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Holiday Collection Policy Tips from the RevCycle Heroes

RevCycle

Send friendly reminders before the due date, highlighting any holiday-related delays in processing payments. Offer alternative payment methods: Provide options like online payments, installments, or pre-authorized debit to make it easier for customers to pay on time.

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When Your Credit Card Gets Declined – 13 Things to Do Immediately

Due

So, the first thing to do after a credit card decline is to ensure you are in terms with your credit limit. If not, consider using an alternate payment method. Also, try to pay off your credit card bills every month to free up your credit limit.

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Business Line of Credit vs. Credit Card

Lendio

When credit cards aren’t an accepted form of payment: Sometimes, specific vendors or large transactions require alternate payment methods. A business line of credit provides the flexibility to handle such situations with ease, ensuring that your operations run without a hitch.