Optimize your ARM business with the right payment processor!

Every industry is seeing drastic changes in how they operate their business; ARM is no exception. Depending on your industry, things can fluctuate quickly or stay at the same pace for years. However, in the wake of the pandemic, we have noticed a few significant trends in the ARM industry that collection agencies have seen in 2020 that are likely to continue in the future.

Improve Your Collections Process Through Payments!

Many small to mid-sized businesses find payments to be their most significant challenge. Odd, we know, but all too common. You’d think companies would want to develop the simplest way to accept and receive money. This is especially true of the ARM/collections industry.

REPAY is excited to announce a partnership with Lockstep Collect, an industry leader in AR automation for organizations big and small. REPAY and Lockstep Collect have a shared mission of increasing efficiency through automation, seamless integrations, and end-to-end solutions for invoicing and payments.

Collections Credit Card Processing, an agency’s tool for success!

For companies and collection agencies, keeping track of the amounts owed can end up giving you a headache. Chasing amounts owed in terms of fees, payments, and rents are time-consuming and stressful, so you may be wondering, “What is ACH Collection, and is it a valid solution for my company?”

When it comes to hiring employees at a collection agency, a recent ACA International survey showed that collection agencies are looking for several specific characteristics and skills in potential candidates.