The collection industry has been growing along with debt for unpaid purchases, bills, services, and other debts. There are over 1 billion credit cards open in the U.S. alone, and each American household owes an average of about $135,000 in debt. Factor in the complexity of the ever-growing internet..
International tourist numbers have been increasing for the past six years in a row. More than 1.5 billion people travelled abroad in 2015 alone. As a result, cross border transactions have been getting easier and more widespread over the years. That’s a huge number of people looking to go..
Modifying loans is a much-needed service. If your business offers this complex service you already know there is no lack of demand. However, a lack of investment in compliance and technology has had an impact on services. Borrowers are facing increasing challenges to get their loans modified..
Continuity merchants are embracing the benefits of recurring billing to stabilize cash flow, reduce expenses, and increase sales.Continuity businesses are quickly catching on that many consumers prefer to pay on a recurring basis. This has long been the business model for online subscription..
If you’re looking for an alternative payment method to offer your customers, you may be considering using ACH payments.Electronic payments are becoming increasingly popular among consumers and merchants alike. Old fashioned paper checks are on the decline. Yet, electronic check processing..
eChecks Safe, Secure & Save You MoneyBusiness has moved online in a big way, but payments have lagged behind.If you deal with customers in the United States, the payment infrastructure you use could be vulnerable to attack. Your customer data is at risk and this lack of security could be..