EBizCharge

NOVEMBER 27, 2024

This either approves or declines the transaction based on factors like available funds and credit limits. The approval or decline is then sent back through the payment gateway to the online merchant, alerting them to complete the order or notify the customer of payment issues.

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

EBizCharge

AUGUST 22, 2024

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.

Credit Cards 52

Credit Cards Card Issuer Issuers Point-of-Sale (POS) 52

Nanonets

SEPTEMBER 22, 2023

Offering multiple payment options, sending proactive payment reminders, and following up on overdue payments can help expedite the cash collection process. Credit Policies One of the first steps in effective accounts receivable management is establishing clear and effective credit policies.

Accounts 40

Accounts Disputes Automation Risk 40

EBizCharge

JUNE 20, 2024

Regularly review past-due accounts Identifying overdue accounts involves regularly reviewing payment records to pinpoint accounts that have missed their due dates, allowing for early detection of potential payment issues and enabling proactive measures to manage them effectively.

Best Practices 52

Best Practices Accounts Disputes Procedures 52

Nanonets

DECEMBER 4, 2023

Order validation and approval: The captured order details are validated based on predefined criteria such as pricing, discounts, inventory availability, and customer credit limits. The system efficiently closes the order cycle by processing payments, issuing invoices, and reconciling transactions.

Automation 52

Automation Process Payment APIs and Integration Returns 52

EBizCharge

FEBRUARY 17, 2025

Use real-time AR dashboards and reporting With real-time data, finance teams can quickly identify overdue accounts, track payment performance, and make informed decisions to improve collection efforts. Credit limits based on customer risk profiles manage exposure to bad debts.

ACH 59

ACH Credit Cards Transactions Accounts 59

EBizCharge

APRIL 16, 2025

A high turnover ratio indicates that the company collects payments quickly and efficiently, while a low turnover ratio may suggest collection delays, ineffective credit policies, or customer payment issues. Its commonly used in both business and personal finance to assess credit health and risk.

Accounts 52

Accounts Risk Compliance Product 52