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Top 5 Payment Trends Revolutionizing the Insurance Industry
The U.S. is home to the world’s largest insurance companies, generating billions of dollars in revenue. As the digital...
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How to Collect Medical Bills If a Customer’s Card is Not Present?
The dependence on digital payment technologies increased significantly in the post-COVID era. Recent studies by the...
5 Things To Know About IVR Call Centers for Healthcare Operations
"But why should you invest your hard-earned money in IVR technologies? Don't people prefer talking to people?"
How Channel Sales Partners Help Merchants Adopt Real-Time Payments?
The global real-time payments (RTP) market has outgrown expectations in the last three years. COVID-19, unemployment,...
Pros and Cons of Offering a Buy Now Pay Later Car Insurance
Car insurance payments are some of the most cumbersome (yet necessary) payments that one cannot afford to miss. An...
Energy Bill Collections for Wind Energy Providers
Inflation is rising, a recession is imminent, global warming is killing life, and the world is on fire. Quite...
What are Alternative and Frictionless Payments?
When was the last time you paid for something with cash? Chances are, you don’t remember. Merchant businesses seek to...
Summing Up the SEAA 2022 Annual Conference
The payments industry enjoys a unique position as one of the few industries that benefit from the expertise of several...
Top 5 FAQs on QR Code Payments for Merchants
Latest studies by Statista show that 75.8 million smartphone users in the U.S. scanned a QR code in 2021. This number...
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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...