What is SWIFT?

SWIFT, Payment Transfers

According to analysts, in 2012, it was observed that SWIFT facilitated up to $6 trillion per day. In 2015, more than 6.1 billion payment instructions were sent through the network. Today, it is the world’s most significant electronic payment tracking system. However, contrary to what most people think, SWIFT does not do any of the…

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Agent Word Choices in Debt Collection

Agent Word Choice, Debt Collection, Collection Agency

Debt collection may sound simple; a consumer owes outstanding monies, so you reach out to collect on the past due balances. However, it’s not that easy, especially for third party collectors. Every word matters in debt collection phone calls. The right words can get an individual to pay their debts. In the same vein, the…

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The Merchant Services Contract – How Long Are You Locked Down?

Merchant Services Contract

It’s easy to overlook the contract terms with your merchant account provider. Many of us sign on the dotted line without fully understanding all terms and conditions. Irrespective of the payment processor, we cannot stress how crucial it is to comprehend your merchant services contract fully. In today’s mobile apps, we automatically hit ok when…

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How to Drive Web Payments in High-Risk Industries

Web Payment, Online Payment Portal, High-Risk Merchant

High-risk merchants highly benefit from a web payment platform. This payment solution has become the expected standard for many consumers. They crave flexibility and consistency when paying for a good or service online. Without providing a convenient online checkout experience, expect potential customers to look elsewhere. Therefore, it’s essential to have an online payment portal…

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Recurring Payment Compliance – Why is it Important?

Recurring Payment, Subscription Payments, Payment Solutions, PCI Compliance, NACHA

Does your business collect recurring or subscription payments? We wrote this just for you if the answer is yes! Recurring payments are a stellar way to guarantee income month after month, but is your payment platform PCI compliant? PCI – or Payment Card Industry – compliance should not be viewed as a thorn in the…

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Customer Service – Why it’s Important Now More Than Ever

Customer Service, Customer Experience, Business Success, Pandemic Business Survival, Your Payment Partner

2020 started strong for numerous industries across the country. Unfortunately, COVID-19 has left many business owners wondering how to keep customers purchasing goods and services in the age of social distancing and quarantine recommendations. If companies are open for business, how will they work out any concerns in a timely fashion? Having a supportive, knowledgeable,…

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