Event rental businesses are now able to take advantage of the new integration of Stripe with rental software specialist, MCS. The new feature in the rental management package, MCS-rm, enables hirers to take credit card payments from account and cash customers on a pre-defined credit card, improving cash flow and making it easier than ever to collect payments from customers.
The cloud-based recurring payment system from Stripe means that a rental business can obtain payments for hires within its MCS-rm rental software. Nick Thomson, MCS sales director, explains: “This new integration with Stripe payments has meant that our customers can now take advantage of quick and efficient billing of their clients. Previously rental businesses would need to send an invoice and then manually process the card payment over the phone. By using the Stripe integration, this no longer needs to be done manually and instead is processed automatically.”
As credit card details are stored securely on the Stripe platform and not in MCS-rm rental software, the integration ensures that rental companies abide by PCI Compliance regulations and keep their clients' data safe. ll a rental business needs to do is click ‘process payments’ and the rest is taken care of. Nick concludes, “This integration is a game-changer for the rental industry, ensuring that our customers can accept various credit card payment methods to settle invoices, protect themselves from fraud, and receive their payments faster, all secured within the Stripe platform.”
MCS Rental Software will be showcasing its new Stripe payments integration at Showman’s Show 2021. Visit its stand on 70 in the Exhibition Hall to find out more and see the integration in action.