Inside PaymentVision’s Blog
Welcome to the PaymentVision™ Blog. Read articles covering the latest in the payment processing industry. Learn more about increasing bill collection, staying compliant, industry trends, business continuity, and more.
What Is the FDCPA?
Topics: Payments Compliance
The Fair Debt Collections Practices Act (FDCPA) is designed to protect consumers against abusive debt collection tactics while providing guidelines to reputable businesses for remaining in compliance while maximizing payment recovery by legitimate collection efforts. Here’s what you should be aware of to ensure FDCPA compliance.
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May 15, 2018
Payment Processing for Collection Agencies
Topics: Merchant Payment Processing
Providing a variety of online bill payment options, exercising flexibility in payment scheduling and optimizing mobile payments are all essential elements in today’s collection process. Secure online payment processing complements your company’s staff to maximize the amount of money obtained through your company’s collection efforts.
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May 10, 2018
Processing Card Payments: Understanding the Card Transaction Lifecycle
Topics: Merchant Payment Processing
With credit card purchases, authorization is just the first step. For payment to appear in the merchant’s account, there are three other steps in the card processing transaction lifecycle. It’s important to have a risk management solution in place to ensure that transactions are processed successfully.
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May 8, 2018
How Walk-in Payments Can Benefit Your Business
Topics: Merchant Payment Processing
Walk-in payments options can take many forms. Walk-in payment kiosks can be configured to accept cash as well as other payment options such as credit cards, debit cards and prepaid cards. Consider some of the ways that walk-in payments can benefit your business.
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May 1, 2018
