Payment Processing Tips
Use Innovative Payment Technology To Grow Your Business
Competition is fierce no matter the industry you work in. Countless companies are fighting hard to earn the business of your potential and current customers. It would help if you…
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…
Why Training Collection Agents Is Important For Agency Success
Training collection agents is one of the keys to success for any collections business. Incentivizing is also another great way to boost cash flow. Your company’s bottom line ultimately depends…
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 to avoid delays in the decision-making process. Being prepared ahead of…
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. Being aware of standard ACH…
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…
Do You Have a Stable Merchant Account?
Choosing the right company to process payments is one of the most important decisions you face as a business owner. This holds especially true if you work in an industry…
Selecting the Best Debt Collection Software
Debt collection software provides agents with the ability to spend more time collecting debts and less time working on non-revenue producing activities. For example, a few clicks on the keyboard…