How to Detect and Prevent Fraud While Adopting Faster Payment Systems?

Efficiency and speed come at a cost. Strategic implementation of new technologies impacts the lives of several people. In the case of most financial institutions, a well-planned adoption helps both the consumers and internal employees get a better experience. However,…

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13 Key Components of ACH Security

What is the safest way to transfer money? Business owners and individuals often look for the most secure and economical ways to transfer money, especially when transferring large sums. With the increased use of digital transactions, they now have several…

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15 Best Payment Options for Small Businesses in 2022

Are you working with an  entrepreneur stretched too thin during the initial stages of of their business? You’re not alone. In a study by Asana involving thousands of participants across the U.S., U.K., and Aus/NZ, nearly 82% of the workforce…

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How Do Online Credit Card Systems Work? Top 9 Benefits

According to the Fed research from 2021, the average American holds three credit cards. This stat proves that the merchants that do not accept credit card payments face the risk of losing massive business each year. However, even the merchants…

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Why Merchants MUST Get Bank Account Verification Today!

Fraud.  Fraud is one of the scariest things that can keep a business owner up all night. Financial fraud can break your business even before it lifts off. FTC (Federal Trade Commission) study shows that merchants lost nearly $5.8 Billion…

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Why Should Small Businesses Use Online Payment Systems in 2022?

The little guys are not so little anymore. Most modern-day business owners start small but scale quickly, thanks to the potential unlocked by the internet. They grow much faster than the conventional old-school businesses. However, most companies that want to…

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Payment Portal Solutions for the Healthcare Industry

Advanced online payment portals transformed various industries in the last couple of years. Healthcare organizations actively adopt robust ACH and credit card payment solutions for their finance operations with an ever-increasing need for efficiency. The solution? The market is now…

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Payment Portal Solutions for Financial Institutions

Payment portal solutions help banks and credit unions across the globe go digital. The financial institutions that leverage these portals adopt more technologies that allow them to serve their customers better with the help of the right technology partners. Well-implemented…

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Important Check 21 Return Codes (With Details)

“Here is your PRD printout with the check 21 return code. We are sorry we need to halt this check processing,” the teller says. “Here’s what print and what code?” you respond, completely confused. Don’t worry, we have all been…

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How Can Banks Set up ACH Solutions For Their Customers?

Setting up ACH payments for your bank or financial institution is as easy as 1-2-3 now! More and more lending agencies are now offering alternative ACH payment methods to attract more customers. We already know that some of the benefits…

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