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Beware the Pitfalls: Navigating the Minefield of Payment Compliance in Medical Billing
Compliance is essential for a healthcare provider to preserve patient trust and uphold the legal integrity of the...
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Entrepreneur Life
The Top 8 Types of Payment Fraud Merchants Need to Be Aware of and How to Prevent Them
In 2022, eCommerce businesses were hit by 41 billion USD in online payment fraud, according to Statista. This troubling...
Secure Payment Processing on Mobile Devices: iCG Pay Gives Best Practices for Merchants
How do you like to pay?
What is FedNow, and How Does it Help You?
To say that we expect a spike in the adoption of real-time payments in the future, is a gross understatement. Latest...
HVAC/Plumbing Companies: Optimizing Payments with Strategic Processor Partnerships
As the adage goes, customer satisfaction is king.
Nacha Security Standards 101: A Must-Read for Payment Processing Consumers
Consumers, governments, and all types of businesses are increasingly relying on ACH payments for money transfers, bill...
Helpful Tips That Will Help Property Management Companies Grow in 2023
The property management industry has been uncertain over the past two years. Apart from pandemic-related issues,...
Top 10 Applications of Frictionless Payments
Digitization has almost entirely eliminated the need for cash and cards for shopping. No wonder why more and more...
10 Steps of Adopting Enterprise Risk Management for Payment Security
Today, if you search for “Cybersecurity” on Google, you will see about 723,000,000 results within 0.5 seconds. 723...
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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...
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...
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...
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...
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...
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...
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...
Bank-Owned vs. Third-Party Payment Processing: What’s the Difference?
The demand for payment processing solutions is on the rise. The market size is projected to grow to $116 billion by 2027, up...
What Are the Best Fraud Prevention Strategies for Credit Unions?
Credit unions are particularly vulnerable to fraud. According to the Voice Intelligence & Security Report, credit union...
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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...