ReliaFund Blog

ach payments

ACH Best Practices for Businesses

ACH payment processing is a great option for businesses of all sizes and industries. But the success and security of ACH transactions start with your business operations. In the 5 years since Same Day ACH was launched, this payment processor has made waves for businesses of all sizes, and the growth is expected to continue.…
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credit card processor

Credit Card Processor Selection: Dos & Don’ts

When it comes to building your business, there are thousands of payment processing options, from things as secure and top-of-the-line as ACH processing to affordable and quick options like Square, PayPal, and more. And while cash-only businesses still exist, in all likelihood, your business (especially if it’s online) completes most transactions with debit, credit, or…
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payments compliance

Payments Compliance Priorities for 2022

Payments compliance is a trending topic for 2022. This is driven by several factors, including cybersecurity concerns as well as shifting consumer demand for specific payment services. Because payment trends are constantly evolving, especially since the pandemic, when huge shifts were made towards more digital payments solutions. Let’s talk about some of the top payments…
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ACH updates

ACH Updates for 2022

Same Day ACH has only been around for just over 5 years, and a lot has changed in that time. ACH volume rose by 75.1% and its value rose by 92.9% in the fourth quarter of 2021, according to recent reports from Nacha and the Federal Reserve. ACH has changed the way we interact with…
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What Payment Types Should My Business Accept?

There are more than 200 different payment types, from cash to ApplePay to Bitcoin. However, it’s not necessary for your business success that you provide your customers with all 200 options. But where does that leave you? As a small or medium-sized business, you don’t have the luxury of trying out different combinations of all…
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cloud payments

Cloud Payments: What This New Era Means for Your Business

Cloud solutions have taken the world by storm recently. In light of the remote work and online shopping trends gaining popularity, cloud payments just make sense. However, each business has its own unique challenges. As cloud payment processing gains momentum, it’s important to take a step back to assess. Here’s what cloud payments can do…
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7 Key Payment Processing Features Your SMB Needs

We’ve already talked about some of the ins and outs of learning how to find the right payment processor for your business. The business world is changing rapidly and there are always new tools and technology that could help you more than your current payment processing platform. When it comes to evolving and growing your…
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check payments

Types of Businesses That Benefit from Check Payments

Depending on the types of businesses and customers you are talking to, check payments are either a huge hassle for little gain, or they are the lifeblood of certain payment programs. However, there are still lots of business types that benefit from check payments. Areas Where Checks Are Still a Dominant Payment Method Many members…
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pci compliance

The Importance of PCI Compliance in 2022

We’ve previously talked about what PCI compliance is and how it works, as well as the 6 main areas it encompasses. But a lot has changed in the world of cybersecurity, and providing your customers with secure payment methods is paramount to your business’s continued online success. PCI Compliance Updates The final release of PCI…
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Buy Now Pay Later Solutions Are Gaining Popularity

Since the beginning of the pandemic, we all know that businesses have swiftly pivoted their products and services to be accessible on their online site or app. But there’s one often overlooked consumer-based trend that has been gaining traction right alongside this digital transformation. The buy now pay later payment model has quickly outpaced layaway…
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inflation and small business

Inflation and Small Business

In November, inflation rose at the fastest rate since 1982. Compared to one year ago, the inflation rate has risen 6.8%. And when inflation rises, other things like supply shortages and price increases often come with it. So, let’s talk about inflation and small business: what it means, what to expect, and how to protect…
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e-commerce trends

E-Commerce Trends for 2022

During 2020, e-commerce grew by 33.6% to a total of almost $800 million. By the end of 2021, it’s expected to grow another 13.7% to reach $908 billion, which is more than $147 billion more than what would have been expected had the pandemic never happened. E-commerce trends are emerging rapidly because the demand for…
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