REPAY Blog

Recent Posts by Kristen Hoyman

Speed of Payments: Which Payment Method is Fastest?

on August 2, 2019 | By Kristen Hoyman | ACH / EFT Processing, Debit Cards, Credit Cards, Payment Technology

When people consider adding payment processing to their business operations, their first thought is credit and debit cards quickly followed by ACH and check processing. The truth is, there are a lot of options out there, and they all come with their own unique benefits.

Launch Your Own Mobile Payment App

on June 27, 2019 | By Kristen Hoyman | Mobile Payments, Payment Technology

Make it easy for customers to pay and stay with your very own mobile payment app. People use their smartphones for so many things other than making actual calls. In a late 2017 Statista survey, almost one-third of smartphone owners reported that they use their phones to make calls either occasionally, seldom, or never.

CRN Honors Two REPAY Executives with 2019 Women of the Channel Award

on May 20, 2019 | By Kristen Hoyman | Partners

REPAY congratulates Patty Benitez and Liz Anderson for making it on the CRN’s 2019 Women of the Channel ListIf you have ever partnered with REPAY, then you have experienced our dedication to the channel. We are proud to have two outstanding executives at REPAY honored and recognized for their dedication to supporting the channel by being recognized on the CRN’s Women of the Channel 2019 list. If you have ever worked with Patty Benitez or Liz Anderson, then it is no surprise these channel veterans have been...

How People Pay with Their Phones

on April 30, 2019 | By Kristen Hoyman | Mobile Payments, Payment Technology

To be a successful fisherman, you must fish where the fish are. Like fishing, marketing for your business really boils down to finding your fish and telling them about what you offer.

Auto Lenders Can Decrease Delinquencies by Offering Multiple Ways to Pay

on April 24, 2019 | By Kristen Hoyman | Auto Lender Payment Processing, Payment Technology

Auto lenders are facing a big problem: credit quality is deteriorating. Private lenders and buy here pay here lenders are getting hit the hardest.

Losing Revenue Doesn’t Need to Be the Norm for Any Financial Institution

on February 28, 2019 | By Kristen Hoyman | Healthcare

It often feels counterintuitive for financial institutions to write off bad debts. After all, a loan portfolio is an asset toward any financial institution’s future revenue. Also, if a financial institution is unable to practice debt collection effectively, how can other businesses follow suit? So, why do financial institutions write off bad debt? How can they find opportunities to recoup this lost revenue? Could data analytics be useful in helping organizations to work out which debtors are likely to make...