On March 25, 2025, the president of the United States signed an Executive Order mandating the Federal government to modernize how it makes and receives payments. The goal is to replace paper checks with digital methods to help increase payment security and reduce costs. While there is no immediate impact to the payments industry as a whole, government mandates have historically trickled down to influence changes.

“Going Green” is not a new concept. The increasing popularity of electric vehicles (EV), energy-efficient appliances, and sustainable packaging are a few things helping consumers reduce their carbon footprint in everyday life. It is just as crucial for organizations to practice energy management and sustainability.

In the world of debt recovery, collection agencies play a pivotal role in managing overdue payments for lenders, credit unions and other creditors. But the task is far from straightforward. Agencies face many challenges, from navigating complex regulatory landscapes to encouraging payments from customers who may lack the means or motivation to settle their debts. Coupled with outdated systems and limited payment options, these hurdles can severely impact recovery rates and drag down an organization’s...

Consumer financing is evolving rapidly, and with it, the expectations around loan payments. Borrowers demand seamless, digital-first experiences, but lenders must also navigate a complex web of regulatory requirements. 

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.