Payment facilitators make it faster, cheaper, and easier to process payments. Find out more about how using a payment facilitator can: What Is a Payments Facilitator? A payment facilitator, also known as a PayFac, is a sub-merchant account for a merchant service provider. This sounds complicated, but at the most basic level, a payments facilitator … Read more
Healthcare providers know that the commitment to keeping their patients’ information safe and secure is a top priority. Whether it’s medical, personal, or financial, data has been notoriously difficult to secure and protect—especially in today’s hyper-connected economy. The Health Insurance Portability and Accountability Act (HIPAA) mandates the requirements for keeping patient data safe. Included in … Read more
Many customers prefer to pay their bills on an automated, predictable schedule. If your business does not offer this level of automatic and recurring payments to ensure a customer-centric experience, this article presents the basics of what recurring payments are, how they work, and the benefits they offer to your business and your customers. What … Read more
The world of payment processing is shifting every day. With each new technological advance, merchants must accommodate the growing number of payment methods. Finding a credit card processing system that accepts all major credit cards and mobile payments while keeping costs down can be challenging. That’s where virtual terminal payment processing comes in. A virtual … Read more
Service request management software is one way to make sure the needs of your customers, vendors, and employees are efficiently tracked and resolved, rather than letting concerns fall through the cracks. Here’s your chance to learn more about service request management, including what a service request is and the best strategies for implementing a service … Read more
Text-to-pay is a convenient and secure mobile payment method that allows consumers to pay for goods and services via text messages (SMS) or messaging apps. This technology leverages the ubiquity of mobile phones and the simplicity of text messaging to facilitate quick, hassle-free transactions. In this article, we’ll cover what it means to pay by … Read more
These days, it seems like every government entity is moving toward unified, collaborative systems. This trend is primarily due to a shift in consumer expectations, no matter which government sector they’re dealing with. Building trust with your community is more critical than ever, and the digital platforms you use to accommodate your citizens are a … Read more
Government organizations have a singular focus—providing exceptional service and support for citizens. Regarding financial transactions, citizens deserve to be informed from start to finish. Occasionally, that includes debt collection systems. While government organizations rely on property liens over debt collection practices, it’s important to be informed on how the new debt collection laws of 2022 … Read more
In this ultimate guide to revenue cycle management (RCM), CORE covers everything from the basics to get you started to the strategies and solutions that help you overcome RCM challenges and their resulting consequences. Table of Contents What Is Revenue Cycle Management? The Purpose of Revenue Cycle Management Software 4 Revenue Cycle Management Benefits 4 … Read more
What Is a Payment Platform? A payment platform refers to a digital infrastructure that enables the processing and facilitation of financial transactions, allowing seamless exchanges of funds between various entities. Payment platform technology serves as a central hub for managing payments, offering a secure and efficient means of conducting transactions in the digital space. Payment … Read more
