How to Optimize Your Interchange to Lower Your Transaction Costs As payment methods change, businesses will need to react more rapidly, which makes interchange efficiency even more necessary. Merchants pay card-issuing banks interchange fees to handle credit and debit card transactions. These fees can have a big effect on a business’s bottom line. These fees …

Image source: https://pixabay.com/illustrations/bank-card-online-payment-business-6406011/ When COVID-19 forced Riverside Bakery to close its doors to in-person customers, owner Maria Sanchez quickly discovered a critical weakness in her business model. With only cash and credit card payment options available for her newly implemented online ordering system, she lost numerous customers who preferred alternative payment methods. This scenario highlights …

Photo by Mika Baumeister on Unsplash Online gaming has enjoyed significant growth in popularity, with stronger and faster internet connections and improved technology helping to create incredible gaming experiences for consumers. Technological developments have boosted everything from traditional console gaming to mobile apps and online casinos, but deciding the best way to make a payment …

Driven by the rise of digital platforms, the online gambling industry has continued to enjoy massive growth over the past decade. The early days of the industry were marked by numerous challenges. Players were restricted to specific locations to play very few games. There was also the issue of limited, yet slow payment options. Before …

Credit card processing is undergoing substantial alterations in the current quickly changing financial ecosystem where the situation is always altering. It is necessary for businesses to keep ahead of developments in order to maintain their market position in the face of technology breakthroughs, altering customer patterns, and developing payment options. As we get getting nearer …

By 2025, 75% of small business transactions are expected to be digital. Despite this shift, many HVAC and plumbing businesses still rely on manual payment processes. From paper invoices to late payments, these old-school methods waste valuable time and create cash flow headaches. Payment automation offers a simple, affordable solution to these issues. It saves …

Source – Unsplash Cash flow is the lifeblood of any business. But, when clients delay payments, it can create a significant financial strain.  We want to present several effective strategies to ensure your clients pay promptly. Engaging and implementing these methods can go a long way in maintaining steady cash flow, improving business relationships, and …

It is essential that you separate yourself and stand out from your competition. You want customers to think of your business whenever they want the good or service your company offers. It would be best if you had the right tools to accomplish this; a POS system from Payline can help.  How Can My POS …

Repeat payments, also known as recurring payments, are a huge payment tool that can dramatically improve your business. They can save you time and increase your customer experience quality. A wide variety of companies can take advantage of recurring payments. It also offers a more reliable form of payment when compared to ACH. Finally, it’s …

Online sales have been and remain a promising way to promote products. This was especially affected by the pandemic, due to which most people began to buy more and more products for various purposes on online platforms. So, in 2020 in the US alone, online sales grew by 44%. But everything is not as simple …