Take Risk with Confidence: Automating Payfac Underwriting

Merchant acquirers and payment service providers (PSPs) have a common challenge.

Growing the business requires onboarding merchants. More merchants means more transactions, which fuels your growth and increases your processing volume. The faster you can onboard merchants, the faster you can grow...

Increasing Payments Revenue: Expand Your Piece of the Pie

Technology holds tremendous potential to transform the payment space. The right kind of automation is the key to unlocking this potential. This is true regardless of whether your company is just starting to get into the payment space or an established firm that wants to grow the business, either...

3 Guidelines: Digital Readiness In The Age of COVID-19

The entire world is united in facing a new reality of quarantining and remote work as we collectively go through the COVID-19 pandemic. However, there's one thing that all of us in business know: the show must go on. Your clients still need your expertise and advice, arguably now more than ever....

Approval Automation as a Tool for Merchant-Acquiring Business Growth

PAC-MAN™ was never a very realistic game. He would eat and eat and eat but never get any bigger.

The Merchant Acquiring game is very much like a realistic version of PAC-MAN™. If Acquirers and ISOs don’t acquire merchants, they’ll be eaten. But make no mistake, the ones who do the most acquiring...

Speed: The Most Important Aspect of the Customer Approval Process

Anyone who has opened a merchant bank account can attest that the client approval process is slow and complex. As margins decrease and merchant attrition increases, bank executives responsible for customer experience are searching for ways to remain competitive. Their goal? To understand the...

Payment Packages and Efficiency: Key Differentiators

Traditional payments organizations have new competition. It’s not just Square and Stripe, it’s companies like Shopify and PayPal’s Business in a Box that provide full suites of offerings on top of payment processing. Although merchants still require payments to do business, today it seems more...

Six Tips to Drive Merchant Applications

If there’s one thing that prevents merchants from signing up for payments offerings, it’s the application process. With hundreds of fields and crowded information, traditional applications are difficult to decipher and complicated to submit.

One-Click to Merchant Acquiring: It’s not just about checkout

In acquiring, the merchant onboarding process is often rendered into bits and bytes. A digital forms solution here, an eSignature solution there, and a CRM integration and potentially workflow management system over there. In an industry where speed matters and merchants have been found to...

Why payment packages and efficiency are key differentiators today

Traditional payments organizations have new competition. It’s not just Square and Stripe, it’s companies like Shopify and PayPal’s Business in a Box that provide a full suite of offerings on top of payment processing. Although merchants still require payments to do business, today it seems more...

The Truth Behind Merchant Underwriting Automation Failure

Real-time Approvals for the Modern Merchant

Offering same-day merchant approvals, or even doing so within minutes, has become table stakes in merchant acquiring. Whether you’re a highly digital technology company or the most traditional acquiring bank, providing incoming merchants with an...