In today’s tightening economy, businesses that put customer experience and digital transformation as their top priorities will not only survive, but grow. This means catering to customers by giving them options they want – like text payments. Text billing and other customer-centric tactics (user-friendly workflows, preferred communication channels) boost payments to improve your bottom line among younger customers.Using New Communication …
Keys to Collecting Payments from Any Generation
With the rise of millennials as a larger portion of the consumers who now owe debts, generational collection strategies have become a popular topic. Just this week, Beth Conklin of State Collection Service, Sabrine Salti of American Profit Recovery, and Vivan Chau of TrueAccord joined Mike Gibb from Accountsrecovery.net to discuss this topic during the webinar Speaking The Language of …
SaaS Payment Onboarding: Setting Up a Merchant Account
Last Updated December 2022 Do you know what it takes to begin payment processing for your business through a new software vendor? Understanding how to set up a merchant account can save time and frustration going through the process for your business. Here are the basic considerations for companies setting up a new merchant account.Merchant Onboarding PaperworkMerchant account underwriting can …
Guide to Omnichannel Payments and Security
Chances are, you’ve heard of omnichannel payments while shopping for payment software but may not understand exactly what the term means – or why it’s important.What are Omnichannel Payments?Omnichannel and multichannel are both terms used to describe payment offerings. Multichannel means you can take advantage of multiple payment channels in a single tool. Omnichannel payments take this concept a step …
