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Understanding Changes in Interchange Fees 2024 April/October: What You Need to Know
Interchange rates in card payments undergo biannual adjustments, typically in April and October. This means that we...
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Credit Card Technology (7)
Cash Discount vs. Surcharge Programs
The root concept of cash discount and surcharge programs is the same. However, fundamentally they operate a little...
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...
5 Ways To Collect Mortgage Payment
Technology reformed the banking and financial industry in unprecedented ways. With the advent of the internet and...
5 Tips on How to Conduct Financial Audits
There is no easy way to say this. Conducting a thorough financial audit is a massive headache for most business...
The Payments Industry Post-2020
Payments marketing develops quickly as tech innovators see the need to customize more intimately to stay relevant in...
How to Prevent Telephone Fraud for Card Transactions
When Alexander Graham Bell got his official telephone patent in 1876, there likely wasn't a single person around who...
Latest Payment Technologies for Merchants in 2022
Modern-day business owners have many payment options and see various segmented processing solutions. Without the proper...
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Pending ACH Transaction? Here’s what to do!
“What is this? A pending ACH transaction? What does it even mean? Why can’t I access the funds right now! Does this mean...
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...
Complete List of ACH Notification of Change (NOC) Codes
“You made a mistake this time around. But don’t worry, I know it was not intentional. Therefore, this time I got your back....
Rejected ACH Transaction? Here’s What to Do!
A rejected ACH transaction is common for business owners who process hundreds of transfers every day. Understanding why a...
List of 20 ACH Payment Gateway (SEC) Codes for Banks
In the previous blog on ACH Payment Gateway SEC Codes, we answered the following questions: What are ACH Standard Entry...
5 Tips to Prevent Returned Mobile ACH Payments
“Are you kidding me? Another returned mobile ACH payments notification? I am so sick of these notifications! I don’t even...
QuickBooks ACH Payments in 10 Simple Steps
Modern-day improvements in the banking network have changed the accounting game completely. Technology like ACH can help...
ABCs of Third-Party Service Providers and Nested Third-Party Senders
In the previous blog, we discussed the roles and responsibilities of a third-party sender. We understood how funds flow...
Why Some Banks Grow Faster: The Power of Strategic Partnerships
Developing times always bring about major changes in the functions and routes of organizational activities in every sector...
What are P2P ACH Transactions?
The world of P2P ACH transactions is expanding to a whole different level. The year-on-year growth for the use of ACH...
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Pending ACH Transaction? Here’s what to do!
“What is this? A pending ACH transaction? What does it even mean? Why can’t I access the funds...
Complete List of ACH Notification of Change (NOC) Codes
“You made a mistake this time around. But don’t worry, I know it was not intentional. Therefore,...
Rejected ACH Transaction? Here’s What to Do!
A rejected ACH transaction is common for business owners who process hundreds of transfers every...