GoDaddy Inc. Announces the Launch of New Pay Links and Virtual Terminal Features Within GoDaddy Payments
August 17, 2021 at 09:15 am EDT
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GoDaddy Inc. announced the launch of new Pay Links and Virtual Terminal features within GoDaddy Payments, enabling small business owners to take online and remote payments without the requirement of a website or an online store. Small businesses without websites are often left out of ecommerce solutions, despite consumers' increasing preference for paying online. With Pay Links and Virtual Terminal, small businesses without a heavy web presence can continue to attract and serve their customers with a customizable and affordable online payment solution that suits their unique needs—whether that's a local pizza parlor, flower shop, photographer or craftsperson selling their goods on Facebook or Instagram. Pay Links enable small businesses to create a link to a secure checkout page, share it with their customers across email, social media, text or generate a designated QR code and get paid within minutes. Businesses can customize their Pay Links with product images and a logo, so customers have a seamless brand experience. Virtual Terminal turns any device with a web browser into a payment terminal, enabling small business owners to take payments over the phone. As part of GoDaddy Payments, both Pay Links and Virtual Terminal accept all major credit and debit cards including Visa, Mastercard, American Express, and Discover for a low transaction fee with no long-term contracts, no monthly minimums or any hidden fees.
GoDaddy Payments uses advanced online encryption and maintains strict PCI compliance standards. Small business owners can sign up for GoDaddy Payments and get approved instantly, accept customer payments within minutes and get paid as early as the next business day. GoDaddy Payments is part of GoDaddy's expanding commerce solution that will include in-person payment capabilities for seamless online and offline shopping experiences later this year.
GoDaddy Inc. is engaged in serving a market of entrepreneurs, developing and delivering easy-to-use products in a one-stop shop solution alongside personalized guidance. The Company serves small businesses, individuals, organizations, developers, designers and domain investors. The Company's segments include Applications and Commerce (A&C) and Core Platform (Core). The A&C segment primarily consists of sales of products containing proprietary software, notably its Website building products, as well as its commerce products and third-party email and productivity solutions and sales of certain products when they are included in bundled offerings of its proprietary software products. The Core segment primarily consists of sales of domain registrations and renewals, aftermarket domain sales, Website hosting products and Website security products when not included in bundled offerings of its proprietary software products, as well as sales of products not containing a software component.