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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 Many business owners agree deposit times for electronic payments are outdated, especially in the world of 24/7/365 delivery.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…
What are ACH Payments ? ACH Debit & Credit Explained
Key Takeaways Understanding ACH Payments: ACH (Automated Clearing House) payments and debit card transactions are two popular options for receiving customer payments. Knowing the differences between them can help you…
7 Ways Small Businesses Can Rise Above Inflation
As a small business owner, you’re always looking for ways to keep your bottom line in the black. But with inflation in the United States reaching 8.5 percent last month…
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…
What Interchange Rate Increases Mean for Your Business
Merchants, your credit card rates might be going up in April. Both Visa and Mastercard are preparing to raise the costs that many companies pay when consumers use their credit…
The 4-1-1 on the Consumer Credit Fairness Act
A new NY law – the Consumer Credit Fairness Act – directly affecting debt collectors in the state starts to go into effect on April 7, 2022. What does the…
Get Your Ducks in a Row with a Redundant Merchant Account
Did you know that one in four businesses experience a payment processing outage each year? For high-risk businesses, this can be disastrous. A payment processing outage can mean lost sales,…