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.
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
Does Your Payment Service Provider Help You Comply with State Tenant Laws?
No matter what your rental agreement says, you have to follow state tenant laws. Many states have laws governing things like deposits and refunds. Property managers who run afoul of
How Long Should Outbound Payments Take? Here’s What’s Acceptable Now
Slow outbound payments aren’t good in any industry, but this is doubly true for the insurance industry. Speed has always been important when it comes to insurance processes. New technologies
How to Stop Fraudulent Payments
Is payment fraud cutting into your profits? For many businesses, fraudulent payments are a growing problem that can cut into revenues and undermine success. The good news is that you
Reducing Revenue Leakage with Payment Options and Engagement
Are you losing revenue because your customers forget to pay you? Missed and late payments are a common source of revenue leakage – but you can do something about it.
Which Payment Options Do Consumers Prefer?
Let’s be honest – most people would prefer not to pay bills like rent and insurance premium payments. When the payment methods are inconvenient, though, it makes the process that
Is Your Company Prepared for Data Privacy Regulation?
Is your company ready for increased data privacy regulation? As federal legislation gains support and worry over data breaches increases, businesses may want to start thinking about compliance and data
What PCI Compliance Means for Your Payment Process
If you’ve ever received a notice that your personal information has been in a data breach, you’re familiar the resulting sense of dread. When your personal information and payment details