Payment Processing Tips
Overcoming Costly Chargebacks in the ARM Industry
Chargebacks are a costly and unfortunate occurrence in the Account Receivables Management (ARM) industry. As a collection agency executive, you bear witness to how frustrating dealing with disputes can be.…
Interchange Explained
Interchange rates. They are inexplicably tied to payment processing and merchant accounts. But why? Read through our concise guide to learn more about this card payment fee. Interchange Rates Defined…
ACH Return Codes – a Savvy Guide
Key Takeaways ACH Payments and Returns: ACH payments are convenient and cost-effective. However, businesses must understand ACH return codes to avoid revenue loss and increased fees. Common ACH Return Codes:…
What is a Chatbot?
The fast pace of technology makes touching base with your clientele easier every day. You can now buy a car and have it delivered to you at your doorstep without…
Lowering High-Risk Payment Processing Costs
Identifying as a high-risk business creates several hurdles for your company. One consistent concern is the high cost of payment processing. Offering electronic payment options – such as web payments,…
Alternatives to an Offshore Merchant Account
In the modern world, clients require convenient payment solutions. Many business owners find it hard to meet this demand – mostly due to being labeled a high-risk merchant. Many businesses…
Understanding Merchant Account Terms
Accepting debit and credit card payments in exchange for goods and services is a universal business concept. This means a company needs to establish a merchant account to process payments…
The Lowdown on Fintech
Fintech, a portmanteau of the words “financial” and “technology,” has taken the world by storm. In everything we do, from buying coffee to managing bank accounts online, this technology is…