ReliaFund Blog

isv payments

The Benefits of ACH for ISV Payments

For independent software vendors (ISVs), creating a more integrated payments approach could spell success for the future. Let’s go through some of the benefits of ACH processing for ISV payments. What’s an ISV? ISV is short for independent software vendors. But what does that mean? ISVs are software publishers, individuals, or organizations that develop, market,…
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future of payments

Where the Future of Payments Is Headed

We are in a time of rapid digital evolution. New innovations and technologies are speeding through the payments industry. Solutions that traditionally take years to implement are now being tested and rolled out in a matter of weeks or months. This new normal won’t be going away any time soon. Take a look at where…
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customer online payments

8 Ways to Protect Customer Online Payments

Online payments are becoming more and more common, and cybercrime surrounding virtual payments is also on the rise. When you do business online, your customers want to know that their payment information is safe. Here are some ways to protect customer online payments. Seek Certification SSL security certificates are a great way to showcase your…
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credit card processing

Credit Card Processing for Small Businesses

Credit card processing is an important part of a small business’s livelihood. Research from a Finder study shows that 73% of people would leave a store without making a purchase if it didn’t offer a card terminal. Only 27% would find an ATM and then come back to the store to purchase something.  And even…
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ach payments

Tips for Incentivizing Customers to Pay via ACH

ACH payments have taken the world by storm – literally. Have you recently implemented an ACH payment system? Are you currently considering implementing an ACH payment system? Once you’ve made the decision to incorporate ACH into your business’s payment methods, the next big task is introducing it to your customers and encouraging them to take…
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improve cash flow

7 Tips to Improve Cash Flow for your Business

Cash flow is the movement of money into and out of your business. It comes from a variety of sources and is not just physical cash – it’s all types of payments. When you pay rent, charge a business expense to your company card, receive payment for your products or services – it’s all cash…
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preventing check fraud

Tips for Preventing Check Fraud

We recently talked about the 5 reasons people still use checks on our blog, which highlights the fact that, though check use continues to decline, it is still a popular payment choice for many people. And because identity theft and check fraud have been on the rise for the last several years, we wanted to…
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ach network

Record Growth in ACH Network

Nacha, the organization that governs the ACH Network, has recently released a report chronicling trends in the use of ACH in 2020. 26.8 billion payments were made over the ACH Network in 2020, which is an increase of 8.2% over 2019, and the value of those payments, $61.9 trillion, increased by 10.8%, according to Nacha’s…
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people still use checks 2021

5 Reasons People Still Use Checks (& 2 Reasons Not To)

The ACH payment processing network had a record year of growth in 2020. $61.9 trillion in payments were processed last year, which is an increase of 10.8% from 2019. We’ve talked previously about why ACH processing is on the rise, and it’s no secret that credit and debit cards, Venmo, PayPal, and ACH are all…
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common fraud part 2 banking and payment fraud

Banking & Payment Fraud – Common Fraud Pt. 2

Many people are still waiting for their second stimulus payment to arrive; fraud once again becomes an immediate concern. With huge numbers of checks and direct deposit payments surging from the federal government to individuals all over the country, now is a prime time for fraudsters to pull out all the stops in order to…
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common fraud part 1 cyber fraud

Cyber Fraud – Common Fraud Pt. 1

Many people are still waiting for their second stimulus payment to arrive; fraud once again becomes an immediate concern. With huge numbers of checks and direct deposit payments surging from the federal government to individuals all over the country, now is a prime time for fraudsters to pull out all the stops in order to…
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payment trends 2021

Payment Trends to Look for in 2021

The COVID-19 vaccine is being distributed to Americans right now, and the US government is finalizing a second stimulus package – it looks like things are starting to trend upward as we head into 2021. 2020 is ending, and trends in payments have changed drastically. What 2021 payment trends should we be looking for? More…
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