ReliaFund Blog
ACH Network: Nearly 10% Growth in Second Quarter of 2021
The trend continues: in the second quarter of 2021, the ACH network grew 9.9%, to 1.3 billion payments, according to Nacha. Though some of this growth was expected, there are surges in areas like healthcare, which was up by 37.5%, that were much higher than anticipated. The rapidly digitized world continues to encourage more and…
Read More Why You Should Consider Integrated Payment Systems
Integrated Payment Systems are payment systems that communicates with all other critical software your business uses, according to Tidal Commerce. And in today’s rapidly evolving digital world, no one wants to add steps or systems to unnecessarily lengthen any process – especially a process that is responsible for the financial savviness of your business. It’s…
Read More 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,…
Read More 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…
Read More 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…
Read More 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…
Read More 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…
Read More 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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