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.

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