Payment Processing Tips
Trust Fund Payment Processing for Law Firms
Most people think that payment processing for law firms is a simple and straightforward process. However, it is a complex procedure that is governed by strict regulations. Payments received must…
How to Setup a Small Business Merchant Account
A small business merchant account allows a company to accept electronic payments, such as credit cards, debit cards, and ACH. Almost every small business hoping to succeed needs this ability…
Industry Spotlight: Third-Party Debt Collection
Once upon a time, companies around the globe incurred substantial losses due to delinquent receivables. With no clear policies on recovering past-due debts, entities, at times, engaged in unscrupulous methods…
Acquiring banks – Why do they perform a risk review?
Card brands, such as Visa and MasterCard, assess risk levels before boarding a merchant. Due to an acquiring bank processing card funds on behalf of merchants, MasterCard and Visa delegate…
Factors to Tick Off Before Partnering with a Merchant Service Provider
A merchant account is a must-have if you want to collect electronic payments for your business. This includes debit cards, credit cards, HSA/FSA cards, and ACH, or e-Check, payments. Despite…
Are Electronic Signatures Safe and Compliant?
All the mobile apps and online sites aside, one thing has remained important – the signature. In the past, individuals used to sign their signatures on paper with a pen.…
5 Things to Know Before Opening a Startup Business
It takes more than having capital backing and a brilliant idea before opening a startup business successfully. Many first-time business owners rush into the market without a plan to be…
Successful Debt Recovery Tips for Businesses
When customers do not pay promptly, a company’s cash flow is significantly affected. Therefore, designing an effective collecting strategy for past due accounts is vital for success. Here are several…