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Is Cash Payment on the Way Out?

by TScholl | Oct 21, 2016 | Electronic Payments, EMV, Industry Changes

  Is Cash Payment on the Way Out?   The digital payment drive is increasingly becoming a popular option. Does it mean the end of the world for cash payments? With the evolution of technology, there has been a seismic shift in the way businesses sell their...

Same Day ACH is Now Live!

by TScholl | Oct 6, 2016 | ACH Processing, Electronic Payments, Industry Changes

  Same Day ACH is Now Live!   The Automated Clearing House (ACH) has become the first electronic network of transactions to offer ubiquitous faster ACH payment processing via banks and credit unions. September 23rd 2016 marked the launch of Same Day ACH,...

Banks Must Make It Easy If They Want More Customers.

by TScholl | Sep 9, 2016 | Banking, Electronic Payments, Industry Changes

  Banks Must Make It Easy If They Want More Customers.   Banks and financial institutions are always looking to win more customers. But this isn’t an easy task. So what can banks do to create a new stream of loyal customers? It could be useful to check out customer...

How Important are Faster Payments?

by TScholl | Jul 21, 2016 | Electronic Payments, Industry Changes

How Important are Faster Payments? Instant payments are almost a prerequisite in the United States or Europe. But this isn’t the case with most developing countries. Rather, it is electronic payments security that gets more attention over faster payments....

EMV Capable Terminal – To Lease or Buy? Don’t Get Scammed!

by TScholl | Jun 24, 2016 | Credit Card Processing, Industry Changes, Small Business Tips

  EMV Capable Terminal – Lease or Buy! Do not Get Scammed into paying for something you cannot use!   I must confess. I never thought credit card processing companies would attempt to lease credit card terminals again but some of them are back at it,...

Wearables: The Next Big Thing in Electronic Payments.

by TScholl | May 19, 2016 | Electronic Payments, Industry Changes

  Wearables: The Next Big Thing in Electronic Payments.   Thanks to the proliferation of mobile technology, mobile payments seem to be trending, with an increasing number of people choosing to make payments through mobile devices. However, the electronic payments...
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