What are Automated Telephone Payments?
Automated telephone payments are a way for customers to make payments over the phone using an interactive voice response (IVR) system or a voice-operated payment system.
This system provides a quick, convenient, and accessible way for customers to make payments on a 24/7 basis, without having to speak to a customer service representative.
The Automated Telephone Payment Process….
The process of making an automated telephone payment starts with the customer dialling the designated payment phone number, either provided by the company or found on the customer’s bill.
Once connected, the customer is prompted by an IVR system to enter information such as their account number and payment amount. Customers can either use touch-tone inputs to enter information or speak to the system using voice commands.
Find out more about IVR Payments here for more in depth review of the technology and how PayGuard Makes this simple, cost effective and the perfect fit for any organisation.
The IVR system then verifies the customer’s information and payment method. If the information is correct, the payment is processed and a confirmation number is provided to the customer. If there are any errors or issues with the payment, the customer may be directed to speak to a customer service representative or to try the payment again.
Automated telephone payments have many benefits for both customers and companies. For customers, they provide a convenient and accessible way to make payments without having to visit a physical location or wait for regular business hours. They can make payments from the comfort of their own home or on the go at any time.
For companies, automated telephone payments offer a cost-effective and efficient way to process payments. By eliminating the need for manual processing, companies can reduce their operating costs and provide faster service to their customers. The automated payment system can also handle a high volume of calls simultaneously, improving overall efficiency.
Do Call Centres need an Automated Phone Payment Solutions?
Whether or not a call centre needs an automated telephone payment system depends on a variety of factors, such as the volume of payment transactions they handle, the resources available to handle those transactions, and the needs and preferences of their customers.
If a call centre handles a high volume of payment transactions and has limited resources to process them, an automated payment system can help to improve efficiency and reduce costs. An automated solution can also provide a convenient and secure way for customers to make payments, which can help to improve customer satisfaction and loyalty.
However, if a call centre handles a low volume of payment transactions, or if they have the resources to handle those transactions efficiently with customer agents, then an automated payment system may not be necessary.
Ultimately, having an automated system allows options for the call centre and the consumer and in most cases is a great option to have especially considering it can be used 24 hours a day and can run autonomously.
The Real Benefits of Automated Telephone Payments
In conclusion, automated telephone payments offer a fast, convenient, and efficient way for customers to make payments and for companies to process payments. With its 24/7 availability and low operating costs, it is a popular payment option for many individuals and businesses.
Find Out More About Automated Phone Payments...
PayGuard’s award winning technology allows organisations to take payments through a secure and compliant automated telephone payment system. PayGuard not only significantly supports your PCI DSS Compliant process, but it also saves your business money by reducing agent handling time.
Contact us for a free demo or to speak to one of our specialists to see how we can help your business.
