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 […]
Category Archives: Credit Unions/Financial Institutions
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 Online Payment Solutions Make Banking Easier
Credit unions want to make it simple for members to make payments quickly and conveniently. Here are some advantages of online banking that you can share with your members to motivate them to bank electronically.
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 […]
Grow Your Credit Union Through Customer Service
As you build your credit union business you will find that the competition increases. Consumers have many choices and as your business grows you will begin competing with the larger banks. One of the methods that larger banks use to compete is to offer lower rates or cash upfront to their potential clients. This is […]
The Five Most Important Things to Know About PCI Compliance
If you are involved in financial services, then you are 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 is on the rise worldwide, especially online. Financial service […]
Ten ideas to Improve your Interactive Voice Response (IVR) system
An Interactive Voice Response (IVR) system is a great way to assist your accounts without having to talk to an agent right away. Proper use of the IVR can route callers to automated processes or direct them to the proper agent who can help them the most. Sometimes, though, the front end of an IVR […]
Payment Convenience with Credit Card Virtual Terminals
Convenience in making payments is now more in-demand than ever in this digital age. Consumers use credit and debit cards to make payments and companies process these payments many different ways. Any business that uses the Web to take payments can use a virtual terminal to facilitate those transactions. Virtual terminals are easy-to-use, secure and […]