Auto lenders are facing a big problem: credit quality is deteriorating. Private lenders and buy here pay here lenders are getting hit the hardest.
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Auto lenders are facing a big problem: credit quality is deteriorating. Private lenders and buy here pay here lenders are getting hit the hardest.
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As a merchant, you know the importance of getting the most out of your credit card processing and merchant services provider. Most merchants agree that it is important to get the best rates. However, if you ever had a bad experience with a disreputable credit card processor, you know it is also important to work with a processing solution that you can trust. Savvy merchants know to avoid companies with aggressive and misleading sales...
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Sage 100 customers now have a simple and secure way to integrate payment processing and document management. Our team developed REPAY ClickToPay for Sage 100 companies who want to offer flexibility in online payments with eInvoicing functionality. Even better, REPAY ClickToPay works seamlessly with DSD InstaDocs for document management.
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It often feels counterintuitive for financial institutions to write off bad debts. After all, a loan portfolio is an asset toward any financial institution’s future revenue. Also, if a financial institution is unable to practice debt collection effectively, how can other businesses follow suit? So, why do financial institutions write off bad debt? How can they find opportunities to recoup this lost revenue? Could data analytics be useful in helping organizations to work out which debtors are likely to make...
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More people are using mobile apps to pay for more items – from morning coffee to car notes to rent – than ever before.
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For your collections business, we’re sure you’d agree that you need to collect faster on your portfolio to make more money.
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Are you getting the best rates with your merchant services provider? How would you know? As a merchant, you have options when it comes to merchant service providers. The cost of processing credit cards can get out of hand if you are not able to keep a close eye on your monthly merchant statement. If you think your monthly credit card processing merchant statements are confusing, you are not alone. It is very possible that your merchant...
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BIPs or buyer initiated payments are increasingly being seen as one of the best ways to boost B2B sales. Sometimes called “push payments,” BIPs are a form of commercial card transaction that is very different from standard card processing.
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There’s no doubt that consumer preferences are evolving quickly while expectations for high quality service continue to rise. Dealers not only have to identify the right mix of product and service offerings to attract new customers, they must consider how to effectively nurture these customers past the initial sale to develop long term relationships and establish recurring revenue streams.
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