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Plaid Introduces Support For Liabilities Product

PYMNTS

Once consumers connect their credit card account(s), developers can gather the annual percentage rate or APR type, APR percentage, interest charge amount, and balance subject to APR; the last payment date and amount, next payment due date, minimum payment amount and more; and the last statement balance, issue date and credit limit.

Product 57
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How to Effectively Manage Short Payments: Strategies, Best Practices, and Solutions

EBizCharge

Businesses can better manage their financial stability by understanding the root causes of short payments. This involves reviewing common payment discrepancies, keeping accurate loan terms and credit limit records, and employing strategies to address unexpected expenses and improve merchant cash advances.