There’s a three-digit number that almost every company you do business with uses to decide whether to approve your applications. And if your number isn’t good, your applications may be denied, or if you are approved, you may have to pay a higher cost...

While there are benefits to accepting ACH for payments, like lower processing costs and ability to set up recurring transactions, the settlement process is notoriously long compared to debit and credit transactions. ACH payments are processed electronically, so why...

A wage garnishment happens after an attorney gets court permission to take periodic payments from your wages to satisfy an outstanding balance on your account. While a garnishment can take you by complete surprise, it’s often...

A wage garnishment happens after an attorney gets court permission to take periodic payments from your wages to satisfy an outstanding balance on your account. While a garnishment can take you by complete surprise, it’s often...

Every business has to deal with past due accounts at some point. In fact, your business model may include collecting accounts receivable on behalf of other businesses...

The livelihood of your business depends heavily on your ability to receive payments from your customers. So, if your payment processor terminates your merchant account, your business is pretty much on hold until...

Remotely created checks are a relatively convenient way to take payments from customers – and for years, RCCs or telechecks were a preferred method for consumers to pay bills and merchants to accept payments. However, RCCs have become so risky...

Most attorneys are familiar with IOLTA or Interest on Lawyers Trust Accounts. The purpose of the account is to house client payments and settlements until it’s ok to move the funds into your operating account or remit funds to your client...

Credit cards and debit cards are two of the most popular types of electronic payments. The two are so similar, it’s hard to tell the difference. Depending on how the consumer chooses to use their debit card, it may...

Think, just more than a century ago, consumer to business payments were made using only cash and coins. Today, the majority of payments are made via any number of electronic payment methods and can be made in person, over the phone, or online...