Payment Processing Trends to Give Financial Institutions an Advantage Post-COVID

Financial institutions can help make our community strong.  Almost no business has come out unscathed by the COVID-19 pandemic. However, every dark cloud has a silver lining. With every defeat comes an insight into a business’s weaknesses and strengths. Many companies, for that reason, are doing some self-reflection and seeing what they can stand to […]

Why You Need Compliance for Financial Institution Payment Processing

Compliance in Financial Institution Payment Processing The nature of all financial institutions, like a credit union, is to hold and secure sensitive information. For that very reason, companies that partner with electronic payments companies need to be highly regulated and meet the highest levels of compliance and security to keep your customer’s banking information safe […]

Contactless is No Longer an Option for Credit Unions

The world never stops moving forward. Though, during a crisis, it may not seem that way. Many businesses are feeling the impact of COVID-19 in many ways, highlighting the urgent need to do business virtually. That’s why everything is going digital, and mobile. The fast, seamless nature of online shopping has made digital payments popular […]

Payrazr Hosted Payments Helps You Accept Payments Online Fast

Taking payments online is not as easy as you may think, especially if you want to connect your core system, web applications and mobile apps to the payment gateway. Thankfully, BillingTree® just launched Payrazr Hosted Payments, which makes connecting your existing user-facing assets to the Payrazr™ payment platform a breeze. Accept online payments with one […]

BillingTree’s Financial Services survey reveals customer retention, payment technology and software integration as top priorities

Fourth annual Financial Services Industry survey results available now for complimentary download Top factors cited as critical for success are growing member base and customer retention Majority of financial institutions now offer choice of payment options; finds continued demand for web, mobile and text payment technologies Phoenix, Ariz. – August 24, 2018 BillingTree®, the leading […]

Five Important Things to Know About PCI Compliance

If you are involved in collections, financial services, healthcare or property management, you’re more than likely going to be subject to PCI-DSS regulations. The Payment Card Industry Data Security Standard (PCI-DSS) is a set of guidelines designed to keep sensitive financial information safe and secure throughout every stage of the payment cycle. Credit card abuse […]

How Credit Unions Can Improve Payment Services for Members

In today’s constantly-connected world everyone has access to the internet 24 hours a day. In addition to that, they have many different methods for paying for products and services, and they use them regularly. Payment by debit cards, credit cards, mobile apps and even text messages are commonplace. So when they are making a payment […]

Benefits of Recurring Credit Card Payments

Many businesses and collection agencies are familiar with recurring ACH payments, but are you aware that credit cards can be set up for automatic recurring payments? Automated recurring credit card payments are convenient for customers and they offer significant advantages to agencies as well. Electronic billing helps simplify the payment process, increase cash flow and […]