Recent posts published:
Recent posts published:
How to Calculate Take Rates
Nowadays, online marketplaces have become a reigning platform for facilitating transactions since most consumers purchase via private sellers and third-party platforms for a more efficient experience. To maintain a [...]
How To Prevent Data Breaches: 15 Best Practices
Now more than ever, businesses are focusing on preventing data breaches and implementing response protocols to mitigate breaches if they occur. According to the 2023 IBM Data Breach Report, [...]
What Are ACH Prenotes and How Do They Work?
As electronic transactions garner popularity and evolving efficiency, understanding the nuances of systems like the Automated Clearing House (ACH) becomes more imperative than ever. Among the various features included [...]
ACH Reversals vs. ACH Returns: What’s the Difference?
Every day, billions of dollars in transactions are processed around the world. While payment methods vary depending on location, merchant, and type of transaction, ACH payments are one of [...]
What Are Bank Cutoff Times?
When your business wants to make a check payment, ACH transfer, or process a transaction through its bank, it’s essential to understand bank cutoff times and their implications on [...]
What is a Ledger Balance?
A comprehensive understanding of your business’s financial health is crucial for financial maintenance. To maintain a firm grip on the financial health of your business, it’s imperative to understand [...]
What Receipts Should I Save For Taxes? And For How Long?
Tax season is often stressful and time-consuming for businesses, but it doesn’t have to be. Creating a simple system for organizing your physical receipts can eliminate the last-minute scramble [...]
Cash Disbursement: What is it and How Does it Work?
Healthy cash flow is essential for maintaining a business’s financial stability. Excessive outflows of capital from any organization, if left unchecked, can lead to problems involving slow growth rates, [...]
8 Essentials You Should Include on an Invoice
Late payments can wreak havoc on cash flow, hindering growth and causing undue stress between companies and customers. To alleviate this stress, businesses can optimize invoices for more seamless [...]
3D Secure: What it is and how it benefits your company in 2023
With 2.8 billion malware attacks and 255 million phishing attacks reported in the first six months of 2022, payment security is now a central concern for most businesses worldwide [...]