Financial Services and Solutions
How Does the Electronic Payment Processing Cycle Actually Work?
Key Takeaways Key Players: Merchants, customers, online payment gateways, payment processors, card associations, issuing banks, and acquiring banks. Merchant Account: Obtained from an acquiring bank to facilitate electronic payments. Customer…
Debt Collection Payments Dragging? Check Out These Simple Solutions!
Receiving payment on past due financial obligations often requires the use of a knowledgable debt collection agency. When contacting a debtor for collection purposes, whether it be via phone, email,…
High-Risk Merchant Account Tips
A business may be considered high-risk based on several factors. These include regulation by governmental agencies, public perception, and high chargeback ratios. A significant number of businesses are unaware they…
Need to Accept HSA and FSA Payments? Not All Processors Have the Ability!
Key Takeaways HSA and FSA Cards Processing: To process HSA and FSA payments, businesses must be underwritten correctly by their merchant provider and be approved to operate under a specific…
Important Features of an Online Payment Gateway
KEY TAKEAWAYS Choosing the right payment gateway is crucial for online transactions as it serves as a digital bridge between the customer and the business. The best online payment gateway…
Is Your Payment Processor Viable?
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…
Debit Cards 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. …
First Time Accepting Card Payments? Here Are Some Vital Rules to Follow
Accepting credit and debit card payments provides convenience for your customers. Most consumers have come to expect it, and some will turn to your competitors if you fail to offer…