Over the past year I have had a vast increase in the number of clients that use BACS - trouble for a shop is that it can take up to 4 working days to arrive ( usually quicker) and you need to manually enter it in which means you need to monitor your bank account closely.
I am trying now to get more and more customers to pay by BACS as it is cheaper for me ( bank charges only ) and money is in the account without having to be transferred.
You lose the automation but gain by lower costs - always is swings and roundabouts in business eh!
We have now started to use BACS as a better way for our customers to pay also it's better for us as we don't have to wait 6 months for a payment from the big companies.
Does anyone know another quick and easy payment method besides the usual, pay-pal, cheque, cash etc.?
Regards
Mark