We are thrilled to announce that REPAY has been recognized as the payment gateway with the Highest Authorization Rate for the second consecutive year by TSG (The Strawhecker Group) in the 2025 Real Transaction Metrics Awards, highlighting REPAY’s hard work and dedication to delivering the best payment gateway solution.

Consumer payment preferences are rapidly shifting as technology continues to advance. Offering a variety of payment options is not just a convenience — it’s a necessity for businesses aiming to stay competitive. As consumers increasingly expect seamless, secure transactions, understanding different payment types becomes essential to meet these demands.

This blog article was originally published on July 31, 2024. It was last updated on January 16, 2025. 

The Small Dollar Lending Rule (the Rule), established by the Consumer Financial Protection Bureau (CFPB), aims to protect consumers from the potentially harmful practices associated with payday loans, vehicle title loans, deposit advance products, and certain high-cost installment loans.

In the highly competitive lending industry, lenders face the dual challenge of ensuring comprehensive risk assessments to safeguard their business while also delivering a seamless, positive experience that keeps customers satisfied and loyal. This delicate give-and-take directly impacts customer retention, regulatory compliance and overall business growth.

Collecting payments from B2B customers is essential for ensuring consistent cash flow. However, dated and clunky payment experiences can delay these payments and hurt your bottom line. Now available in Sage Intacct, ClickToPay simplifies and speeds up the payment process.

Are you an expert in UI/UX design? Maybe not, but as a consumer in today’s digital world, you likely have opinions about the experiences you have with software, apps and other digital assets.

How many platforms does your business access during a typical workday? Maintaining separate systems to run your business is inefficient and expensive, and it is prone to manual entry errors, reporting nightmares, and poor vendor experiences.

Automated Clearing House, better known as ACH, offers an electronic way for consumers and businesses to make payments quickly and easily for goods and services. ACH uses bank routing and account numbers to move money between parties. Have you considered the risks associated with sharing such sensitive account details?

Accounts Payable (AP) teams have increasingly become targets of payment fraud, as they often still rely on paper and manual processes. Invoices are especially easy to infiltrate, given fraudsters' proficiency with image-altering tools. Do you know what to look for to spot a fraudulent invoice?

Businesses are continuously seeking new ways to increase the efficiency of their teams and grow revenue. Accounts payable (AP) teams are often overlooked in this search, but why?