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IVR Technology

ACH vs. EFT: What Are the Key Differences?
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ACH vs. EFT: What Are the Key Differences?

Writing paper checks was the standard for secure transactions years ago. However, with the advancement of digital...

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Municipal Online Payments: Enabling Convenient Transactions for Local Governments
According to the 2020 McKinsey Global Payments Report, the COVID-19 pandemic accelerated a series of trends in consumer...
What Are the Advantages of IVR Payment Systems for Municipal Services?
Experts estimate that the global Interactive Voice Response (IVR) market will grow to $6.7 billion by 2026. Rapid...
How Can Banks and Credit Unions Offer IVR Payments to Their Utility Company Customers?
The modern consumer is constantly looking for convenience when making payments. With recurring billing in the utility...
How Do Companies Use Automatic Payment for Energy Bills?
Competition in the energy and utilities market increased exponentially over the last few years.Today, there are nearly ...
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...
Payment Portal Solutions for the Healthcare Industry
Advanced online payment portals transformed various industries in the last couple of years. Healthcare organizations...
Using IVR Call Centers to Collect and Manage Payments
IVR call centers possess automation systems that help enterprise organizations grow rapidly without hiring extra...
IVR Phone Systems For Financial Institutions
Advanced IVR phone systems entirely reformed the modern-day contact centers, making them more efficient with a lesser...

Suggested Blogs

Important Check 21 Return Codes (With Details)
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!
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...
Rejected ACH Transaction? Here’s What to Do!
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...
Complete List of ACH Notification of Change (NOC) Codes
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....
List of 20 ACH Payment Gateway (SEC) Codes for Banks
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
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...
ABCs of Third-Party Service Providers and Nested Third-Party Senders
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?
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?
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...
QuickBooks ACH Payments in 10 Simple Steps
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...

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Most Popular on Community Hub

Pending ACH Transaction? Here’s what to do!
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...
Rejected ACH Transaction? Here’s What to Do!
Rejected ACH Transaction? Here’s What to Do!
A rejected ACH transaction is common for business owners who process hundreds of transfers every...
Complete List of ACH Notification of Change (NOC) Codes
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,...