Inside PaymentVision’s Blog

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

What Is the FDCPA?

Topics: Payments Risk Management, 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.

Read More > May 15, 2018

Payment Processing for Collection Agencies

Topics: Merchant 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.

Read More > May 10, 2018

Processing Card Payments: Understanding the Card Transaction Lifecycle

Topics: Merchant 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.

Read More > May 8, 2018

How Walk-in Payments Can Benefit Your Business

Topics: Merchant Processing, Electronic Payments, Retail Payments

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.

Read More > May 1, 2018

Increase On-Time Payment with These Five Tips

Topics: Merchant Processing, Electronic Payments

Taking a proactive approach to collecting on-time payments can be a win-win for both merchants and customers. Exercising flexibility in accepting payments, communicating priority to customers through shorter payment periods, providing positive incentives for online payments and keeping the lines of communication open are all productive strategies increasing on-time payments.

Read More > April 26, 2018

Kiosk Payment Acceptance Guide for Collections & Receivables

Topics: Merchant Processing, Retail Payments, Urgency Payments

Technology has opened up opportunities for businesses to offer multiple channels for bill payment and that has benefited consumers and businesses, including improved customer satisfaction and reduced costs for collections….

Read More > April 12, 2018