Payment Processing News
Tranzpay offers modern payment solutions to make inbound and outbound payment processing fast, easy, and secure. Scroll down to view articles & insights to help you optimize payment processes.
From Weeks to Seconds: The Power of Digital Payments in Insurance Claims
The insurance industry is undergoing a major transformation, with digital payments at the forefront of enhancing efficiency, reducing costs, and improving customer satisfaction. Traditional payment methods, such as paper checks
The Future of Transactions: How Self-Serve Payment Platforms Are Transforming Businesses
The way businesses handle transactions is evolving rapidly, and self-serve payment platforms are at the forefront of this transformation. Companies across industries are embracing these solutions to streamline operations, enhance
From Wallets to Wireless: Understanding the Rise of Digital Payments
Digital payments have transformed the financial landscape, evolving from traditional wallets to sophisticated wireless transactions. This shift has been driven by technological advancements, changing consumer preferences, and the global push
ACH Payments: A Game-Changer for Small Business Financial Operations
ACH Payments: As a small business owner, managing transactions efficiently and cost-effectively is crucial to your success. Automated Clearing House (ACH) payments are transforming financial operations by providing a secure,
Insurance Industry : How Payment Platforms Impact Customer Experience
Introduction In today’s fast-paced digital landscape, customer experience has become the cornerstone of success for businesses, especially in the insurance industry. Seamless transactions are no longer just a convenience—they are
Preventing ACH Fraud: Why Your Payment Processor Matters
No form of payment is completely risk free. Although ACH payments are relatively secure, ACH fraud is a growing problem. The payment processor you choose makes a big difference to
How Claim Payment Speed Impacts Policyholder Satisfaction Levels
Some things are out of your control when you’re trying to improve policyholder satisfaction. There’s not much you can do if all the repair shops have long wait times or
How Your Payment Strategy Affects Your Business Strategy
Running a successful business comes down to payments. To stay profitable, your inbound payments need to exceed your outbound payments, and issues with payment processing can impact everything from cash
Digital Wallets Are Becoming More Popular: How Can Insurers Embrace the Trend?
More consumers are naming digital wallets as their preferred payment method. For insurers, this represents an opportunity: if you offer digital wallets, you appeal to more customers – especially younger
