Being a merchant is expensive. Your mission is to save money or boost profits any way you can. After all, your bottom line is at stake. This concern for the health of your business can drive you toward long-term success. If you’re wondering whether your own business can charge credit card convenience fees, the short answer is yes. But, there …
ACH Rules Change: WEB Transaction ACH Account Verification
Companies that accept ACH payments online: are you prepared for Nacha’s coming rule changes? Nacha, the governing body in charge of maintaining the safety and security of the ACH payment network, has created new guidelines for accepting WEB debits.What ACH Rules Are Changing?The new Nacha guidance, the WEB Debit Account Validation Rule, has specified a need to pre-transaction screenings of …
What is a Payment Gateway? Choosing the Best Option for Accounts Receivable
Last updated December 2022 Running your accounts receivable business or team takes planning, organization, and the right tools. Along with the Accounts Receivable (AR) software organizations use to manage accounts, you need a payment gateway solution designed for your industry. What is a payment gateway and how do you choose the right one for accounts receivable?Payment Gateway DefinitionWhat is a …
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