sides, then it's a win. The beauty of this approach is it's not just about today's deal. It's about building something lasting. When you choose JD Payment Solutions, you're not just choosing a service; you're choosing a partnership. We're in this for the long haul, where every negotiation, every discussion, is another step forward together. So, if you're ready to tackle the issue of high payment processing rates, remember, with JD Payment Solutions, you're not alone. We're your partner, not your problem. Let's face this challenge head-on, together.

Monetizing payments. Let's talk about it! Most payment processors either don't offer a revenue share, or offer one with hoops to jump through. If you have a revenue share, do you understand the conditions? Are you receiving the true percentage you agreed on? Or are you wanting more? If your answer is no, then I'm here to help! 🙋♀️ There IS a payment processor out there that can provide a lucrative revenue share along with custom pricing plans for your customers. 💲 💳 📈 You deserve to make money off of the transactions run through your software. Let me know if you'd like more details! #monetizingpayments #payments #teambasys #revenueshare #businessneeds

Payrix here to help you run your own payments race every step of the way.

“Switching payments systems is complicated, and takes time. How quick can it really be?” You can actually set up from scratch to issue cards in about 15 minutes. What if everything you needed to help your organization deliver instant payments, is in a 2-minute blog post linked below? We’ve laid out the directions to your future payments system, and it looks really, really easy. Map here: https://lnkd.in/gwNyCNNW #payments #fintech #b2b #businesschallenges

Are your current Payment Solutions really working for your business? Do you find yourself sticking with systems that you're used to even though they could be costing you time, money & frustration? Come along as we look at how to streamline operations, pick easy-to-use payment technology, upgrade your customer's payment experience & more. By the end of this blog you will know what simple, cost effective systems actually make sense for your unique business. Find out your business’s ideal payment setup with the link below!

Digital invoices are a modern billing method that allows businesses to send bills to their customers digitally. With the rise of fintech and digital platforms, these invoices are becoming an integral part of the financial sector, offering a seamless payment experience and contributing to the digital economy's growth. Learn more about the benefits of digital invoicing by reading this article. #EInvoicing #APAutomation #DigitalSolutions

Simply put, payment integrations save you time and money, which in turn, makes your business more profitable.