10 FAQs on Cash Discount Programs

Business owners often use cash discount programs to attract more customers and facilitate faster money processing. Simply put, a cash discount program is a small monetary benefit given to the customers who pay for the product/service with cash, debit cards,…

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Cash Discount vs. Surcharge Programs

The root concept of cash discount and surcharge programs is the same. However, fundamentally they operate a little differently. Understanding the differences between these programs will help you select and implement the right one for your business. Here we will…

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24 FAQs on Credit Card Processing Fees

The world of payments is quite elaborate. Business owners now have the option of sending and receiving funds through cash, ACH, online banking, paper check, debit and credit card processing, etc. Without proper guidance, you can easily get lost in…

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Nacha and ACH Defined for Understanding Payments

Can the #payments industry possess more fun methods to teach #businesses how to stay in #compliance and follow #regulations? I mean, listen, all of those acronyms can get overwhelming for a sales rep, much less remembering them all to pass on when creating a #merchant account for #ACH and/or credit cards.…

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Nacha ruling modernizes ACH transactions

Nacha published new guidance on authorizations on Sept. 17, 2021, expanding ACH acceptance into new technologies and channels. The ruling, termed "Meaningful Modernization," enables consumers to authorize future non-recurring ACH transactions by voice or in writing, Nacha representatives stated. Specialists…

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Breaking news as MPC attracted a diverse global audience to discuss payments

August 4, 2021 With final preparations underway for the 11th annual MPC Digital Commerce Event, the virtual show, set to run Aug. 17 to 19, 2021, is attracting registrants from numerous industries, countries and organizations, conference planners stated.   Marla…

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5 Things Merchants Need to Know About Offering a Cash Discount Program

For businesses of any type and size, offering various preferred payment methods is critical to be a player in the game. Merchants can offer a multitude of ways to pay—cash, ACH transfer, eCheck, credit and debit card, contactless, mobile, and…

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6 Merchant Account Underwriting Requirements Business Owners Need to Know

Whether you’re planning to accept ACH or credit cards at your business, knowing what to expect will demystify the merchant account underwriting process. A little planning will go a long way toward meeting standard requirements for obtaining an approved merchant…

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5 Innovative ACH Payment Technology Trends for a Sustainable Digital Economy

Payment technology is transforming business processes across a multitude of verticals and industries. Industries themselves are evolving to become more technology driven, which boasts a variety of benefits. Not only are ACH payment solutions a green initiative—something many businesses are…

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Proper Authorization: WEB Transactions Ecommerce Sales

Ecommerce Sales for ACH and Credit Card Transactions Rises Year to Year. The National Retail Federation calculated ecommerce sales “increase 4.1 percent over 2018 to 2019, as much as $730.2 billion.” With that in mind, merchants should revisit our resources…

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