Posts by Lauren Vanegas
A Guide to Bad Check Collection
Even though ATMs, mobile banking, and credit card payments are part of our everyday life, some people still write checks. For most of these individuals, it’s become an antiquated habit that is hard to break. For others, they take advantage of the processing lag-time to give a few extra days to receive the money they…
Read MoreMake Online School Payments Easy
One of the biggest challenges school administrators face is communicating monies due to parents. Small amounts due accumulate quickly and lead to a school having a heavy receivables book and ultimately little cash flow. To avoid instances of late or missing payments, schools can take their payment acceptance online for easy and secure processing. Improve…
Read MoreGuaranteed Revenue with Recurring Payments
Small businesses must adopt practices that keep revenue flowing to ensure future success. A widely used feature to accomplish this is the recurring payment. By allowing your customers to authorize automatic and continual payments to your business, your aging receivables are drastically slashed, and cash flow quickly predicted. Are you interested in learning how to…
Read MoreCreating a User-Friendly Payment Experience
Many things attract people to a business. The quality of products or services offered, the customer service experience, location, and even the checkout/payment process are all factors drawing customers. Unfortunately, payment processing isn’t always the first thing entrepreneurs think about when setting up operations. Payments are an ever-evolving technology and having an advanced. A user-friendly…
Read MoreConsumer Friendly Electronic Payment Methods
It is not a surprise that consumers today are making more online payments than ever before. Interestingly enough, research by PWC found that the number of consumers making mobile purchases increased from 7% to 17% from 2010-2017. With this information on hand, it is wise that businesses provide several electronic payment options to meet consumer…
Read More2020 Consumer Finance Trends
As we delve into a new decade, we are beginning to see new trends in the world of consumer finance and lending institutions. Technological advancements are re-shaping financial entities and improving both their service delivery and product offerings. Both consumers in need of financing and financial institutions extending credit are noting the changes and look…
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