It’s no secret that the COVID-19 pandemic has disrupted daily life and devastated financial markets across the world. Inflicting the worst damage on the U.S. economy since the Great Depression, the novel coronavirus resulted in record unemployment, fractional commercial activity and a slow recovery. Certainly, times are tough for all companies, but the ones that...Read More
In the modern world, more business is being done online and fewer customers are carrying cash. Companies are recognizing the importance of offering additional, flexible and, preferably, paperless payment options. And collection agencies are no exception. With consumers using a credit card for nearly one-quarter of transactions, collections credit card processing is a good decision...Read More
More than ever, touch-free payment solutions are an absolute necessity for businesses in an increasingly contactless and cash-free world. Today’s customers use their phones for just about everything, with 60% preferring them to make payments and more than 80% reporting that multiple bill-pay options increase their satisfaction. According to Accenture, the COVID-19 pandemic accelerated the...Read More
With the rise of e-commerce, online payment fraud has also increased, becoming one of the most frequently occurring and damaging illegal activities on the internet. In fact, experts estimate that e-commerce credit card processing fraud could top $25 billion by 2024. E-commerce payment fraud encompasses almost any kind of unauthorized or illicit online transaction made...Read More
In an increasingly contactless world, more and more business is being done remotely. Merchants need to keep up with their customers, and a virtual terminal for credit card payment processing can help them expand their options and grow their business. Enabling greater convenience, mobility and efficiency, virtual terminals optimize business operations. These modern systems make...Read More
For business owners, credit card processing is an occupational hazard, and for many, an irritating, unclear and expensive one. While card processing is quite literally one of the costs of doing business, it doesn’t have to be as high a cost, or as confounding an experience, as you might think. Any time a merchant accepts...Read More
