Posts by Lauren Vanegas
Overcoming Common 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…
Read More6 Ways Collection Agencies Can Offer Customer Satisfaction
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…
Read More4 Tips to Pick the Right Business Payment Solution
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…
Read MoreMerchant Account Benefits for your Business
A merchant account is crucial for all types of business. Nowadays, consumers are increasingly making purchases using credit and debit cards. Therefore, it becomes crucial for businesses to provide several payment options for customers to attract new clients and further revenue. Merchant accounts act like intermediaries allowing a business to accept credit and debit cards…
Read MoreReduce 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,…
Read MorePayment Trends to Watch For in 2021
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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