Payment processing is all about the particulars. There are a great deal of payment processing companies out there contending for your business. Choosing the best one for your business is crucial – yet it can often be a confusing process. All companies claim to be the best, but only a … Read More
Debit Card vs Credit Card Processing
Consumers use credit and debit cards to fuel their daily lives. There is no doubt that your business needs to have the ability to process both credit and debit cards in today’s eCommerce world. The following information explains everything you need to know about debit card vs credit card processing. Credit … Read More
First Time Accepting Card Payments? Here Are Some Vital Rules to Follow
Accepting credit and debit card payments provides a convenience for your customers. Most consumers have come to expect it and some will turn to your competitors if you fail offer it. In addition, credit and debit card payments help you get paid faster than alternative payment methods. Cash is obviously the … Read More
Best Practices For Successful Auto Finance Lenders
Automobiles have become an essential part of life for people around the globe. Buying a new or used automobile is one of the larger purchases most consumers make and most need to find financing to afford it. As a result, auto finance lenders have sprouted up across the country to … Read More
Use Innovative Payment Technology To Grow Your Business
Competition is fierce no matter the industry you work in. There are countless companies fighting hard to earn the business of your potential and current customers. You need to take measure to distinguish your business in order to stand out from your rivals. Unless you have an unlimited advertising and marketing budget, this is … Read More
How to Minimize CFPB Complaints
You may be familiar with the Consumer Financial Protection Bureau, or CFPB for short, but are you aware of the impact it can have on your collections agency business? Debtor complaints to the CFPB can cause you to lose both time and money in the form of lawsuits. Not to … Read More
Why Training Collection Agents Is Important For Agency Success
Training collection agents is one of the keys to success for any collections business. Your company’s bottom line ultimately depends on your employees’ performance. However, a great deal of agency owners fail to provide their staff with the training tools needed to perform at the highest level. The good news … Read More
Documentation Needed for a High-Risk Merchant Account
Setting up a high-risk merchant account is a simple process. It is important to submit all of the necessary paperwork in order to avoid delays in the decision making process. Being prepared ahead of time will help to ensure that the application process is stress free and successful. While exact requirements may … Read More
NACHA Rules Simplified
Businesses that accept electronic ACH payments need to be aware of the rules and regulations as set forth by the National Automated Clearinghouse or NACHA. Payment Savvy’s ACH payment processing solutions are engineered to be compliant for your business and protect your customer’s senstive financial data. The following information will help … Read More
What Is The Fair Debt Collection Practices Act (FDCPA)?
Everyone in the collections industry has heard of the Fair Debt Collection Practices Act, or FDCPA for short. However, many collections agency owners, operators, and agents are unfamiliar with exactly how the FDCPA directly affects their business. The intent of this article is to help provide clarity to a few … Read More