How to Increase Store Purchases and Decrease Transaction Fees (Beta)

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This article will take you through; 

  1. How to increase Store purchases and decrease transaction fees
  2. Next steps and additional support

How to increase Store purchases and decrease transaction fees

Account Balance is a new feature that streamlines the payment process by allowing clients to put a credit value onto their account so they can use it later. With 'Account Balance' your clients don't need to have credit cards or cash to hand, the price is simply deducted from their account.

You can now increase purchases to your store and decrease transaction fees by setting up an Account Balance for your clients, which they can use before or after their workout. This will;

  • Increase ad-hoc purchases
  • Decrease transaction fees from card payments
  • Make it easier for your clients to make purchases without carrying their purse/wallet around with them

For example, a client comes to the gym and forgets their water bottle, you sell them a new which is taken from their Account Balance.

Another benefit is the ability to be able to go into a negative balance, this means even if your client doesn't have enough left in their Account Balance, you can still complete the purchase and have the client balance their account on their next visit to your studio. 

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To learn more about 'Account Balance', its benefits and how to set it up, read the below article; 

Next steps and additional support

Once you have 'Account Balance' figured out, you will likely want to monitor 'Transaction and Payout reports. Read the article below for more information; 

For additional support, reach out to customersuccess@glofox.com, and we will be happy to assist you.

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