How SubscriptionFlow’s Payment Widgets Help Seamlessly Process Payments
Do you run an Ecommerce store and/or website? If you do, then you must know how important it is to make your customers happy with a smooth and easy payment process. Which is why you absolutely need a payment widget for website—these are little apps that let your customers buy from you without leaving your site for to use them the client can use their preferred payment option like credit card, PayPal, Apple Pay, etc., and get an instant confirmation on just one click.
In today’s day and age, Ecommerce stores usually feel the need for installing payment widgets on their website because payment widgets normally boost their store’s brand image, it makes their customers more loyal, helps them sell more, reduces cart abandonment, and, if all of this were not enough, it also speeds up the checkout for their customers. In light of all this relevant context, in this blog post, we will discuss why payment widgets are such a good fit for Ecommerce websites, how to choose the best one for your business, and finally, we will talk about SubscriptionFlow and its new feature of adding a fully customizable payment widget.
Read more: Benefits of Recurring Payments and Subscriptions in NMI
The Different Types of Payment Widgets: A List
There is a wide variety of payment widgets from which Ecommerce stores choose from to decide which should they incorporate into their website. And the reason why it is important to make an informed choice when selecting a payment widget is because they come in a variety of forms, each with their own features and capabilities. It might make for a bad investment if you choose an ill-suited payment widget that does not add value to your website and is simply a drain on your business’s finances. Some notable examples of the kind of payment widgets that can be utilized are:
1. Checkout widgets: These widgets are extremely popular these days because they allow the end consumer to enter their payment details and finish purchases on the website of the Ecommerce store. There is no need for the end consumer to be redirected to any other store whatsoever and they can happily do all their shopping and payments while staying on the same page. And as an added bonus, they also allow for several payment options that include but are not limited to credit cards, PayPal, Apple Pay, etc.
2. Subscription widgets: These are widgets that basically function like the checkout widgets, with the only exception being that these payment widgets serve the function of managing recurring payments for goods and services that call for a membership or subscription. The two main functions of these widgets is that plans, invoices, billing cycles, and customer profiles can all be created and managed via subscription widgets, and that they can also be used to manage upgrades, refunds, and cancellations of existing subscriptions.
3. Donation widgets: These payment widgets let non-profits or private parties accept contributions from their supporters. They can be tailored to match the logo of the fundraiser and the particular color scheme or design of the cause (if there is any). Additionally, they can also provide contributors with a fresh mix of alternatives, including one-time or recurring gifts, suggested amounts, and varying quantities.
4. Booking widgets: These payment widgets are pretty much only for companies that provide services, like hotels, restaurants, hairdressers as they make it easier for such companies to take reservations and schedule appointments online. These businesses can customize the widgets so that the availability, rates, and confirmation messages can all be shown on the booking widgets on their website.
How Payment Widgets Help E-Commerce Websites?
There are several reasons behind why you, as an Ecommerce owner, might require the help of a payment widget. In this section, we will be detailing some of those reasons to help you identify whether your business needs these widgets or not.
The main attraction of Ecommerce widgets is that they contain features which enhance user experience by making purchasing more interesting. Simply put, widgets on the websites of Ecommerce businesses attract attention and maintain consumer engagement by being more beautiful than the rest of the website and thus appealing to the customer’s sense of aesthetics.
Furthermore, by making recommendations based on a customer’s past purchases or browsing history, Ecommerce payment widgets can assist businesses in customizing the purchasing experience. Such an individualized strategy as this one can improve user engagement and foster more client loyalty.
Read more: Opt for ACH Payments for Your Subscription Business and Increase Revenue Predictability
What Makes SubscriptionFlow’s Payment Widget So Good?
Before we understand why SubscriptionFlow offers such a neatly customizable set of payment widgets, it is important to also note exactly what SubscriptionFlow’s own specialty is. The reason why SubscriptionFlow is popular is because with it you can easily manage your subscriptions by engaging in real-time tracking of your revenue, attrition, retention, and other important indicators. Lastly – and this is SubscriptionFlow’s most important feature in context of payment widgets – with its robust integrations, you can also automate your billing, invoicing, receipts, dunning, and other processes.
Now, let us understand the feature of highly configurable payment widgets that SubscriptionFlow offers to its Ecommerce clients. In this last section of the blog, we will go over the exact ways in which SubscriptionFlow customizes your payment widget for you.
With SubscriptionFlow, your payment widgets can have their colours, fonts, icons, layouts, and can also be made to adapt to various screen sizes and devices. Aesthetics aside, you can enhance your payment widgets with features like discounts, coupons, trials, upsells, cross-sells, and more to boost conversion rates and client loyalty.
The fact that SubscriptionFlow integrates easily with Shopify, the top e-commerce platform, is easily among its best features. SubscriptionFlow and Shopify can be integrated with ease, allowing you to synchronize your inventory, orders, customers, and goods. You can give your customers a range of subscription alternatives by using SubscriptionFlow’s payment widgets on your Shopify store. What is more is that you may collect payments from all over the world by connecting your payment widgets with well-known payment gateways like PayPal, Stripe, Braintree, and more.
Book a demo with SubscriptionFlow now to begin customizing the perfect payment widget for your Ecommerce store!