We are excited to announce that a highly requested feature has been added to Foxit eSign. Foxit eSign customers can now sign up for Foxit Pay to seamlessly collect payments directly within their agreements. This intuitive feature simplifies the process of sending, signing, and collecting payments during your document workflows. This gives users a smooth signing and payment experience, ensuring fast, effortless, and secure payment collection while enhancing customer satisfaction.

Efficient payment management is essential for businesses of all sizes to keep cash flow healthy. But let’s face it – handling payments can be a real headache. Many organizations find themselves using multiple platforms to manage agreements and payments separately, which can lead to inefficiencies and a less-than-ideal customer experience, requiring customers to interact with multiple links to complete one request. That’s where Foxit Pay comes in, offering an effortless solution that consolidates everything into one simple process.

The Challenge of Disjointed Payment Systems

Managing payments and agreements across multiple platforms can create significant friction for businesses. The process often involves using separate platforms for document signing, payment requests, and payment status tracking. This complexity leads to delayed payments, errors in billing, and a poor customer experience. Not to mention, the manual processes involved with using different systems can be time-consuming for staff and clients alike.

That’s why Foxit Pay was created—to integrate document signing and payment collection into one singular process, eliminating the common frustration of managing payments across different platforms.

What is Foxit Pay?

Foxit Pay is a feature of Foxit eSign. Whether you are a Foxit eSign Essentials or Business user, you can access Foxit Pay functionality within your agreement workflows. Once you have completed the Foxit Pay signup process in your Foxit eSign account, you will be able to add a payment field directly to your agreement. When you send the agreement to your signer, they will be able to complete the agreement and click on the payment field to make a payment directly in the agreement. No additional links, accounts, or webpages are needed, giving your signer a seamless agreement and payment process.

Foxit Pay ensures:

• A Better Experience: Seamless agreement and payment collection
• Secure and Compliant Payment Solutions: Payment accuracy, enhanced payment security, and compliance
• Simplified Payment Collection Tools: Easy for small businesses to enterprise companies
• Fast Payment Collection: Signers can agree and pay at the same time, reducing the number of steps to complete an agreement and the time it takes to get paid
• Enhanced Agreement Security: Implementing authentication options with Foxit eSign improves the security of your documents and protects them from unauthorized access
• Simplified PCI-DSS Compliance: Foxit Pay protects user data and secures transactions with superior encryption and PCI-DSS compliance
• Flexible Payment Options: Request payments as a one time amount, a recurring amount, or allow the signer to input their own amount (perfect for non-profit donations)
• Comprehensive Payment Types: With Foxit Pay, you can request payment by credit card, debit cards, or ACH bank transfers
• Secure Payment Tracking: All payment requests can be tracked in your Foxit eSign document tracking screen. Plus, all activities are presented in real-time and completed agreements come with a signature certificate and complete audit trial, ensuring thorough compliance
• Seamless Payment Experience: Signers love the experience of being able to review, sign, and pay all at one time without the need to open additional emails or links
• Admin Management Tools: Admin users can manage team access, custom branding, review all transactions, and more directly in Foxit Pay

Key Benefits of Foxit Pay

Foxit Pay offers a host of benefits specifically designed to streamline your payment processes and prioritize security. Take a look at these key advantages you can expect when using this tool.

• Faster Payment Collection
• Better Payment Accuracy
• Enhanced Security
• Simplified PCI-DSS Compliance
• More Flexible Payment Options
• More Payment Types Accepted
• Secure Payment Tracking
• A Smoother Payment Journey
• A More Comprehensive Admin Experience

Ways Foxit Pay is Utilized Across Industries

Foxit Pay isn’t just for one type of business—it offers versatile functionality that benefits a wide range of industries. Whether you’re a small business owner, freelancer, or part of a large enterprise, Foxit Pay’s streamlined solution can simplify your payment process and maximize your efficiency.

Those who can benefit from Foxit Pay include:

Legal Services

• Retainer Agreements: Lawyers send a retainer agreement for the client to eSign, along with an invoice for the retainer fee that the client can pay electronically. This ensures the agreement is formalized and payment is received upfront.
• Settlement Agreements: Clients can eSign settlement agreements and simultaneously pay any required settlement amounts electronically, streamlining the resolution process.
• Service Contracts: Legal service providers can send service contracts for eSignature, including an invoice for initial consultation fees or service deposits, which clients can pay online.

Accounting and Financial Services

• Engagement Letters: Accountants send engagement letters for eSignature along with an invoice for an initial retainer or setup fee, which clients can pay electronically to initiate the services.
• Tax Preparation Agreements: Clients eSign the agreement for tax preparation services and pay an upfront fee electronically, ensuring both the agreement and payment are completed before services start.
• Recurring Services Contracts: For ongoing services, clients can eSign the contract and set up electronic payments for recurring monthly or quarterly fees, simplifying ongoing billing and collection.

Real Estate Services

• Lease Agreements: Tenants can eSign lease agreements and pay the first month’s rent and security deposit electronically, ensuring the lease is secured and payments are made upfront.
• Purchase Contracts: Buyers eSign purchase contracts and make an electronic payment for the earnest money deposit, ensuring the transaction is formalized and the deposit is secured.
• Property Management Contracts: Property owners can eSign management contracts and pay initial setup fees electronically, streamlining the onboarding process for property management services.

Consulting Services

• Project Contracts: Clients eSign project contracts and make an initial deposit or upfront payment electronically, ensuring the project is officially agreed upon and funded to start.
• Monthly Retainers: Consulting firms send retainer agreements for eSignature and collect monthly retainer fees electronically, ensuring continuous service without payment delays.
• Performance-Based Agreements: Clients eSign performance-based contracts and make initial payments electronically, with additional payments tied to project milestones or deliverables.

Healthcare and Wellness Services

• Telehealth Consent and Payment: Patients eSign telehealth consent forms and pay for the session electronically before the appointment, ensuring compliance and payment are secured.
• Treatment Plans: Patients eSign treatment plans and pay for the initial consultation or package fees electronically, ensuring both consent and payment are received before treatment begins.
• Membership Programs: Clients eSign membership agreements for wellness programs and set up electronic payments for membership fees, ensuring continuous access to services and timely payments.

Human Resources and Recruitment

• Employment Contracts and Fees: New hires eSign employment contracts and pay any associated onboarding fees electronically, ensuring all documents and payments are completed before the start date.
• Recruitment Agreements: Clients eSign recruitment service agreements and pay retainer fees electronically, ensuring the agreement is formalized and payment is received before services commence.
• Training Program Enrollments: Employees eSign enrollment forms for training programs and pay associated fees electronically, ensuring both registration and payment are completed seamlessly.

Non-Profit Organizations

• Donation Agreements: Donors eSign donation agreements or pledges and make their donation payments electronically. This ensures that the commitment to donate is formalized and funds are received promptly.
• Event Sponsorships: Sponsors eSign sponsorship agreements for fundraising events and pay sponsorship fees electronically. This formalizes the sponsorship and ensures funds are available for event planning and execution.
• Membership Renewals: Members eSign membership renewal forms and pay membership fees electronically, streamlining the renewal process and ensuring continuous support for the organization.

Why Wait? Start Collecting with Foxit Pay Today

Gone are the days of managing multiple platforms for both document signing and payment collection. Foxit Pay delivers unmatched simplicity, precision, and security to your payment collection workflows. By consolidating both payment collection and document signing, businesses of all sizes can dedicate more attention to their core work and less time to administrative tasks.

Learn more and get started here.