The Fenestration Self Assessment Scheme (Fensa) has made an app available to Fensa-approved installers, allowing them to take payments for their work via mobile phone or tablet. It is hoped that BeepaidGo will help installers manage their finances more efficiently and improve cash flow.
The introduction of BeepaidGo follows increasing contacting from installers calling for a faster and more up-to-date way of accepting payments – a method that allows them to minimise unnecessary and time-consuming paperwork. Installers hope that the new service will allow them to better focus on winning additional work and business growth.
Developed by Takepayments Limited, BeepaidGo is being offered to Fensa-approved installers at an exclusive price of £5 + VAT per month. It is the latest in a series of initiatives from ‘the UK’s largest and most prominent glazing competency scheme’, designed to make life easier for busy installers and to raise professional standards in the process.
Once the BeepaidGo app is downloaded onto a phone or tablet, installers can request payment in three easy steps. To start with, the installer simply adds a customer’s details, after which the customer will be sent a secure link via text message or email that will request payment and prompt them to enter their card details. The BeepaidGo app will then send a notification to the user that the customer has completed payment, after which the money will be transferred to a bank account for the next banking day.*
In addition to the new mobile app, Fensa-approved installers can also take advantage of a range of other payment platforms from Takepayments Limited, including portable card payment devices that operate via a dedicated GPRS SIM card – a payment gateway that can be set up on a company’s website. There is also a pay-by-link product that allows users to create and send an electronic invoice.
Chris Beedel, Fensa’s director of membership, said: “A recent survey to our Fensa-approved installers showed us that a number of them would like to have card payment facilities available, in order to make it easier for them to chase and receive payment and to improve cash flow. The BeepaidGo app is the perfect way for them to do just that, whilst monitoring what payments are still outstanding.
“We think this will really help our installers manage their finances. With it available at half price to Fensa-approved installers, it really is exciting to see how many of them will take advantage of another industry-leading benefit.”
Jodie Wilkinson, Takepayments Limited’s head of strategic partnerships, said: “We saw glazing as an ideal sector where the BeepaidGo app could really help installation companies on a day-to-day basis, so we’re delighted to have partnered with Fensa as the biggest name in the industry.
“We’ve seen first-hand how effective BeepaidGo can be in helping companies chase and take payments, receiving the money in their bank account the next banking day. We know Fensa-approved installers are incredibly busy at the moment and we believe the app can help them manage their time, take payments on the go and focus on the next job.”
*This service is available to Takepayments Limited customers who are accepted for Barclaycard acquiring services and is subject to Barclaycard’s approval. Next day settlement refers to the next banking day. Users must perform their payment device’s banking window function before 9pm in order to receive settlement the next banking day.
