Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.
5 Financial Resolutions to Kickstart the New Year
Dec 6, 2023 by Zazil Martinez
Discover the essentials to thrive in the new year. From streamlining expenses to embracing digital payments, we provide actionable steps for success. Join us in securing a resilient financial future.
Learning from Silicon Valley Bank's 2023 Mistakes
Nov 30, 2023 by Zazil Martinez
In the fast-paced world of finance, Silicon Valley Bank's collapse in 2023 sent shockwaves through the industry. In this retrospective, we will examine what caused the downfall, how it affected things, and what we can learn.
All Blog Posts
Surcharging: A State-by-State Guide
Nov 27, 2023 by Zazil Martinez
Can businesses surcharge customers for credit card payments to compensate for processing fees? It depends.
What is a Credit Card Hold? A Closer Look
Sep 6, 2023 by Zazil Martinez
Today, credit cards have become the preferred payment method for most Americans, thanks to their convenience and tracking capabilities. However, certain features of credit cards can have unintended adverse effects. One example of these effects is credit card holds.
Optimize Your Revenue with a Zero-Fee Payment Strategy
Sep 4, 2023 by Zazil Martinez
In 2022, U.S. businesses paid a staggering $160 billion in credit card processing and transaction fees. To boost revenue in 2023, accounts receivables professionals need to cut these costs. Discover how you can save money and optimize your accounts receivable strategy.
The Evolution of Corporate Card Rewards: What's Next?
Aug 4, 2023 by Daniel Escudero
Corporate credit cards have been a standard tool in the arsenal of businesses for decades. However, in recent years, the way companies use and choose their corporate cards has undergone a significant transformation.
Everything Your Business Needs to Know About Convenience Fees
Jul 25, 2023 by Zazil Martinez
We are at a time when money is digital. Cash payments are considered obsolete, and paying by credit card is the new normal. Yet, many businesses make an extra charge for this payment method.
Making the Switch: Why You Should Use Virtual Corporate Expense Cards
Jul 24, 2023 by Daniel Escudero
Managing corporate expenses effectively can be a daunting task, especially in a fast-paced world where businesses need to cope with rapid technological advancements. Accounting and finance teams have been relying on traditional credit cards to streamline the process of expense management, but it is time to move on to something better.
Why Enterprises Should use Virtual Cards for Managing Opex
Jul 20, 2023 by Daniel Escudero
In the aftermath of COVID-19, businesses have had to make significant adaptations to their financial and operational structures to thrive in the evolving business landscape.
How to Offset Credit Card Processing Fees for B2B Companies
Jul 18, 2023 by Kelsey Banerjee
Consumers widely use credit card payments. The processing fees associated with these transactions can significantly burden businesses. B2B organizations face higher costs due to credit risk, back-office expenses, and extended payment terms. Developing strategies tailored to this model can reduce costs and boost revenue.
The Future Beyond Credit Card Fees
Jun 22, 2023 by Zazil Martinez
Credit card processing fees can significantly impact profits in today's highly competitive markets. With struggling economy challenges and the need to attract skilled professionals, businesses are shrinking their profit margins. It's time to move beyond credit cards and explore alternative payment methods.
Benefits of Splitting and Passing Credit Card Fees
Jun 16, 2023 by Zazil Martinez
If you're a B2B company heavily reliant on credit card payments, you understand the impact of fees on your revenue. By passing on or splitting credit card fees with your customers, you can cover this cost while minimizing the impact on your bottom line.