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Five Methods You Can Use to Reduce Late Payments

Five Methods You Can Use to Reduce Late Payments

Late payments can disrupt your business's cash flow and hinder growth, whether you're a startup or a well-established company. Dealing with economic challenges and evolving payment technologies makes it crucial for businesses to find simple and effective solutions to tackle late payments. 

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Financial Institutions: Modernizing the Payment Experience

Financial Institutions: Modernizing the Payment Experience

The need for modernized payment processes for financial institutions has never been more critical. With consumers demanding convenient and efficient methods for managing their loans and payments, financial institutions must keep up with these expectations. This article explores the necessity and benefits of modernizing payment processes within financial institutions, shedding light on how REPAY’s solutions can facilitate this transformation.

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Predicting the Top Five Payment Trends for 2024

Predicting the Top Five Payment Trends for 2024

The future of payment technology holds many surprises for global business industries. We can expect numerous opportunities and benefits for businesses in the constantly evolving modern landscape of the finance industry. With the rising trend of online businesses, the need for fast and efficient payment services is evident. 

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How to Increase Collection Productivity While Decreasing Costs

How to Increase Collection Productivity While Decreasing Costs

No matter how well you have set up your collections business, sooner or later, inefficiencies can creep in causing incremental operating cost increases. Many times it is caused by departmental quarterly focus; intentional or not, the various departments within your organization can fall back on operating within functional silos. When that happens, operational redundancies occur. Instead of acting independently, the departments must act in an integrated company-wide manner because such redundancies can lead...

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Top 40 Credit Card Processing Terms to Understand

Top 40 Credit Card Processing Terms to Understand

Merchants have successful businesses to run and rarely is there time to learn the numerous credit card and payment processing terms that make up the payments industry. Informed merchants are better positioned to negotiate lower rates and improve overall service. We have created this list of the top 40 payment processing terms as a quick and easy reference guide for industrious merchants. Our thought process is simple: the more you understand about the most common and confusing terms, the better prepared...

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What is a Virtual Card?

What is a Virtual Card?

If you are involved in purchasing or financial decision-making for your company, you have likely heard the excitement surrounding virtual cards over the last few years. The payment industry is moving towards paperless vendor payments, and it is essential to understand how they can benefit your business.

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How Digital Payments Can Revolutionize Business Expense Management

How Digital Payments Can Revolutionize Business Expense Management

Expense management is fundamental for maintaining the financial health of any enterprise. Conventional methods often face challenges, including payment delays and a lack of transparency, which can obstruct growth and productivity. This is where digital payments come in, offering assistance to business owners, financial managers, and entrepreneurs looking for a modern solution for managing business expenses.

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How AP Automation Can Improve Your Business Productivity

How AP Automation Can Improve Your Business Productivity

In today’s fast-paced global marketplace, every business, large and small, is looking for ways to boost their business productivity. One area that often goes unnoticed — despite its potential to significantly enhance business operations — is automating the accounts payable (AP) process. 

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Learn Why Sage Customers Switch to REPAY

Learn Why Sage Customers Switch to REPAY

Learn more about the easiest way to process payments in your Sage ERP and better understand the common challenges and the easiest solution for processing payments in Sage.

We have gathered feedback from hundreds of customers regarding the challenges they had with payment processing before switching to REPAY. We have broken down all of this feedback and compiled a list of the most common challenges our merchants face with their payment processing before switching to REPAY, and why 96% of our customers...

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Paper Problems Create Security Vulnerabilities

Paper Problems Create Security Vulnerabilities

Earlier this year, the U.S. Postal Service posted a warning about mailing paper checks, citing an alarming rise in mail fraud. While mail theft has doubled, so have reports of check fraud, with 680,000 reports in 2022, up from 300,000 in 2021.

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