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With today’s technology, automated billing and payment software are available and can help you save a lot of time. Hopefully, you’ll have selected the right payment processor that gives you a great price while providing you with everything you need to encourage your customers to pay quickly and easily. Read on to find our Best Of picks and see why we chose them.

As a freelancer, billing is important. If you don’t send out your invoices, you don’t get paid. But you can’t spend all your time sending invoices and chasing after payments. You’ve got to do some billable work too. Read on to find out the different software services that can help you do everything easier and faster.

With the Covid-19 crisis, customers are paying for things by telephone a lot more than before. Here, we recommend six processors that provide excellent value for MOTO transactions that fit various types of businesses and answer some common questions.

If you have started or are seriously thinking of starting a new business, you have a lot of decisions to make, and setting up credit card processing is almost an afterthought. This article will help you narrow down your options so you can pick a great processor without time-consuming research.

A First Data contract can be hard to cancel right away. The main problem is that it has an early termination fee (ETF), which could get pretty hefty if you cancel at the wrong time. To pay less of the ETF, you might have to wait a few months. But there are other obstacles as well. In this article, we’ll explain how the cancellation process typically works. You’ll still have to read some of that contract, but we’ll help you find the relevant parts more quickly for quick lookups.

If you’ve ever paid employees or received a paycheck through electronic deposit, then you’ve used the ACH payment system. Same with using the “pay bills” feature from your bank account. Whether you are aware of it or not, you use ACH to make payments every day. In fact, even when a payment is not called an ACH transaction, a portion of that process might still pass through the ACH network. This is because ACH payments form the backbone of money transfer between US banks.

Friendly fraud occurs in connection with a chargeback claim. How can fraud be perpetrated through chargebacks, and is there anything you, the merchant, can do to prevent this type of fraud? Read on to find out.

Chargebacks happen to every merchant. In fact, you probably won’t be able to eliminate all chargebacks as long as you keep accepting credit cards. The best you can do is to contain them and reduce them to a small number. What is left is just a part of the cost of doing business. To find out more about what chargebacks are and how to best deal with them, read on to find out.

Financing allows those who are wavering on a purchase because of the price to buy from you right away and then pay for the goods/services in installments in the future. This way, you don’t lose a sale to sticker shock. This is called customer financing or, sometimes, consumer financing. Broadly speaking, you can provide customer financing yourself, or you can use a third-party financing specialist. As to how to do either, along with their pluses and minuses, read on to find out.

If you’re ever curious about what card networks, card associations, or card brands are, and what these entities actually do (other than make you pay fees of various sorts), you’re at the right place. We’ll explain what card networks are, give you a little history about each, and provide a general framework for understanding how they fit into the business of credit card processing.