Tearsheet

NOVEMBER 27, 2023

Moreover, the costs linked to ad hoc payments present a sizeable challenge for many. of the transaction total, thereby impacting payment issuing companies’ profit margins. This cost is further exacerbated for international payments that also have currency conversion fees.

Instant Payments 52

Instant Payments Zelle Payments Economy 52

PYMNTS

AUGUST 21, 2018

Risk mitigation is only one component of an immensely complex process that results in the right buyers and suppliers connecting with each other. As the supplier risk mitigation and strategic sourcing fields continue to develop, KYC has put a spotlight on the importance of suppliers’ adequate customer vetting processes, too.

Bots 40

Bots Risk Mitigation Risk Mitigation 40

PYMNTS

SEPTEMBER 12, 2017

Late payment is a reality,” he added, and indeed, research shows that the U.S. has its fair share of late payment issues. He pointed to some companies that have thousands of buyers, meaning suppliers are often forced to only offer extended payment terms to the top percentile of those customers.

Payment APIs and Integration 46

Payment APIs and Integration B2B Due Diligence Payments 46

EBizCharge

AUGUST 22, 2024

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

Credit Cards 52

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

EBizCharge

APRIL 26, 2024

Accounting teams are tasked with identifying discrepancies, communicating with clients to rectify payment issues, and adjusting cash flow forecasts accordingly. Regardless of the reason, businesses should familiarize themselves with best practices to mitigate these invoices and avoid significant problems.

Disputes 52

Disputes Best Practices Procedures SWIFT 52

Fintech Review

NOVEMBER 13, 2023

What are the payment issues that the gaming industry is facing? This not only streamlines payments, making deposits and withdrawals more efficient but also significantly reduces transaction costs and fraud. Beyond payments, Open Banking’s real-time financial data access aids in fostering responsible gambling.

Payments 52

Payments Cryptocurrency Cross-Border Payments On-Demand 52

Nanonets

APRIL 3, 2024

By reconciling invoices and payments promptly, businesses can avoid overpaying or missing payments, thereby maintaining healthy cash flow levels. By promptly addressing discrepancies and resolving payment issues, businesses demonstrate reliability and professionalism.

Reconciliation 52

Reconciliation Process Accounts Duplicate 52

EBizCharge

JUNE 20, 2024

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.

Best Practices 52

Best Practices Accounts Disputes Procedures 52

Nanonets

SEPTEMBER 21, 2023

Leveraging technology tools such as AP automation software can significantly enhance invoice management by automating invoice processing, approval workflows, and payment scheduling, further optimizing accounts payable processes. Utilize technology tools such as AP automation software to streamline invoice processing and payment workflows.

Accounts 40

Accounts Best Practices Automation Reconciliation 40

Nanonets

SEPTEMBER 22, 2023

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.

Accounts 40

Accounts Disputes Automation Risk 40

EBizCharge

MAY 13, 2024

Improving the customer experience: Automated payment systems can enhance customer satisfaction by providing customers with more convenient payment methods through online payment portals, easy access to their account information, and swift resolution of payment issues.

Automation 52

Automation Disputes Payments Process 52

Nanonets

SEPTEMBER 22, 2023

Effective accounts receivable management involves regular communication with customers, sending timely reminders for payment, and resolving any billing or payment issues promptly. By aligning payment terms with collection terms, businesses can mitigate cash flow gaps and ensure a healthy balance between payables and receivables.

Accounts 52

Accounts Fraud Prevention Process Financial Literacy 52

Payment Savvy

JUNE 12, 2023

By staying vigilant and proactive about their account’s security, Venmo account holders can mitigate potential risks and protect their funds.

Venmo 52

Venmo Payments Payer Card Issuer 52

Fintech News

MARCH 31, 2025

Founded in London in 2004, WorldFirst has positioned itself as a key player in reshaping how SMEs access international payment and financial services. How WorldFirst Solves Cross-Border Payment Issues For SMEs, accessing affordable financial services involves finding a solution that truly fits their needs.

Cross-Border 102

Cross-Border FinTech Cross-Border Payments Multi-Currency 102

EBizCharge

FEBRUARY 17, 2025

Minimizes disputes and chargebacks: Efficient payment processing can mitigate disputes and chargebacks by implementing clear communication and established operations, thus avoiding discrepancies. This leads to smoother transactions and enhances customer satisfaction.

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. Heres how: Improves cash flow: Faster collections mean more cash on hand for operations, payroll, and growth.

Accounts 52

Accounts Risk Compliance Product 52