Collection Agency Challenges

The collection agency faces many challenges, including ever-changing technology and tightening oversight. Indeed, even locating a debtor and determining which communication method is most successful can be an overwhelming task. It’s important to regularly review your processes and procedures and pay close attention to your collection agency challenges. Strengthening and overcoming these areas quickly put…

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Customer Satisfaction, Debtor Experience, Collection Agency

A recent study conducted by Pew Charitable Trust revealed that 8 out of 10 people in the United States live in debt. Similarly, when customers fall behind on payments, it poses significant challenges for both the consumer and the business. All businesses, regardless of the industry, require timely and regular payments from customers to stay…

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Business Payment Solution, Business Payment Solutions, Payment Processing

Finding the right business payment solution can be challenging! There are many business payment solutions available today. Many of these options are tailored to a specific niche because of the diverse payment preferences influenced by age groups, types of businesses, and technologies. With these different options, it can be challenging to choose the right payment…

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Online Payment Processing Risks

Online payment transactions have grown to be quite risky and insecure. Nowadays, a simple click on an email can expose all your financial details in a matter of seconds. This is why business owners need to take the necessary steps to protect themselves and their clients from online payment processing risks. As a business owner,…

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2021 Payment Trends

Technology is rapidly evolving, and the world of payments isn’t left behind. It’s why merchants should keep an eye on payment trends to ensure they’re ahead of the curve. As payments continue evolving, companies are finding new strategies for improving customer experience and optimizing software through them. Since payments are ubiquitous, they give businesses and…

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