Stax

MARCH 6, 2025

These remain the same and redirect customers to a fixed payment page or account, often displayed at the counter. Customers enter the amount manually and confirm the transaction. Changes every transaction to specify the payment amount and details. Dynamic QR codes. Accessible via digital invoices or from the merchants app.

Contactless Payments 88

Contactless Payments Online and Mobile Banking Encryption CHIPS 88

Finovate

OCTOBER 16, 2024

Managing customer disputes Customer disputes are always a headache when facilitating payments. And with instant payments, customer disputes can be even more of a challenge. That’s because instant payments reduce the time that dispute resolution can take place, since the funds are transferred immediately.

FedNow 59

FedNow Instant Payments Disputes Federal Reserve 59

PYMNTS

MARCH 18, 2020

Often, an organization will simply submit a check with their company name and payment amount on the physical document. Though that data can be digitized via lockbox services, there is no obvious way to link that information to an outstanding invoice, especially if there is any discrepancy or dispute in the payment amount.

Lockbox 80

Lockbox Reconciliation Checks Automation 80

EBizCharge

JULY 16, 2024

This authorization, which is essential for Prearranged Payment and Deposit (PPD) entries , must be straightforward and easily understood by the customer, clearly detailing the transaction terms. These requirements can protect consumers by confirming their consent, prevent errors, and reduce the likelihood of disputed transactions.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

EBizCharge

JUNE 19, 2024

A typical piece of remittance advice includes several critical pieces of information for the recipient to identify and process the payment accurately. Remittance advice documents generally consist of the following; The name and contact details of the payer The remittance advice date Payment amount and currency Payment method (e.g.,

Payer 52

Payer Reconciliation Correspondent Disputes 52

Nanonets

NOVEMBER 27, 2023

By definition, netting is the act of combining multiple financial obligations between two or more parties and paying a net payment amount. In this netting process, all the debts between both entities are netted, creating a single payment amount for one business to pay the other. ” you’re not alone.

Payment Amount 52

Payment Amount Venmo Settlement Process 52

PYMNTS

AUGUST 13, 2020

Firms must receive and process invoices, calculate often-complicated payment amounts and issue payouts to recipients around the world, explained Ed Klaris, CEO of intellectual property and royalties-focused consulting and managed services firm KlarisIP.

Payee 57

Payee ACH Checks Alternative Payment Methods 57