Sometimes you know it all with 1 Question

signapay

Measuring customer service is critical to any business, and in 2016 SignaPay is going to implement a proven method for understand where we are today using the “Net Promoter Score” NPS, a one-question survey that gives a company an idea of how its customer’s feel about the products and services they provide.

NPS was developed by Fred Reichheld of Bain & Company nearly fifteen years ago and has been shown to strongly correlate to how fast a company grows in the future.  The beauty of the survey is that it is easy and quick, customers answer a single question: How likely are you to recommend SignaPay to someone you know?

Customers answer with a number between 0 (not likely at all) and 10 (Extremely likely).  Reponses are grouped into three categories and the final score is calculated based on the promoter and detractor categories, the passive responses are ignored.

  • Promoter: Customers extremely likely to recommend SignaPay who give a score of 9 or 10
  • Passive: Customers who give a score of 7 or 8
  • Detractor: Customers who give a score between 0 and 6

The calculation works like this:

  • Number of promoters divided by the total number of respondents
  • Minus the number of detractors
  • Divided by the total number of respondents

This calculation holds constant no matter how large or small the company, regardless of the industry or the location of the business allowing a company to assess their service relative to others in its own industry or across industries.

SignaPay plans to survey our customer base three times in 2016 to establish our NPS score and then continue to understand how it trends.  SignaPay has enhanced customer service in the 4th quarter of 2015 with online support, service ticket management and detailed tracking with a focus on higher NPS scores.  SignaPay tracks customer service every minute of every day and is focused on doing what it takes to have all of our customer be SignaPay Promoters. Check back to see our scores.

Recent blog posts

The latest industry news, interviews, technologies, and resources

Read All Posts
August 13th, 2024
Press Releases
SignaPay Celebrates Fourth Appearance on Inc. Magazine’s Inc. 5000 List

FOR IMMEDIATE RELEASE Dallas, TX, August 13, 2024 – SignaPay, a premier provider of innovative payment solutions, is thrilled to announce its inclusion in Inc. Magazine’s prestigious Inc. 5000 list …

Read Full Post
November 5th, 2024
Customer Experience Payment Industry Small Business
Turning Small Business Saturday into a Win for Merchant Services

With the rise of the Shop Small® movement and the upcoming 14th annual Small Business Saturday on November 30th, 2024, merchant service representatives have a unique opportunity to assist their …

Read Full Post
October 29th, 2024
Customer Experience Payment Industry Small Business
Credit Card Processing Outages: Causes, Impacts, and Solutions

Credit cards are essential for business transactions, but even the most reliable systems can experience processing outages. For businesses, these disruptions not only hinder sales but also impact customer satisfaction. …

Read Full Post
October 22nd, 2024
Payment Industry
Field Sales Training for Merchant Services: Elevate Your Sales Team’s Success

Field sales training is a critical component for any merchant services company, especially one like SignaPay. In the competitive landscape of payment processing, a well-trained field sales team is essential …

Read Full Post
Read All Posts

SignaPay Merchant Sales Interest Form

SignaPay ISO Sales Interest Form

Sign Up

Ill-31

SignaPay Merchant Inquiry

icon

SignaPay ISO/Agent Program Inquiry

icon