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Holiday Collection Policy Tips from the RevCycle Heroes

RevCycle

Send friendly reminders before the due date, highlighting any holiday-related delays in processing payments. Offer alternative payment methods: Provide options like online payments, installments, or pre-authorized debit to make it easier for customers to pay on time.

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A Guide to Alternative Payments

TreviPay

Alternative payment methods are changing the financial industry and the world. Businesses willing to embrace them in their payment strategy will thrive in this changing economic landscape. These alternative financing options include: Crowdfunding (e.g., Different types of alternative payment methods 1.

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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO Blog

Here are my predictions on the payment trends for the next year, how they’ll create risks or opportunities in 2023, and what FIs need to watch out for with each of them. While debit transactions still prevail, all the other payment types are growing even faster. And PYMNTS.com says the U.S.

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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO Blog

Here are my predictions on the payment trends for the next year, how they’ll create risks or opportunities in 2023, and what FIs need to watch out for with each of them. Alternative Payments Methods Will Grow Faster than Debit — and Scammers Will Rejoice. And PYMNTS.com says the U.S.

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Days sales outstanding: effectively managing DSO improves cash flow

TreviPay

Offer multiple payment options: The reality is customers want to pay using their preferred payment method. If that’s not available, they may be slow to pay — or worse, they may abandon the transaction together. B2B buyers want the same frictionless payment experience they’ve come to expect in the B2C world.

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BNPL and inflation: threat or opportunity?

aptic

The global slowdown in spending is leading to a decrease in the number of transactions. Increased spending capacity On the other hand, no-interest or low-interest options remain a popular alternative to high-interest credit card payments in times of high inflation. million for the same period a year ago.

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When Your Credit Card Gets Declined – 13 Things to Do Immediately

Due

An uncomfortable mix of panic, embarrassment, and frustration grips you as the payment processing machine displays the irritating message ‘Your transaction has been declined’. Particularly, if you have been waiting in a long queue to make your payment, the discomfiture grows intense. What to do if your credit card gets declined?