Payment Monitoring System: How to Track and Improve Your Payment Performance

If you think back just a decade ago, there were very few ways you could pay for your goods and services. From a business point of view, it was cash or card. Yet, fast forward to today, and there are many different payment methods customers can choose from.  It’s not only about convenience on the […]

Every business is different. You can have two companies that sell the same thing, but their sales volume and how they go about their business will be completely different. And that’s a good thing – after all, variety is the spice of life.  Yet when it comes to payment processing, it’s important to find a […]

The travel agency has long been one of the most profitable around, but there’s no denying that it faces challenges. Not only are many popular destinations mostly seasonal, it also got hit very hard by the COVID-19 pandemic. The other issue? It’s classified as a high-risk industry, which means there are hurdles and challenges awaiting […]

These days, we shop online more than ever before. There are pros and cons to this, like everything else, but it means plenty of choice and lots of flexibility for both customers and merchants alike. Of course, this has pushed us toward exploring different payment methods in a bid to make digital payments faster, more […]

As the name suggests, a pre-authorized payment is when a customer gives you permission to automatically charge them for their goods or services. For companies, this type of approach is a convenient way to ensure a steady cash flow. When bills are due, your administrative staff members don’t have to chase anyone for their monthly […]

Automated Clearing House (ACH) payments are governed by Nacha. When a payment is made, it moves through the ACH network until it reaches the recipient. This type of payment is typically used for direct deposit, automated bill payments, peer-to-peer transfers, and payments to contractors. While the ACH network is extremely secure, ACH fraud can easily […]