Inside PaymentVision’s Blog

Read our payments blog to find out what we’re working on and thinking about at PaymentVision.

Complete Guide to Electronic Payment Services Compliance

Topics: Payments Compliance

When you offer electronic payment services and online bill pay services, you need to make sure your operations meet the highest standards of information security. Adhering to all industry standards will help you serve your customers best while avoiding the often high costs of non-compliance.

Read More > June 13, 2018

A Comprehensive Guide to Payment Processing with Convenience Fees

Topics: Merchant Processing

Using credit and debit cards is convenient for consumers. However, processing those payments can be pricey for merchants. Through imposing surcharges, your company can continue to enjoy the convenience of accepting card payments without carrying the burden of high processing fees.

Read More > June 8, 2018

How to Simplify Online Bill Pay with Streamlined UX

Topics: Merchant Processing

Online payments, especially with mobile devices, are here to stay. Flexibility in online payment options, combined with appropriate security measures, maximizes customer convenience. Providing streamlined options for online bill payments helps ensure timely payments while providing customers with a streamlined UX and assurances that their sensitive personal and financial data is safe.

Read More > June 7, 2018

2017 CFPB Report Trends

Topics: Merchant Processing, Payments Industry Trends

The Consumer Financial Protection Bureau, or CFPB, is a government agency responsible for consumer protection in the financial sector. In 2017, the CFPB received an average of more than 24,000 complaints per month. Here are the most notable CFPB complaint trends of 2017.

Read More > June 5, 2018

Complete Guide to IVR Payment Compliance

Topics: Electronic Payments, Payments Compliance

When you have a business that accepts orders, manages payments, or is involved with money, you are going to have customers who need to call in. Thanks to modern technology, you can also opt to implement an Interactive Voice Response (IVR) system to handle customer calls.

Read More > May 31, 2018

Understanding ACH Settlement Time

Topics: Merchant Processing, Electronic Payments

When you receive your paycheck via direct deposit, transfer money between bank accounts, or schedule a recurring payment from your bank account, your money passes through the Automated Clearing House Network, or ACH. However, payments processed through ACH payment processing are not immediate.

Read More > May 30, 2018