PayCompass

Payment reversal can occur for several reasons, including chargebacks.

Payment Reversal Horror Stories: What Every Business Owner Needs to Know Before It’s Too Late

Payment Reversal Horror Stories: What Every Business Owner Needs to Know Before It’s Too Late When a customer buys goods or services from you, it’s easy to assume that the payment will go through smoothly and everything will end well. Of course, that’s the aim. However, payment reversal is a real thing, and many transactions…
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Quality payment orchestration allows you to manage your payment workflow across multiple systems.

Payment Orchestration Exposed: What Nobody Tells You About the Hidden Command Center Running Your Transactions

Payment Orchestration Exposed: What Nobody Tells You About the Hidden Command Center Running Your Transactions From reading the title, you might have one question – what is payment orchestration? It’s a fair question; so, before we go on, let’s break it down. Payment orchestration is how you manage and streamline all parts of accepting and…
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Duplicate payments cause operational, financial, and trust issues for businesses and customers.

Duplicate Payments Are Costing You More Than Money – Here’s What I Learned

Duplicate Payments Are Costing You More Than Money – Here’s What I Learned It goes without saying that nobody wants to pay for something twice. Customers certainly don’t, and from a business point of view, accidentally paying an invoice twice does nothing for your profit margins. It’s easily done in some ways; mistakes happen and…
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Electronic payments are extremely common, including credit/debit card payments, bank transfers, and mobile wallets.

Electronic Payments Exposed: What Banks Don’t Want You to Know About Moving Money

Electronic Payments Exposed: What Banks Don’t Want You to Know About Moving Money How often do you pay for goods and services with cash? It’s probably nowhere near as often as it used to be. In fact, according to a 2023 study, in-store cash transactions only accounted for 16% of payments, while credit and debit…
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Customer financing options are growing year on year. As a business owner, it’s good practice to offer beneficial products for you and your customers.

Customer Financing Secrets That Transform Small Businesses Into Revenue Powerhouses

Customer Financing Secrets That Transform Small Businesses Into Revenue Powerhouses With cost of living prices skyrocketing around the world, it’s no surprise that many people are looking toward credit or buy now, pay later options. From a business point of view, customer financing can become a valuable way to retain customers while attracting new ones…
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Understanding cross border payments allows you to avoid hidden costs and optimize your business operations.

Cross Border Payments: The Hidden Infrastructure Revolution Transforming Global Business

Cross Border Payments: The Hidden Infrastructure Revolution Transforming Global Business These days, the world is a smaller place than it’s ever been. Not in terms of size, of course, but in how easy it is to contact and do business with people from other countries. The rapid boom of the Internet has made international ecommerce…
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Checking your payment security and looking beyond the obvious will help keep your business safe.

Payment Security’s Hidden Vulnerabilities: Why Your Strongest Defenses Might Be Your Weakest Links

Payment Security’s Hidden Vulnerabilities: Why Your Strongest Defenses Might Be Your Weakest Links Security is like a padlock that holds firm against anything that threatens to bring your business to its knees. Even the smallest issue can turn into a major problem when not addressed correctly, so it’s vital to check all your processes regularly.…
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The payment reconciliation process is complex yet it can be optimized to boost cash flow and reduce timing.

Payment Reconciliation Process: The Hidden Intelligence Revolution Transforming Financial Operations

Payment Reconciliation Process: The Hidden Intelligence Revolution Transforming Financial Operations These days, the payment reconciliation process is more important than ever before. There are countless types of fraud doing the rounds, and this process helps to spot any issues and inform changes in your payment processing setup. Of course, it’s not only about that; it’s…
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Understanding freelancer payment solutions helps you get paid on time, without undue delays or complications.

Freelancer Payment Solutions: The Hidden Psychology and Economics That Control Your Income

Freelancer Payment Solutions: The Hidden Psychology and Economics That Control Your Income You can blame the COVID-19 pandemic, the focus on home and work-life balance, or anything else you like, but the freelance/gig economy is booming. In fact, according to Upwork, freelancers on its platform earned a collective $1.5 trillion in 2024. If you’re reading…
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