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Getting tired of collecting checks but hesitant to implement an electronic payment solution? We get it. Searching for a platform, getting set up, training your team, updating your invoices… it can seem a little daunting.  

If you think about the big picture — running your laundry effectively, saving your team time, reducing administrative overhead, and making it easy to get paid — online payments is an easy choice. 

Here are 19 ways that online payments can help your laundry business that you probably haven’t thought of:

 

  1. You don’t need to spend time manually collecting checks anymore. 
  2. Your customers will find it easier to pay you which leads to a better customer experience. 
  3. You’ll get paid faster, at any time, from anywhere.  
  4. It’s less steps and time to get money into the bank. That payment goes right into your account. 
  5. No need to wait for checks to clear or deal with bounced checks. 
  6. Saves you admin overhead because online payment requires less bureaucratic work than checks. 
  7. It improves your cash flow by getting money into the bank quicker, and improving the efficiency of your money moving. 
  8. Easier to report and track income with an all-in-one payment tool. 
  9. Online payments connect with online invoices which can be delivered via email, reducing paper, mail, and other repetitive time-consuming tasks. 
  10. You get notified when payments are made so you’re kept in the loop in real time. 
  11. No need to make trips to the bank to deposit checks or cash. 
  12. Proof of payment helps keep you protected. 
  13. Partial payments can be collected depending on your business and customer needs. 
  14. No more lost checks or missing cash. 
  15. It’s more safe and secure than handling checks or cash. 
  16. Less touchpoints between you and your money means less opportunities for something to go wrong. 
  17. Simple to reconcile payments and do accounting/bookkeeping. 
  18. Less cost and time printing invoices and mailing receipts. 
  19. You get reporting and a paper trail, so you can provide your customers with proof of payment at any point in the future. 

 

Curious about electronic payments? Learn more about LinenMaster Payments here.  

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