FICO Blog

DECEMBER 20, 2022

Here are my predictions on the payment trends for the next year, how they’ll create risks or opportunities in 2023, and what FIs need to watch out for with each of them. While debit transactions still prevail, all the other payment types are growing even faster. As a result, default and delinquency rates are at historic lows.

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FICO Blog

DECEMBER 20, 2022

Here are my predictions on the payment trends for the next year, how they’ll create risks or opportunities in 2023, and what FIs need to watch out for with each of them. Alternative Payments Methods Will Grow Faster than Debit — and Scammers Will Rejoice. As a result, default and delinquency rates are at historic lows.

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Alternative Payment Methods Transactions Credit and Collections Default 52

Lendio

FEBRUARY 27, 2024

With a secured line of credit , a borrower puts up cash or assets as collateral in case of default. When credit cards aren’t an accepted form of payment: Sometimes, specific vendors or large transactions require alternate payment methods. Business lines of credit can be secured or unsecured.

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Fundera

AUGUST 20, 2019

SecurionPay also allows you to create your own custom payments page, feature cross-sales after a transaction is complete, and manage subscriptions with recurring payments. Since SecurionPay is based in Europe, their fees default to euros. Roughly translated to USD, their fees amount to a flat 2.95% + $0.28 to use their service.

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