Payment Savvy

MAY 12, 2023

Payment automation solutions have transformed the way businesses handle their accounts payable departments. With the increasing need for cost savings, efficient payment processing, and secure financial data management, payment automation has become an essential tool for modern businesses.

Automation 52

Automation ACH Payments Duplicate 52

Stax

MARCH 14, 2024

B2B businesses tend to have longer payment terms with their clients and relationships usually focus on long-term, recurring business. The amount per transaction is often quite significant and as a result, there’s typically quite a bit of negotiation that goes into determining payment amounts, terms, and cycles.

B2B 88

B2B Process B2C Credit Cards 88

Payment Savvy

OCTOBER 8, 2024

Missing a payment deadline can lead to late fees or service disruptions, creating unnecessary stress. To help combat this, many businesses and consumers turn to direct debit as an efficient, automated solution. Direct debit allows businesses to automatically collect payments from a customer’s bank account once authorization is given.

ACH 52

ACH Credit Cards ACH Network Authorization 52

Stax

MAY 7, 2024

Payment Processing Pricing Structures Payment processing companies often structure their pricing plans under four models: Interchange plus pricing Interchange-plus pricing is one of the most transparent models since it allows merchants to see how much exactly they’re paying for the interchange and fixed service fees.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

EBizCharge

OCTOBER 17, 2023

Fortunately, the National Automated Clearing House Association (NACHA) , the governing body over the ACH Network, has processes, procedures, and safeguards to protect consumers and merchants from transaction errors. As a business, it’s critical to understand how ACH transactions work and their associated challenges.

ACH 52

ACH Returns RDFI ODFI 52

Nanonets

SEPTEMBER 21, 2023

It involves optimizing the payment process, ensuring timely payments, taking advantage of early payment discounts, and maintaining good relationships with suppliers. Optimizing the payment process ensures timely payments and helps businesses take advantage of early payment discounts.

Accounts 40

Accounts Best Practices Automation Reconciliation 40