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Credit Card Decline Codes Explained

EBizCharge

Familiarizing oneself with decline codes can empower users with the knowledge needed to navigate payment issues. What are credit card decline codes? Credit card decline codes are specific error messages issued by a card issuer or bank when a credit card transaction can’t be processed.

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Understanding the Accounts Receivable Cycle - Get Paid Faster!

Nanonets

One of the key challenges businesses face in managing the accounts receivable cycle is the risk of late or non-payment by customers. Offering multiple payment options, sending proactive payment reminders, and following up on overdue payments can help expedite the cash collection process.

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13 Best Practices for Accounts Receivable

EBizCharge

Good receivable management can also protect businesses from bad debt losses by identifying overdue accounts and collecting outstanding payments. Eliminating or mitigating days sales outstanding (DSO) is essential for keeping the business running smoothly and financially sound.