Payments and Collections

Why Your Retail Business Needs to Start Accepting Chip Cards Right Away

Your customers don’t really care if they have to swipe or dip their card. So why should you? While EMV (which stands for Europay, MasterCard, and Visa) is standard in Europe and elsewhere around the…

4 Mobile Payment Myths That Need Busting

While credit and debit card payments have been very popular for quite a while now, and currently tend to be the most popular choice for consumers, more and more shoppers are preferring to pay using…

How to Handle Customers Who Send Payments Late

It can be very frustrating when customers are not on time with your payments. Especially when you’re a small business just starting out, cash flow is probably pretty tight, and those payments are crucial for…

Is Accounts Receivable Financing Right for Your Business?

Accounts receivable factoring has worked for many small businesses in obtaining their ultimate success. It is a flexible form of short-term, service-based commercial financing. Invoice factoring is when a trading business sells its accounts receivables…

Freelancers: Update Your Invoices to Look More Professional

One of the biggest challenges you’re facing as a freelancer is managing your own admin. There’s no HR department that does the dirty work for you—you’ll be responsible yourself for managing your projects, logging receipts…

Online Payment Alternatives to PayPal

People usually choose the most popular brands because they think such a choice will ensure product quality. When it comes to online payments, PayPal has been the leading platform ever since 1998. After separating from…

9 Essential Policies to Improve Your Internal Collections

As a commercial collection law group, we are always asked by small business owners about the best practices for internal collection efforts. Here are the some of the major items that should be included in…

How to Make an International Wire Transfer

A Wire Transfer, also known as a Credit Transfer, is a type of electronic fund transfer from one individual or business to another. It involves movement of cash from one bank account to another bank…

Include Mobile Payments in Your Marketing Strategy

Though incorporating mobile payments into your business model can help you lower costs associated with point-of-sale hardware and improve operational efficiency, they also provide a wealth of marketing opportunities you can leverage to position your…

How to Choose a Mobile Payment Provider

By 2017, the worldwide mobile payments volume is expected to grow to $721.4 billion, according to Statista. Currently, 87 percent of American adults own or have regular access to a mobile phone. As mobile payments…

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