EBizCharge

JUNE 19, 2024

A typical piece of remittance advice includes several critical pieces of information for the recipient to identify and process the payment accurately. Remittance advice documents generally consist of the following; The name and contact details of the payer The remittance advice date Payment amount and currency Payment method (e.g.,

Payer

Stax

JUNE 13, 2024

Subtitle: Non-Cash Payments If you use a credit card or another form of payment, then you will not be taking advantage of the cash discount, and that difference will be a non-cash adjustment of xx% automatically added to your payment amount.

Credit Cards

PYMNTS

AUGUST 12, 2019

This leaves the remaining 60 percent scrambling to adjust their authentication and payment processes, and these eTailers have their work cut out for them: They will have to introduce security protocols like 3DS, learn which authentication methods are SCA-compliant and integrate those methods onto their platforms.

Issuers

Stax

MAY 2, 2024

They’re synonymous with a financier giving you a certain advance amount in exchange for your future credit card sales. MCA repayment amounts are more flexible since they’re based on a percentage of credit card sales instead of a fixed payment amount. Besides, the payment amount is a percentage of your income.

Credit Cards

Stax

MARCH 6, 2024

They should include detailed explanations of billing cycles, payment amounts, renewal policies, and cancellation procedures. This may involve adjusting pricing, adding new subscription tiers, or offering promotions and discounts to retain existing customers and attract new ones.

Best Practices

Stax

MAY 7, 2024

They are a combination of a percentage of the transaction amount and a fixed fee charged per transaction. Interchange fees are set by credit card issuers, such as Bank of America, Citi, or Chase, and are adjusted every year in April and October. Is it worth it for small businesses to accept credit cards, considering the fees?

Credit Cards

Payment Savvy

OCTOBER 8, 2024

This can include fixed payments, such as a subscription service, or variable payments, such as utility bills, where the amount owed may differ each month. Once authorized, the business can adjust the payment amounts based on your bill, and you do not need to re-authorize the payment each time.

ACH

EBizCharge

APRIL 23, 2024

How payment terms relate to invoices Payment terms are often found in the initial contract with customers and printed on each invoice to communicate when payment(s) are due, payment amounts, and late payment policies/fines.

Payments

My Payment Savvy

APRIL 8, 2025

Step 4: Click on the number at the top of the screen to enter the payment amount. Ensure that youve entered the appropriate amount and add a note saying what the money is for. Step 5: Click Pay then adjust the privacy settings before confirming the transaction. If needed, enter these digits now.

Venmo

Nanonets

SEPTEMBER 22, 2023

The software automatically matches invoices with purchase orders, verifies payment amounts, and reconciles discrepancies, preventing payment errors and disputes with vendors. Small businesses can easily adjust their usage and storage needs as their operations grow or change.

Small Business

EBizCharge

NOVEMBER 1, 2024

The challenge of short payments is compounded when they become a recurring issue, as it can lead to a business making late payments for its short-term debts and obligations. Companies must often adjust their balance sheets and consider revising customer credit terms to mitigate these challenges.

Best Practices