Payment Processing Software Merchant Onboarding: What to Expect

Payment Processing Software

Share this Article Shopping for payment processing software can take a while. After considering a product’s security features, reviewing the front-end for its customer centric properties, ensuring it allows you to accept multiple payment methods, and learning how it will impact your office operations, you may be ready to dive in and start taking payments. Unfortunately, there’s one more step …

Why Omnichannel Payments are Valuable to ISOs and their Merchants

Omnichannel Payments

Share this Article What are omnichannel payments, and why should every merchant be using them? “In the case of payments, omnichannel — literally meaning multiple channels —  refers to the ability to take payments in a variety of ways without a jarring difference in convenience, service or even branding,” according to business.com.   Offering your merchants an omnichannel payment hub can …

Confused About How To Comply with Regulation E for Accounts Receivable? Legal Experts Explain

Comply with Regulation E

Share this Article Regulation E is a well-known, but often confusing regulation found within the Electronic Fund Transfer Act (EFTA). Although most accounts receivable departments fall under its scope in some way or another while accepting payments, many ARM professionals don’t fully understand what is required of them to comply. Some might even think it is too much trouble, and …

How a Payment Management System Improves Office Operations

Payment Management System

Share this Article All office managers are looking for ways to save money and make operations run more smoothly. However, spotting ways to improve can be tricky. One overlooked area that can cut expenses is your payment management system. The value of a good solution is hard to quantify just by the price tag. After all, efficiency in your processes …

How To Add Value For Merchants with Built-In Payment Compliance

Built-In Payment Compliance

Share this Article There are many ways a merchant must adhere to payment compliance throughout the transaction process. What’s more, they often have little or no knowledge of the requirements they are expected to follow, even when violating this compliance could lead to litigation or crippling fines. When choosing a payment management suite to offer to your merchants, are you …

How Multiple Payment Methods Can Boost Your Revenue

credit card processing services

Share this Article Merchants object to offering multiple payment methods to their customers for several reasons, but the most common is cost. While many goods and services are easily measured by their price tag, payment processing is not so cut-and-dry. Providing more than one way for a consumer to pay might seem like it will rack up bills. In reality, …

Is An Online Payment Option Really That Important to Your Customers? (Yes!)

Online Payment Option

Share this Article It’s hard navigating the responsibilities of managing a small business. Because day-to-day operations often take priority, long-term, revenue-driving decisions tend to get pushed aside. They shouldn’t. If you want your business to grow, you need to make it as easy as possible for customers to pay you. This means you need to think about how your company …

What to Know About ACH Return Codes

ACH Transaction

Share this Article Accepting Automated Clearing House (ACH) payments can provide added convenience to customers during the payment process while increasing revenue for your business. Unfortunately, no payment method is without hurdles. In the case of ACH, the most common hurdle to overcome is understanding and addressing codes for returned payments. There are many ways an ACH transaction might get …

3 Trends To Watch For In Payments This Year: Takeaways From ACA 2017

payment management solution

Share this Article The annual ACA International Convention and Expo is one of the nation’s best-known events to ARM professionals in the credit and collection industry. Visiting this expo helps ARM professionals network and learn about new technologies. It is also a valuable experience for service providers who want to strengthen relationships with current clients and make new connections. The …