Posts by Lauren Vanegas
Merchant Account Reserve 101
Applying for a merchant account can be tedious – especially if you are a high-risk merchant. After all the paperwork is gathered, applications signed and underwriting completed, you receive an approval for your new payment processing account (YAY!), but it comes with stipulations. One being a merchant account reserve, and the questions start popping up.…
Read MoreConvenience Fee Payment Processing – To Be or Not To Be
Convenience Fee Payment Processing is a hot-button topic within the ARM industry. There is a plethora of information available that all seem to contradict one another. This makes getting to the heart of the matter (Is this product a compliant and legal way to accept payments?) cumbersome and confusing at times. Let’s break down some important…
Read MoreReady to Make the Switch?! Important Factors to Consider When Changing Payment Processors
“Change brings opportunity” – these words spoken by Nido Qubein ring true on numerous levels, both personally and professionally. Choosing to make a change for your business can leave you hesitant to leave the current status quo. But it is important to remember there is no growth without change and sometimes it is necessary to…
Read MoreStreamline your Agency by Outsourcing to a Mail Vendor
Does your collection agency need to add a reputable mail vendor to your line up of business services? It’s a significant question to ask yourself within the ARM space no matter the type of debt collecting on – medical, retail, legal, commercial…the list goes on and on. Outsourcing this important aspect of your unique business…
Read MoreGetting an Auto Finance Merchant Account
Auto finance companies have incredibly complex needs when it comes to payment processing. Most customers no longer utilize paper checks to pay monthly bills. Consumers prefer more convenient payment methods that are easier to use and result in prompt outcomes. For these reasons, people prefer to make payments using their credit and debit cards. They…
Read MoreWhy It’s Important To Choose A Fully Integrated Payment Processor
Whether an e-Commerce, mail order/telephone order, or brick and mortar business, you need a payment gateway in order to process credit and debit card transactions . It’s a necessity in today’s day and age. Along with a merchant account, it’s important to ensure your payment processor can fully integrate with your customer relationship management (CRM)…
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