This blog will explain to you the significance of ACH for a tattoo removal business.
Tattoos and body art have gained popularity in recent years, especially among Gen Z and Millennials. For them, getting a tattoo is like a badge of identity and is mostly an impulsive but cherished decision. But as trends evolve, so do choices—and regrets. According to some reports, one-third of Americans now have a tattoo, of which the majority are women. However, 24% of people with a tattoo regret it and want to get it removed. This growing trend has fueled the tattoo removal industry. Studies indicate that tattoo removal services generate $1.86 billion as revenue, and the market is expected to grow by 11% per year.
Though the tattoo removal business is in high demand these days, running them is not without challenges. For instance, imagine you are planning to start a tattoo removal business. The most important thing that you have to care about, like in any other business, is your customers. You know, word of mouth is the best marketing strategy, especially in a service-oriented business like tattoo removal. Satisfied customers are your most valuable asset—they not only become repeat clients but also serve as ambassadors for your brand.
Your customers should be given high-quality service. For this, you should have skilled employees, efficient equipment, and a well-organized operational system. Your employees must be paid on time, and at the same time, your equipment should be managed properly to avoid downtime and maintain the quality of services.
Basically, timely payments to suppliers, employees, and equipment repairers are key to maintaining smooth operations in your tattoo removal business. This is where you need the ACH feature from Zil.US.
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ACH For Quick Payment to Suppliers
Zil.US offers you ACH transfers, which allow you to make payments to your suppliers quickly. This feature can help you make payments in urgent situations. For instance, imagine that a customer unexpectedly approached you to get a tattoo removal procedure. You already had a busy schedule that week, and your essential supplies, like cooling gels or medical-grade gloves, were running low. With the ACH feature from the cloud-based platform, you can make payments without any delay and collect your supplies on time.
Making ACH payments with the cloud-based platform is the best because the platform is an official member of NACHA. NACHA is the governing body that controls and regulates the ACH network. ACH is one of the most cost-effective payment solutions you can use to make B2B transactions.
ACH For Timely Payment of Payroll
Payments to employees are to be made regularly. But isn’t it tiring to go through the same payment process again and again each month when you have to pay? This happens when you are using traditional payment methods to pay your employees. Each month, you may have to go through the process of handling cash or using money orders to pay your employees. A method like this is time-consuming and exhausting.
With Zil.US, you can schedule regular payments like payroll, bills, etc. The recurring ACH feature from the platform allows you to eliminate the struggle of manually entering data each time when you have to pay. Moreover, it ensures that you never forget to pay your employees. Your employees will receive their salaries directly into their bank accounts on the scheduled date.
ACH Debit VS ACH Credit
With Zil.US, you can make both ACH debit as well as ACH credit. ACH debit is used to pull money from an account, whereas ACH credit is used to push money from an account. Both these features are necessary for businesses to efficiently handle their payments.
As a tattoo removal business owner, you can use ACH debit to automatically collect payments from your client’s accounts who are receiving recurring services, such as monthly or package-based tattoo removal treatments. On the other hand, you can use ACH credit to make regular payments to employees or suppliers.
Alternatives to ACH
With Zil.US, you can make payments via other options in addition to ACH. The two most common among them are wire and virtual cards. Wire transfers are the best for making large transactions, whereas virtual cards are the best for making instant transactions. You may make both international and domestic wire transfers with the cloud-based platform. For making international transfers, you need specific codes like SWIFT or IBAN, and for domestic transfers, you need account numbers and routing numbers. Similarly, for making virtual card payments, you first need to fill your wallet. You can easily do that from your checking account.
Conclusion
Zil.US lets you effortlessly make ACH payments quickly and affordably. The recurring ACH feature ensures that your payments are automated and consistent. With ACH debit, you can easily collect payments from your clients for recurring services, and with ACH credit, you can make timely payments to your employees and suppliers.