Remove Alternative Payment Methods Remove Information Remove Transactions
article thumbnail

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.

article thumbnail

A Guide to Alternative Payments

TreviPay

Alternative payment methods are changing the financial industry and the world. Businesses willing to embrace them in their payment strategy will thrive in this changing economic landscape. These alternative financing options include: Crowdfunding (e.g., Different types of alternative payment methods 1.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Payment Orchestration vs Payment Gateway

TreviPay

Payment orchestration platforms support payments across different regions. They generally offer alternative payment methods and comply with payment security, rules and regulations. How payment orchestration works (in 6 steps) The below six steps highlight how payment orchestration typically works.

article thumbnail

Days sales outstanding: effectively managing DSO improves cash flow

TreviPay

Speed up accounts/receivable processes: By outsourcing A/R processes such as underwriting, onboarding, invoice submission, matching remittance information, reconciliation and collections, your A/R teams are better able to handle an influx of new business without sacrificing efficiency.

article thumbnail

Payment Orchestration

TreviPay

It increases authorisation rates by routing via different acquirers when issuing banks decline transactions. And it improves conversions by this routing process and the fact that it helps make more payment methods available. This includes information on basket abandonment rates, 3D Secure (3DS) declines, and more.

article thumbnail

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

Due

An uncomfortable mix of panic, embarrassment, and frustration grips you as the payment processing machine displays the irritating message ‘Your transaction has been declined’. Particularly, if you have been waiting in a long queue to make your payment, the discomfiture grows intense. Don’t worry.

article thumbnail

Top 4 Accounts Receivable Challenges and How to Overcome Them

Gaviti

Some customers might not have paid off their invoice because they are unable to use the current payment methods provided by your company. Work with the customer and see if you can come up with an alternative payment method. Consider an automated accounts receivable solution. Need to find unpaid or late invoices?