Truckit Pay enhances success rates
According to Truckit's data, Providers who utilise Truckit Pay as their payment option, experience a notably higher success rate compared to those who rely on traditional payment methods like Payment Upfront or Payment On Collection. This is largely due to customers valuing the security and convenience that Truckit Pay offers, which influences their decision-making when evaluating quotes.
Truckit Pay minimises administrative work for your business
When collecting payment without Truckit Pay, you often need to issue an invoice with your bank details, follow up with the customer, await remittance advice, and reconcile your bank statement to confirm receipt of payment.
With Truckit Pay, you only need to input your bank details once, and you will receive prompt and direct payments for all confirmed deliveries. You can also access a report of all disbursements along with relevant job details in your Financials tab of your Account Settings, allowing you to track which payments are pending and which have been transferred to you.
Truckit Pay secures your funds
With Truckit Pay, the customer pays the entire job amount upfront into a secure third-party holding account. This eliminates the risk of non-payment that is commonly associated with collecting payment upon collection or delivery.