Artlogic Pay is simple. You create an invoice and send a payment link to your client, they click on it and are taken directly to a secure payment page to complete the transaction – both parties receive confirmation that the payment has been successful.
Here's what Artlogic Pay means for gallerists:
1. Streamlined payments
No more calling clients and entering payment details by hand. By using Artlogic Pay, you can generate near instant invoices, which contain payment links that allow your clients to complete transactions within a few clicks. Payments are settled more promptly, reducing the time you need to spend chasing invoices."Artlogic Pay helps because it's immediate and clear when a client has paid."
Says Victoria Kennedy, founder of Kennedy Contemporary.
2. Improved collector experience
Redirecting your client to a third party payment page can damage trust and create friction in the buyer journey. With Artlogic Pay, the entire transaction takes place within our ecosystem, ensuring the user experience is consistent and seamless: building loyalty and increasing the chance of future sales."Being able to say 'here's a link here to a payment platform which is operated through Stripe and you can enter your details and pay via this way' is great."
3. Deposit collection
As well as settling the full balance, you can use payment links to collect a fixed or percentage amount as a deposit. If a collector isn't ready to pay in full, this is a great way to secure a future sale and to make the most of a successful interaction at an art fair. This added level of flexibility really brings a new string to your bow, allowing you to tailor your sales to the individual requirements of each collector.4. Instant confirmation
Once your client has completed the transaction, your contact, artwork and sales records will update the status of that sale in real-time, giving you and your team instant visibility over what's been paid or partially paid for. Saving you loads of time as you don't have to manually check your bank statement, or chase your client for confirmation of payment.5. Better security
Building trust with collectors is crucial. Artlogic's partnership with Stripe allows security to form the backbone of Artlogic Pay. As a secure, globally-trusted payments service provider, Stripe is compliant with PCI-DSS, which ensures the highest standards of data security for online payments, generating extra peace of mind when it comes to transactions processed through Artlogic Pay.
"With the time saved, there's no shortage of things that we could be doing rather than working on admin."
With ambitions for growth, discover how Charles Moffett uses Artlogic Pay to fuel transactions.
Read more
-
How Stripe boosts Artlogic Pay security
The integration with global payments provider facilitates greater security and more efficiency. -
Out with the admin, in with the app
Frieze at 20 reflects the art world’s digital shift and why integrated solutions are the future. -
Pay-ving the way
The artwork, the payment, and the solution – introducing a new age of buying and selling art.
