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.

Online payment portals make your life easier.

In today’s fast-paced digital landscape, businesses continuously explore ways to streamline processes and enhance member experiences. One such success story involves a credit union’s strategic implementation of an online self-service portal for faster payments.

The collapse of the Silicon Valley Bank (SVB) in March 2023 signaled an uncertain outlook for the U.S. economy and emphasized the need for businesses to consider several aspects of their payment processing approach while taking into account an ever-changing regulatory environment.

Whether operating a hotel, inn or resort, you want solutions to help you work smarter, not harder. Managing accounts payable requires more than just organizing the process, it’s also about prioritizing convenience and accuracy.

In the hospitality industry, it’s important to properly manage outbound payments to vendors and suppliers. An efficient accounts payable system enables timely payments to vendors to maintain a healthy financial relationship. Additionally, paying them on time ensures a smooth flow...

The payments landscape is constantly evolving, particularly with the rise of digital payment technology. Aside from the improvements it brings to servicers and their back-office operations, it's also revolutionizing borrowers' mortgage servicing experiences. 

In today's fast-paced world, convenience is essential, and businesses are always looking for new ways to improve their payment processes. An increasingly popular solution is text-to-pay, or Text Pay, which allows credit union members to make payments quickly and easily using text messages. 

REPAY is proud to announce that AccountMate recently recognized us as Outstanding Vertical Solution Partner of the Year for 2022.

At REPAY, we strive to provide fast, frictionless and fully integrated digital payment solutions for AccountMate users. We are committed to leveraging technologies and providing solutions that streamline payments while providing industry leading support to keep your business running smoothly.

When an integrated partner recognizes REPAY’s delivery on that commitment, it’s truly...

REPAY partnered with a Florida school system to optimize its payments to vendors. As one of the largest public school systems in the United States, the system has over 270,000 students across 300 schools and educational centers.

As the world moves toward digital payments, some sectors have hesitated to shift. For example, when it comes to B2B accounts receivable (AR) and accounts payable (AP), you rarely see digital money transfers. Many businesses are still clinging to the friction-filled legacy systems that require manual processes such as cutting checks and initiating ACH payments. However, while these methods may be tried and true, they're also time consuming, unreliable and can hinder a business, especially in times of...