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…
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Thanks to the constant digital advancements, making payments has never been easier. Instead of having to search for the closest ATM or scrounging for loose change, all we need to do is tap our credit card at the point of sale. Even at this level of convenience, though, there’s still a sense that things could be even easier, safer, and…
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At this point, it’s fair to say that digital wallets proved to be more than a passing trend. Over half of all U.S. adults now use digital wallets more than traditional payment methods, such as cash, debit cards, and credit cards. This trend is particularly noticeable with younger consumers, who are twice as likely to use a digital wallet app…
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If there’s one recent event that has transformed the payment processing industry, it’s the switch to wireless credit card processing. With more and more consumers trying to pay via contactless methods, accepting payments on the go is now a must-have feature for many merchants. Does all this terminology around wireless technology seem a bit overwhelming? If so, here’s a brief…