by Joan Winnington | Nov 9, 2020 | Credit Card Processing
If your business uses the ACH system to handle any of its payments, then you need to be familiar with the most common Automated Clearing House codes. There are dozens of them, but just being aware of the 15 most frequent ones is a smart way to arm yourself against...
by Joan Winnington | Nov 5, 2020 | Credit Card Processing
ACH (automated clearing house) transactions are similar to credit card transactions in many ways, but differ in one key respect: ACH transfers of funds must follow a strict set of rules within the banking industry. Why the banking industry? Because all ACH...
by Joan Winnington | Nov 2, 2020 | Credit Card Processing
Have you ever wondered why so many business owners put 99 percent of their effort into making sales and only 1 percent into collecting the funds those sales generate? Part of the reason is human nature and the natural tendency to rest on one’s laurels after...
by Joan Winnington | Oct 9, 2020 | Credit Card Processing
Are you operating a company that depends on cross-border financial transactions? Whether you are primarily a business-to-business or business-to-customer entity, the integrity and efficacy of systems you use to transmit funds from one nation to another are essential...
by Joan Winnington | Oct 7, 2020 | Credit Card Processing, E-Commerce
The key concept behind the idea of a payment gateway is the “customer-facing” aspect. In other words, any payment processing machinery, software, system, program, or method that buyers use to pay for goods and services can be considered part of the...
by Joan Winnington | Oct 5, 2020 | Credit Card Processing, E-Commerce
One of the newest wrinkles in the financial universe is digital payment systems in the form of electronic wallets, commonly called eWallets. These digital bits of code are simply a cyber/electronic type of payment card, and they reside on your phone or other device...