Previously, merchants usually take cash or checks after selling items to customers in physical stores. That was when online payment was not common. However, its no longer the same.
As the world keep growing, merchants no longer sell to only customers in a physical store, they also sell through online platforms. This permits merchants to reach out to many customers all over the world.
That’s when merchants need a good and dependable online payment platform to receive payments worldwide.
Business owners now seek for a good payment platform where they can take money from customers all over the world. These payments can be made through cards, mobile wallet or phones. As long as it gets to the business owner successfully.
There are certain financial platforms or software services that allows customers to send money for the items they bought to the merchant easily. It helps process the transfer of funds from the customer’s bank to the seller’s bank.
These payment platforms has software that can handle operations and finances easily. It helps the merchant to build a standard online store. Prepare and send invoices. Manage inventory (sell). Keep proper record of all payment and customer information and more. All these functions can be found in a standard payment platform.
Helcim is a financial platform that can handle many online services together. Small business owners and legal companies can use Helcim services.
Modern financial platforms like Helcim has made payments to be very simple to use. Clear to understand and very affordable for merchants who wants to use it.
Using Helcim services is not just useful; it’s also important for the growth of your business. It can be used for point-of-sale (POS) transactions. Manage online shopping and sending invoices. This gives the merchant the benefit to focus more on business growth and customers relationship.
What is Helcim?
Helcim is a financial platform that allows business owners to receive payments from customers. Helcim is mainly for Canadian and United States of America local business owners. Apart from receiving payments, there are other services this platform offers. They’re:
- Accepts All Kinds of Payments
Merchants can accept payments from customers in person, online or through mobile. These means are:
- Credit and Debit Cards
- Mobile Wallets and
- Bank Transfers
- Provides Merchants with the Right Hardware for Receiving Payments
Business owners with physical stores can accept payments through Helcim services in two ways.
- Helcim Card Reader
- Helcim Smart Terminal
- Free Business Software
Business owners are provided with a lot of Helcim software with no extra monthly fees. They’re:
- Point-of-Sale (POS) Software: For physically accepting payments from customers, including cash and cards.
- Online Store: it helps merchants build their online store, so customers can purchase items through the internet.
- Virtual Terminal: Merchants can type in their customer’s card number to process payment through the phone.
- Invoicing: Business owners can send service invoices to customers. This enables them to see the bills clearly and make payments online.
- Recurring Billing: This can be used to automatically bill customers who’re on regular services. Merchants can also use it for their monthly or yearly subscription plans.
- Business Management
Merchants can use the in-built tools on Helcim platform to organized their business and sales. Business owners can use:
- Inventory Tracking: To keep proper records of all goods in the store. Sales realized from sold items and all expenses made.
- Customer Management (CRM): Customer information can be stored in the CRM.
- Analytics: Merchants can get regular reports and data. This helps the business owner to know the progress of the business.
- Transparent Pricing
Helcim is well-known for transparent transaction costs; this differentiates it from other financial payment platforms.
- No Monthly Fees: Business owners don’t pay monthly fee for having an account with Helcim.
- Interchange-Plus Pricing: Merchants pay the actual bank cost for any sales made. Helcim usually adds a little fee for each transaction.
- Volume Discounts: The more your business grows each month, the more Helcim instantly lowers your transaction rates.
- No Long-Term Contracts: Business owners can decide to stop using Helcim account whenever they like without any fine.
How Helcim Works
Helcim is a payment processing company. It enables business owners to receive payments online and in store. It is majorly known for the acceptance of card payment for transactions. However, there are other payment methods. Below is the guide on how to sign up on the Helcim platform.
- Visit Helcim site and sign up. Fill in all the basic information about your business.
- You’ll get an approval once Helcim reviews your application. This usually take a day or two atmost. However, additional details may be needed before your request gets verified.
- Once your request has been approved, set up your payment process. It could be virtual terminal for mobile and online payment. Merchants may create a payment pathway for receiving payments through their website. Or a POS for physical transaction through a card reader.
- Business owners can start receiving payments from customers after setting up the account. Merchants can link online store, send invoices and use card reader to accept payments.
- There’s a dashboard where merchants can track all transactions. Through the dashboard, sales, business reports and customers review can be managed and accessed.
List of Helcim Supported Countries:
Helcim supported countries is only in the:
- United States of America
- Canada.
However, card payments can be accepted from customers globally.
List of Helcim Supported States in the USA
Helcim platform can be used in any state within the country. However, card reader payment for physical transaction can’t be used in: Oklahoma, Massachusetts, Connecticut, Colorado and Maine. While in Canada, card reader can’t be used in Quebec.
Moreover, merchants must base either in the United States or Canada to enable them use Helcim platform. Customers can make payment from any part of the world, provided they’re using supported Master or Visa card. While payments are processed in either USD or CAD.
Helcim Alternatives:
- SumUp
- G2A PAY
- Stax
- Stripe
- PayPal
- Shopify POS
- Square Payments/POS
Conclusion
Helcim is a payment platform for small and medium business owners. Its major transaction method is card payment. But mobile payment and bank transfer can also be used to receive payment depending on the payment set up.
Helcim platform can be connected to POS, digital payment and website for recieiving payments.
Furthermore, Helcim charges low transaction fee for each payment made.
Additionally, Helcim has good features that allows merchants to manage their business properly. So, its not just for receiving payments alone. Invoices can be sent to customers. Record of items in store and profits from sales can also be tracked using the inventory tools.
Indeed, Helcim is a an amazing payment platform.
Unfortunately, Helcim supported countries is only in Canada and United States. But receiving of payment can be from any countries where Master and Visa card payment can be used.
Alternatively, Stripe or PayPal can be used for more global reach.