Getting Started With Payments Software Doesn't Have to Be Painful

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Online Payments Are Necessary, But Getting Started Doesn't Have to Be Painful

In today's digital age, MSPs rely heavily on accepting online payments from clients. However, many MSPs have hesitated to adopt payments software because of the perceived time and resources required to effectively adopt payments software. Legacy payments software solutions made applying for payment processing a tedious and time-consuming process, riddled with friction and a multitude of requirements. Thankfully, with innovative solutions like FlexPoint, MSPs can now seamlessly and effortlessly start accepting digital payments and accelerate their time to value.

Legacy Payments Software: A Friction-Filled Journey

In the past, getting started with payments software and applying for payment processing meant dealing with PDF applications, manual underwriting processes, and an overwhelming amount of documentation. MSPs were often required to submit previous processing statements, bank statements, and various other supporting documents. Often, this sensitive information is traded back and forth over email and reviewed and handled by multiple people. This arduous process not only consumed valuable time but also introduced unnecessary obstacles and friction along the way.

Enter FlexPoint: Simplifying Payments Software

FlexPoint was built to simplify payments for MSPs and accelerate the time to value. With FlexPoint’s innovative approach, getting started with payments software has been transformed into a seamless and frictionless experience for MSPs. At FlexPoint we understand that MSPs have limited time and resources, especially when it comes to "back-office" tasks, so we’ve made getting started a simple process by:

1. Limiting Required Information: FlexPoint streamlines the payment processing application process by limiting the number of fields and information required and enabling MSPs to complete this information within our app. We do this not by cutting corners, but distilling long-form PDFs into simple and easy to consume digital experiences. By removing unnecessary complexities, FlexPoint significantly reduces the time and effort required to fill out applications and also the likelihood of human errors, making it easier for MSPs to get started quickly and typically approving applications instantly.

2. Digital-First Approach: FlexPoint adopts a "digital first" mindset by removing paper-based applications and providing a modern user interface (UI) and user experience (UX).

3. Instant Verification and Checks: With FlexPoint, all verification and checks are performed digitally and instantly. By leveraging robust APIs, FlexPoint eliminates the need for time-consuming manual underwriting processes. This ensures a faster turnaround time, allowing MSPs to start accepting digital payments same day.

Simplified Client Onboarding with FlexPoint

FlexPoint goes above and beyond to take the work away from MSPs when registering their clients into the client portal. FlexPoint streamlines the process by automatically creating client accounts and seamlessly mapping them to the client's email through single-use token authentication. This eliminates the need for manual data entry and simplifies the onboarding process, saving time and reducing potential errors.

Time to Value: Simple and Efficient Onboarding

FlexPoint prioritizes time to value for MSPs and their clients. FlexPoint understands that efficiency is crucial, and our focus is on getting MSPs onboarded along with their clients in a simple and streamlined manner. By providing a hassle-free onboarding experience, FlexPoint empowers businesses to start accepting digital payments quickly and efficiently.

Conclusion

Gone are the days of laborious and frustrating payment processing applications. With FlexPoint, MSPs can embrace a seamless and frictionless experience when getting started with payments software. By limiting required information, adopting a digital-first approach, enabling instant verification, simplifying client onboarding, and prioritizing time to value, FlexPoint revolutionizes the way MSPs handle payment processing. Embrace the future of payments with FlexPoint and say goodbye to the pain of legacy solutions by booking a demo with the FlexPoint team.