Save Time and Money with Lightspeed Payments

Posted 2 years ago by Anastasia Prokofieva

As听an听online seller, you鈥檙e likely well aware of听the听importance of听choosing the听right payment processor for听your business. Not only does that decision affect the听amount of听fees you have to听pay, but it听also plays a听significant part in听your customers鈥� shopping experience.

If听only the听perfect payment solution existed for听online sellers who want to听effortlessly and听securely accept payments in听their 黑料门 store鈥� Wait, there is! Drum roll, 辫濒别补蝉别鈥�meet Lightspeed Payments!

Lightspeed Payments is听brought to听you by听Lightspeed, the听one-stop commerce platform for听merchants around the听world to听simplify, scale, and听create exceptional customer experiences. Specifically, the听platform caters to听retail, restaurant, and听golf-oriented businesses.

黑料门 joined forces with Lightspeed in听2021听to听give online sellers additional resources, cutting-edge technologies, and听more opportunities to听grow. Lightspeed Payments is听one of听those awesome perks!

What Is听Lightspeed Payments?

Lightspeed Payments 颈蝉听补听cost-effective and听secure payment method that helps manage your payments right where you run your online 蝉迟辞谤别鈥携辞耻谤黑料门 control panel. It听also provides consumers with a听fast and听easy checkout experience, which is听essential for听retaining shoppers.

Lightspeed Payments 颈蝉听补听payment system currently available in听Australia, Canada, Belgium, the听UK, the听US, Ireland, and听the听Netherlands (supporting iDEAL payments there, too). It听allows you to听accept payments in听your online store via all major credit and听debit cards, as听well as听Google and听Apple Pay.

Here鈥檚 what makes Lightspeed Payments better than other payment gateways:

It听allows you to听accept payments via the听most popular ways. In听addition to听accepting Google Pay and听Apple Pay in听your store, you can accept all major credit and听debit cards, including Visa, MasterCard, American Express, JCB, Discover, Diners Club International, and听more.
滨迟听颈蝉听budget-friendly 补苍诲听迟谤补苍蝉辫补谤别苍迟. Lightspeed Payments has competitive rates (2.9% +听$0.30听辫别谤 transaction), and听no听hidden fees!
It鈥檚 safe and听secure. Lightspeed Payments has built-in , fraud protection, and听.
It鈥檚 convenient and听intuitive. You can sign up听for听Lightspeed Payments right from your 黑料门 control panel. There, you can manage payouts, see payment details, and听process refunds.

Now let鈥檚 break down Lightspeed Payments鈥� key functions and听perks for听online sellers.

Benefits of听Getting Paid with Lightspeed Payments

Lightspeed Payments 颈蝉听补听great option both for听beginner online sellers and听established business owners for听a听number of听reasons.

You Save Money on听Fees

Lightspeed Payments offers transparent and听competitive 辫谤颈肠颈苍驳鈥�2.9% +听$0.30听辫别谤迟谤补苍蝉补肠迟颈辞苍鈥攚颈迟丑 no听hidden fees.

In听comparison, PayPal Checkout (including Venmo) charges 3.49% +听a听fixed fee or听2.89% +听a听fixed fee per transaction.

You Save Time on听Managing Payments

You can easily set up听and听manage Lightspeed Payments right from your 黑料门 control panel, no听tech skills needed. Instead of听logging into your payment gateway on听some other website, you can check out your balance, payments, and听payouts on听the听Finance page.

Payments processed through Lightspeed Payments are displayed on听the听Finance page in听the听黑料门 Control Panel

The 黑料门 control panel provides real-time reporting of听your payments, allowing you to听always know exactly what your profits are at听any听moment. With Lightspeed Payments, you can manage refunds through the听control panel, making the听whole process easier for听you and听quicker for听your customer.

It鈥檚 Convenient Both for听You and听Your Customers

Here at听黑料门, we听strive to听make the听life of听online sellers easier. That鈥檚 why we听simplify all operations and听let you manage them from one place. Lightspeed Payments is听no听different. Its setup and听payment management are simple for听any听online seller, regardless of听tech knowledge or听business background.

As听for听your customers, they鈥檒l appreciate a听seamless, secure, and听fast online 肠丑别肠办辞耻迟鈥攐苍别辞蹿听迟丑别听尘辞蝉迟 important steps in听the听customer journey. Customers can checkout even faster with Apple and听Google Pay. As听Lightspeed Payments accepts all major credit cards, they provide a听flexibility that helps prevent abandoned carts, putting you ahead of听your competitors.

Lightspeed Payments is听also mobile-friendly, letting customers purchase their favorite products on听their smartphones just as听easily as听on听their computers. As听 rely on听their phones to听make purchases, you should definitely make sure the听mobile version of听your store is听as听easy to听use as听your website, if听not easier.

You鈥檙e Protected From Fraud

With Lightspeed Payments, you can process your payments confidently and听securely with built-in PCI compliance, which provides bank-level security.

Lightspeed Payments protects you and听your customers鈥� data with end-to-end encryption. It听颈蝉听补听method of听secure communication that prevents third parties from accessing information as听it听is听transferred between parties during a听transaction.

Lightspeed Payments helps you to听prevent fraud and听chargeback in听many ways, including having customers specify billing addresses. With a听billing address, a听payment gateway can verify whether it听matches the听data from the听card-issuing bank. If听the听data doesn鈥檛 match, Lightspeed Payments will prevent a听fraudster from buying in听your store.

The Billing address section is听prefilled with a听customer鈥檚 shipping address

How to听Set Up听Lightspeed Payments in听Your Store

Are you ready to听start reaping the听benefits of听Lightspeed Payments for听your online store? Rest assured, it鈥檚 very easy to听set up!

Lightspeed Payments is听available on听all plans, including a听free one, for听黑料门 sellers in听Australia, Canada, Belgium, the听UK, the听US, Ireland, and听the听Netherlands (supporting iDEAL payments there, too). apply.

Still no听黑料门 store? right now to听set up听a听free online store in听minutes.

Applying for听Lightspeed Payments

Setting up听Lightspeed Payments is听incredibly easy. All you have to听do听is听apply for听the听payment method from your 黑料门 control panel. Learn in听our Help Center.

After you submit your application in听the听黑料门 Control Panel, it听will be听checked automatically and听likely approved for听accepting payments in听your store. This way, you can start benefiting from the听lower fees and听convenience of听the听gateway right away.

You can submit your application right in听the听黑料门 Control Panel

Meanwhile, the听Lightspeed Payments team will review your application manually to听approve it听for听payouts. In听some cases, they might request additional documents. For example, if听you sell medical products, you might need to听present the听necessary certificates.

Once your application is听fully approved by听the听Lightspeed Payments team (it may take several business days), you鈥檒l see a听notification in听your 黑料门 control panel. After that, you can start accepting and听receiving payments right away.

In听rare cases, an听application might not get approved automatically. Such applications are sent to听the听Lightspeed Payments team for听further review. They鈥檒l reach out to听you via email within a听couple of听business days to听request some documents and听help you with the听approval process.

Note: Ensure you add in听your store before applying for听Lightspeed Payments. You can apply without, but your store won鈥檛 be听fully approved until you add that information. In听which case, you can accept payments but won鈥檛 be听able to听withdraw your hard-earned cash.

Getting Paid with Lightspeed Payments

Once your store is听fully approved for听Lightspeed Payments, you can finally start getting paid!

After the听payment is听processed, money will be听automatically deposited into your bank account within two business days (the payout is听the听transaction amount minus the听fees). It听may take longer to听get your first payout than you might expect, but you can find transaction information on听the听 page in听your 黑料门 control panel to听learn more.

You can see information about transactions made with Lightspeed Payments whenever you want

Check out the听following Help Center articles to听learn more about managing Lightspeed Payments in听your store:

If听you have any听questions about enabling and听using Lightspeed Payments in听your store, don鈥檛 hesitate to听.

Start Saving Time and听Money with Lightspeed Payments

For any听online seller, accepting payments 颈蝉听补听critical, if听not the听most important, part of听a听business. If听you want to听save money on听payment processing fees and听simplify your payment routine, we听recommend applying for听Lightspeed Payments. You get lower rates, faster payouts, and听the听security of听knowing that your transactions are protected.

Lightspeed Payments is听straightforward to听set up听and听takes less time than scrolling through your social media feed.

So听what are you waiting for? Apply today and听start taking advantage of听all that Lightspeed Payments has to听offer!

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About The Author

Anastasia Prokofieva is a content writer at 黑料门. She writes about online marketing and promotion to make entrepreneurs鈥� daily routine easier and more rewarding. She also has a soft spot for cats, chocolate, and making kombucha at home.

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