Financial Services

When your customers are paying for your products or services, they have multiple payment avenues. They can pay in cash, check, credit card, or debit card. Lately, regular customers are opting to pay through ACH (Automatic Clearing House). This means the cash moves from their bank to yours via electronic transfer. It’s a cheaper method,…

ACH stands for Automated Clearing House and it is an electronic payment delivery system for individuals and businesses within the US. The ACH is typically linked to a merchant account, and a business will use it to send or receive money to and from a variety of accounts on a recurring basis. It is a…

Often times in business, it can start to be all about the numbers, but sometimes it’s important to open up and give something back to the community that made it all possible. Whether you are self-employed, or a small business owner, the holiday season is the perfect time to make that connection with your community,…

With half of the average retailer’s sales occurring in November and December, a company has to be ready to accommodate this increase in interest, especially if they have an online component. If you can prepare your online store the right way, you can boost your sales and take advantage of the extra traffic to the…

New Year’s resolutions are typically about losing weight or quitting smoking, but you can also have New Year’s resolutions for your small business. What do you want your business to look like in a year from now? This article will discuss some smart resolutions your small business can make for the new year. “I will…

Your website is converting fewer customers than you were expecting. In fact, you’re starting to wonder whether you’ve done something wrong, and are looking for solutions. This is where checkout conversion management comes in, a dedicated process that reviews the checkout process in order to identify problems and bottlenecks and fix them. Every time a…

PCI stands for Payment Card Industry. The PCI Standards are a prescribed set of regulations that govern online sellers. The PCI standards are intended to ensure safety and security standards in web-based transactions. While it’s not mandatory for vendors to have PCI certification, it helps to build customer trust and streamline security requirements. In 2017,…

When asked when they would like to retire, US millennials answered, on average, that their retirement goal is at the age of 60, which is 2 years earlier than the overall average of people surveyed in 16 countries. This goal is achievable, and with the right type of financial planning, it should be fairly easy…

The QR code is an upgraded version of the barcode, and it was developed by Denso Wave, a Japanese company, in the mid-90s. Its main advantage over barcodes is that it can store extra information. A bar code stores information in the thickness of the bars and the white spaces between them. Since there is…

Automated Clearing House Origination refers to electronic transactions that can be used to disburse payments in an efficient manner, and/or collect electronic receipts through direct payments within the United States. ACH Origination must be approved by a relationship officer, and once the account is in place, business customers can opt for automated recurring transactions at…