Payment Processing Tips
ACH vs. Wire Transfer
Consumers and companies have a vast choice of options to transfer money these days through traditional or more modern internet-based banking. Two of the more common methods are known as…
What Is Recurring Payment? Definition, Types & Benefits – Essential Guide
Key Takeaways Recurring payments are regularly scheduled payments, often used for subscriptions or regular expenses, and can be either fixed or variable in amount. Both consumers and businesses benefit from…
The Ultimate Guide to Small Business Credit Card Processing Services
Using an efficient credit card processing service has become essential for any small business that wants to thrive in today’s economy. Whether you’re an online merchant, hairdresser, or own a…
Payment Processor vs Payment Gateway: Purpose and Differences
Adding a page for customers to input card details isn’t enough to secure their personal information. It is the merchant’s responsibility to provide customers with safe and secure online payment…
Debt Collection Merchant Account
The debt collection industry is a constantly growing one, and with a value of around $13 billion, it is not surprising to see more and more collection agencies being established…
What is ACH Payment?
An ACH payment is a type of electronic funds transfer that allows you to move money from one account to another without using cash, checks, or other payment methods. The…
Let’s Talk About IVR Payment Systems!!
Ever paid a bill over the phone? That’s IVR in action! These automated phone payment systems let customers make transactions by simply pressing buttons on their keypad – no human…
The ABCs of Same-Day ACH Payments
As the saying goes – time is money. Many business owners agree deposit times for electronic payments are outdated, especially in the world of 24/7/365 delivery. While consumers receive goods…