Does your business accept ACH payments? If so, the ACH network is critical to your processing system. It’s responsible for delivering social security benefits, direct deposits of payroll, and more. For the ACH network to function properly, it needs a governing body to ensure better risk management practices, efficient payments, and so on. This is where the National Automated Clearinghouse…
Most merchants accept the fact that payment processing comes with a cost. That said, when was the last time you took a closer look at your monthly invoice? If it’s been a while, you may discover that you’re significantly overpaying for this service. Payment processors can hide and inflate their fees in many ways, and not many merchants know what…
Pretty soon, hydrogen fuel cell technology will be a key player in the transportation industry, and Canada is leading the charge. Earlier this year, Walmart Canada became the first major retailer to introduce hydrogen fuel cell electric semi-trucks to its fleet. In this article, we’ll aim to explain why most trucking companies in North America should soon follow in their…
Credit card fraud has always been a serious issue, and it’s only gotten more serious in recent years. This type of fraud is now the most common form of identity theft, with more than 114,000 cases recorded in 2023 alone. The good news: credit card issuers are aware of this problem and are doing what they can to stop it,…
With the trucking industry adding a variety of new safety regulations, trucking companies that want to stay ahead must be prepared. Beyond simply being a regulatory requirement, driver safety is a major factor in the health of both your employees and your business. By prioritizing driver safety, you can lay the foundation for your trucking company to thrive. Want to…
According to McKinsey, digital platforms will mediate 30% of all global economic activity as early as next year. One force behind this trend is the increasing ability of these platforms to embed payments directly into their app or website. By eliminating the middleman (external payment gateways), digital platforms can now offer a more seamless customer experience. Want to learn a…
If there’s one thing all merchants want, it’s delivering a seamless payment experience to their customers. Payment links are another big step in this direction, as they allow you to simplify this process into just a few clicks. Read on to find out what payment links are, why your business needs them, and how to implement them. What Is a…
As online payments are becoming the norm in most industries, healthcare businesses are moving toward them as well. If you’re a healthcare provider, however, you may find it challenging to ensure your online payment options comply with HIPAA regulations. Read on to learn more about what HIPAA involves and how to maintain HIPAA compliance. What Is HIPAA? HIPAA is short…
These days, QR codes are a fairly common part of the payment processing landscape. Their rise in popularity is a result of many factors, but may owe the most to the surge of digital payment technologies. With almost everyone owning a mobile phone, QR code payments have turned out to provide an ideal combination of speed, security, and simplicity. Not…
For a business owner, few things are as important as offering seamless payment processing. Unfortunately, this is easier said than done. In today’s payment business landscape, customer expectations are constantly evolving, making it harder to analyze your payment processing performance. This is particularly noticeable if you aren’t sure which KPIs to track. Well, that’s why we’re here! Here are four…