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Recent Posts by Kristen Hoyman

How Electronic Payment Processing Saves Healthcare Businesses Money

How Electronic Payment Processing Saves Healthcare Businesses Money

Healthcare payment processing is a broken system. Whether you have a doctor’s office, hospital, dentist, or massage therapist, you know how difficult it can be to bill a patient through their insurance. The process can take months, and even then, you still might have to hunt down their information.

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Payment Processing for Hospitals

Payment Processing for Hospitals

Payment Processing for hospitals is more complicated than you might think. Some questions that often come up are:

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What is Payment Processing?

If you have a product or service, you need to provide customers with every payment processing method available. Only 20 short years ago, check and card payments were the only way to go. Now, there is a multitude of payment options for consumers to choose from.

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How Payment Gateways Help Prevent Online Fraud

Payment gateways or “payment portals” have become essential to the security of businesses accepting payments online. When you’re just starting a business, online fraud can cost you more than a single purchase. According to a 2018 survey, Statista states that “US merchants lost an estimate of 6.4 billion dollars in payment card fraud loss.” Small businesses are no exception. On average, small businesses lost an estimated $155,000 a year. That much money can make or break a new business. That’s why it’s...

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Credit Unions & Fintech Firms: A Great Partnership Opportunity

Credit Unions & Fintech Firms: A Great Partnership Opportunity

Is Your Credit Union Keeping Up with Modern Technology?

Seventy-nine percent of credit union members would leave their credit union for a financial technology (fintech) firm for convenience and easy access to services.

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Speed of Payments: Which Payment Method is Fastest?

Speed of Payments: Which Payment Method is Fastest?

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.

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Launch Your Own Mobile Payment App

Launch Your Own Mobile Payment App

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

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

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...

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How People Pay with Their Phones

How People Pay with Their Phones

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.

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Auto Lenders Can Decrease Delinquencies by Offering Multiple Ways to Pay

Auto Lenders Can Decrease Delinquencies by Offering Multiple Ways to Pay

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

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