Understanding TIN Validation: What It Is, Why It Matters, and How ISVs and VARs Can Support Merchants

by Ali Farrar | Jan 16, 2025 | General Merchant Processing, Industry Trends, Marketing

Taxpayer Identification Number (TIN) validation plays a critical role in ensuring compliance and avoiding unnecessary complications for businesses in payment processing and merchant services. For Independent Software Vendors (ISVs) and Value-Added Resellers (VARs),...

How to Handle Late Payments: Strategies for Effective Invoicing and Follow-Up

by Ali Farrar | Dec 18, 2024 | General Merchant Processing, Industry Trends, Marketing

Late payments are a challenge nearly every business faces, regardless of size or industry. They disrupt cash flow, strain client relationships, and create unnecessary stress. The good news? With the right strategies in place, you can minimize late payments and keep...

The Impact of Payment Processing Time on Cash Flow and Customer Satisfaction

by Ali Farrar | Dec 11, 2024 | General Merchant Processing, Industry Trends, Marketing

Efficient payment processing is the backbone of any successful business. It keeps your cash flow healthy and directly influences customer satisfaction. Slow or inefficient payment systems can lead to delays in funds, operational hiccups, and frustrated customers, none...

Understanding Merchant Services Fees: What Every Business Needs to Know

by Ali Farrar | Nov 5, 2024 | General Merchant Processing, Industry Trends, Marketing

Accepting credit and debit card payments is essential for most businesses today, but it comes with a cost—merchant services fees. These fees can seem complicated and vary depending on factors like payment method, transaction volume, and your relationship with your...

Understanding Real-Time Payments: Benefits and Challenges for Businesses

by Ali Farrar | Oct 1, 2024 | General Merchant Processing, Industry Trends, Marketing

In today’s digital economy, the demand for speed and efficiency in financial transactions has never been higher. Real-time payments (RTP) have emerged as a solution, allowing businesses and consumers to send and receive payments instantly, 24/7. Whether it’s...