Agile Payments Blog

1 min read

Text Payment Solutions: 7 Things to look for from your Text to Pay Provider

By Wayne Akey on Nov 26, 2019 7:39:44 AM

Text payment solutions offer businesses a fantastic tool for automating payment and especially late payment collection.

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2 min read

Media marketing - how to leverage IVR for order and payment acceptance

By Gene Krause on Nov 20, 2019 6:10:03 PM

Marketing products or services via mass media to consumers can result in an enormous number of consumer responses, sometimes flooding a call center or even some IVR systems. If the media used is television or radio, the consumer responses arrive at a narrow, but predictable time, further challenging an IVR system's capabilities. Having an IVR system that can handle the call load is just one critical issue that media marketers face in fulfilling their customer orders and accepting consumer payments.

Topics: IVR Payments
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3 min read

Pay By Text Solutions: Why Your Business Needs To Get On Board

By Wayne Akey on Nov 19, 2019 3:35:25 PM

Pay by Text payment solutions offer businesses a simple, cost effective method to securely collect customer payments.

Topics: IVR Payments
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3 min read

Late Payments Acceptance via IVR

By Gene Krause on Nov 13, 2019 4:42:42 PM

Interactive Voice Response (IVR) has been around for quite a while now, and it's use for payments acceptance has grown significantly in recent years. With recent advents in IVR systems along with increased cell phone adoption, businesses and organizations now have more tools to bill their customers and collect and accept late payments by phone.

Topics: IVR Payments
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2 min read

Integrating the On-Boarding of ACH Processing in an SaaS Application

By Gene Krause on Oct 9, 2019 11:57:34 AM

Software applications that require payments functionality often can benefit from adding the ACH payment rail. That's especially true for applications that have a subscription or recurring payments component. Thus the application's management or stakeholders will look to various ACH Providers for discussing requirements and finding a solution that meets their needs.

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2 min read

Managed Payment Facilitation and HealthCare Applications

By Wayne Akey on Sep 26, 2019 1:16:53 PM

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2 min read

Risks of Direct Deposit Payroll Processing

By Gene Krause on Sep 24, 2019 1:21:44 PM

Recent news has once again exposed the reality that there are inherent risks for a third party ACH processor in handling and processing payroll transactions for a company who handles payroll for multiple companies or even a single company's needs. 

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2 min read

Payment Facilitation Solutions For Property Management Platforms

By Wayne Akey on Sep 20, 2019 7:32:00 AM

Payment Facilitation allows a SaaS application the ability to accept payments on behalf of its end users. The platform users complete a simple application and in minutes can begin accepting credit cards and in some cases ACH Payments.

This ability to onboard clients without having the user apply for a traditional merchant account [that can take days and require supporting documentation like bank statements and tax returns] offers a friction-free onboarding experience.

Payment Facilitation at its core offers instant onboarding of platform users. If that is not an absolute necessity there are alternative that will better meet needs. See Payment Processing Partnerships.

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2 min read

Why Canada EFT Integration is Difficult

By Agile Payments on Sep 19, 2019 8:41:09 PM

What is Canada EFT?

Topics: Canada
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3 min read

Property Management, Leveraging an ACH Integration

By Gene Krause on Sep 19, 2019 12:59:12 PM

Property management applications are extremely popular today. There is rarely a week that goes by where we are not contacted by a software application that serves property management in some way or another. Often, we are discussing payments solutions with many at one time.

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2 min read

Is ACH a Requirement for Applications With a Recurring Payments Component?

By Gene Krause on Sep 10, 2019 3:48:16 PM

Applications that have a subscription component can differ in many ways, but almost universally there is an advantage for the application to integrate to an ACH API for origination and management of recurring payments. requirement, maybe not. Advantage to integrate and offer, most certainly.

One of the common problems that subscription based applications

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2 min read

Hybrid Payment Facilitation for SaaS Platforms

By Wayne Akey on Sep 10, 2019 10:27:02 AM

A Payment Facilitator can be thought of as a Master Merchant that facilitates and processes credit and debit card transactions for their platform users.

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2 min read

Managed Payment Facilitation : What is it and is it right for your SaaS?

By Wayne Akey on Sep 3, 2019 7:50:06 AM

Managed Payment Facilitation : What is it and is it right for your SaaS

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5 min read

The ACH Payment Aggregator Debate: Why Your Business Should Consider a Partnership

By Wayne Akey on Aug 27, 2019 2:17:00 PM

For a business owner, selecting the best and most cost-effective method of accepting customer payments can be confusing and overwhelming, particularly as the range of payment options continues to grow.

A payment aggregation solution offers a platform the ability to act as a master merchant and instantly onboard application sub-users. These users can complete a simple form and in minutes begin accepting payments.

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3 min read

Reducing Credit Card Declines: How Subscription Billing Management Providers Can Address Business’s Biggest Revenue Threat

By Wayne Akey on Aug 8, 2019 8:00:00 AM

The 2019 payments landscape has inherent risks for any SaaS applications.

For example, imagine you are a business owner with 500 customers that you bill $100 per month on a recurring basis. Your business runs and plans based on $50,000 per month coming in the door on a regular basis. It took a long time and a lot of work to get to the point where your business generates that amount of reliable predictable income. You pay salaries, rent, handle plan development, and manage marketing campaigns ALL around that recurring revenue.

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2 min read

SMS Payment Solutions: The 2019 Guide

By Coleman Akey on Aug 6, 2019 8:00:00 PM

 

 

 

The 2019 payments landscape demands sophisticated check acceptance risk mitigation tools. Businesses now have a new tool for collecting customer payments. SMS Payment Solutions allow businesses to:

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1 min read

Bank Account Owner Authentication Service: Moving Beyond Check Verification Services

By Coleman Akey on Aug 6, 2019 11:39:00 AM

Bank Account Owner Authentication Service: Moving Beyond Check Verification Services

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3 min read

ACH Payment Facilitation

By Gene Krause on Jul 15, 2019 10:34:16 AM

The ACH Facilitator : What you must know

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4 min read

SaaS - Expanding Market Reach to Canada With Payments

By Gene Krause on May 28, 2019 2:15:18 PM

Have a software application with a payments requirement and want to enter the Canadian market? We'll show you how.
Overview
Payment Rails
EFT API
Processing Costs
Recurring Payments
Payment Facilitation

Overview: For software applications, especially those that serve a vertical base of client user organizations, one logical way to expanding market reach is to open up the application to countries outside your initial geographical focus. Often the logical choice is a near or adjoining country. In the case of applications that were born is the United States the choice is commonly Canada.

Topics: Canada
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2 min read

SMS Payment Provider

By Wayne Akey on May 13, 2019 3:25:07 PM

SMS Payment Provider | Pay by Text Provider 2019

Topics: IVR Payments
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3 min read

SMS Payment Gateway

By Wayne Akey on Apr 29, 2019 7:48:38 AM

SMS Payment Gateway Solutions | Pay by Text Payment GatewaySolutions 2019
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4 min read

MarketPlace Payments : What you must know

By Wayne Akey on Apr 17, 2019 9:43:00 AM

Looking to leverage or provide MarketPlace Payments? What you must know

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2 min read

MarketPlace Payment Solution Challenges

By Wayne Akey on Apr 16, 2019 9:42:17 AM

MarketPlace Payment Solutions

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1 min read

The role of the Payment Gateway for MarketPlace Payments 2019

By Wayne Akey on Apr 15, 2019 10:41:15 AM

The role of the Payment Gateway for MarketPlace Payments

When evaluating technical payment solutions that address the primary needs of a MarketPlace Payment solution the integration to the Payment Gateway plays a vital role in the MarketPlace success. For platforms considering launching or monetizing their MarketPlace payments play a vital role in both the success [or failure] of the platform as well as a primary revenue driver6.

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1 min read

MarketPlace Payments and the Merchant of Record: What does it mean?

By Agile Payments on Apr 15, 2019 9:47:00 AM

MarketPlace Payments and the Merchant of Record: What does it mean?

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3 min read

Check Verification Process

By Coleman Akey on Mar 22, 2019 11:38:00 AM

In 2019 the payment landscape demands sophisticated check acceptance risk mitigation tools. A Check Verification Process mitigates check acceptance risks at the point of sale, with verification options ranging from automated routing number check and negative database options, to near real-time inquiries into current checking account status.

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2 min read

Canadian EFT - API Integration

By Gene Krause on Mar 22, 2019 11:28:00 AM

Many organizations are stuck in the world of managing their Canada EFT transactions by way of file submission. In some cases using antiquated windows software that is limited at best in ongoing maintenance. Fortunately there are Canadian EFT API integrations available.

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2 min read

Utilizing a Canada Electronic Funds Transfer

By Coleman Akey on Mar 22, 2019 11:26:00 AM

Canada Electronic Funds Transfer is easiest and most cost effective solution to managing Canadian ACH, allowing businesses based in Canada to debit checking accounts for one-time or recurring payments.

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2 min read

Canada Electronic Funds Transfer

By Coleman Akey on Mar 22, 2019 11:24:00 AM

Canada Electronic Funds Transfer processing options are scarce compared to the ACH processing providers available in the United States. Options are limited because of the small number of banks that run the payments sphere. This makes it difficult to gain access to Canada EFT processing.Utilizing a canada electronic funds transfer allows Canadian businesses to debit checking accounts for one-time or recurring payments.

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3 min read

Understanding the Benefits of Hybrid Payment Aggregation

By Wayne Akey on Mar 21, 2019 2:05:00 PM

The decision to become a Payment Aggregator or Payment Facilitator (Payfac) has massive implications for a SaaS application provider.

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3 min read

5 Things You Must Have To Become A Payment Facilitator in 2019

By Wayne Akey on Mar 21, 2019 9:46:00 AM

Payment facilitation is the process by which one entity, a master merchant, processes or facilitates payments on behalf of a base of sub merchants.

Topics: payfac
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3 min read

Payment Aggregation: What Can Possibly Go Wrong?

By Wayne Akey on Mar 21, 2019 9:00:00 AM

For the SaaS provider, the potential advantages of becoming a Payment Aggregator can be compelling. The Payment Aggregator model can seem very attractive, both for ease of onboarding and potential revenue generation.

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3 min read

Why the Payment Aggregator Business Model is Compelling

By Gene Krause on Mar 21, 2019 8:00:00 AM

Payment Aggregation, or Payment Facilitation (Payfac), allows a SaaS company to act as a master merchant for its users. The SaaS provider onboards its clients via a fairly non-intrusive application process, and this easy, fast onboarding makes it simple for the SaaS company’s users to begin accepting customer payments very quickly.

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6 min read

Payment Aggregation

By Wayne Akey on Mar 20, 2019 3:41:00 PM

Becoming a Payment Facilitator, Payment Service Provider [PSP] or Payment Aggregator. Being a Payment Facilitator can be thought of as being a Master Merchant, facilitating credit and debit card transactions for sub-merchants within your payment ecosystem. Becoming a PSP (also known as PayFac) lends itself well to some businesses that fall into the software provider classification. However, with the many advantages come some unique challenges. We’ll discuss both in this article.

Topics: White Papers
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Payment Aggregation

By Agile Payments News on Mar 20, 2019 2:20:00 PM

Becoming a Payment Facilitator, Payment Service Provider [PSP] or Payment Aggregator.

In Payment Aggregation, being a Payment Facilitator can be thought of as being a Master Merchant, facilitating credit and debit card transactions for sub-merchants within your payment ecosystem. Becoming a PSP (also known as PayFac) lends itself well to some businesses that fall into the software provider classification. However, with the many advantages come some unique challenges.

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3 min read

Checklist for Finding the Best Payment Aggregation Partner

By Gene Krause on Mar 20, 2019 2:16:00 PM

The number of SaaS companies looking into payment processing on behalf of their customers is growing rapidly. More and more companies are looking at Payment Aggregation | Payment Facilitation as an attractive option to provide a service that offers fast, easy onboarding for their customers and generate new revenue streams in the process.  

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3 min read

5 Things You Must Have To Become A Payment Aggregator in 2019

By Wayne Akey on Mar 20, 2019 2:14:00 PM

Payment aggregation or payment facilitation allows one entity, or master merchant, to process or facilitate payments on behalf of sub merchants.

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2 min read

What is a Managed PayFac?

By Coleman Akey on Mar 19, 2019 2:09:00 PM

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3 min read

Payment Facilitation: What Can Possibly Go Wrong?

By Wayne Akey on Mar 19, 2019 12:22:10 PM

For the SaaS provider, potential advantages in becoming a Payment Facilitator (aka Payment Aggregation) are compelling: payment facilitation drives ease of client onboarding and unlocks a new stream of revenue generation.

Topics: payfac
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2 min read

Why the Payment Facilitator Business Model is Compelling

By Wayne Akey on Mar 19, 2019 12:15:54 PM

Payment facilitation, or operating as a “PayFac” allows a SaaS company to act as a master merchant for its client base. The SaaS provider onboards clients via a non-intrusive application process -- making it simple for the user base to quickly begin accepting customer payments by credit card or ACH Payments [some providers offer].

Topics: payfac
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4 min read

3 Ways to Become an ACH PayFac

By Wayne Akey on Mar 19, 2019 12:14:48 PM

 

 

Topics: payfac
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4 min read

Payment Facilitation and MyEvent.com : An interview with Rob Hirscheimer

By Wayne Akey on Mar 19, 2019 12:14:04 PM

An interview with MyEvent.com. Early adopters of the PayFac business model MyEvent.com has successfully implemented payment facilitation and used it to grow their business and acquire new clients.

Topics: payfac
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4 min read

Payment Facilitation and Property Management SaaS applications

By Wayne Akey on Mar 19, 2019 12:13:30 PM

 

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5 min read

Why WePay is Wrong About PayFac ROI

By Gene Krause on Mar 19, 2019 12:12:42 PM

Recently, PYMNTS, a leading payments and commerce industry news site published a piece on PayFacs based on an interview with WePay co-founder Richard Aberman.

Hyperbole aside, we want to examine Mr. Aberman’s view and provide some balance to the conversation for companies exploring payment facilitation.

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3 min read

Two key ways Payment Facilitation can change your business. Why SaaS platforms should consider becoming a PayFac.

By Wayne Akey on Mar 19, 2019 12:12:04 PM

Payment facilitation, or PayFac allows a SaaS company to act as a master merchant for its client base. The SaaS provider onboards clients via a non-intrusive application process -- making it simple for the user base to quickly begin accepting customer payments by credit card.

Topics: payfac
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4 min read

So You Want To Be a Payfac? The Number One Question You MUST Ask

By Wayne Akey on Mar 19, 2019 12:10:44 PM

So you want to be a PayFac? The 1 question you must answer

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3 min read

Another Reason for SaaS platforms to become a PayFac or Payment Facilitator

By Wayne Akey on Mar 19, 2019 12:09:52 PM

We get frequent inquiries from SaaS platforms and start ups about becoming a PayFac or Payment Facilitator.

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2 min read

Managed Payfac Solutions

By Coleman Akey on Mar 19, 2019 12:08:41 PM

Businesses that are Payment Facilitators [Payfacs] are in essence Master Merchants that process credit and debit card transactions for their sub-merchants within their payment application.

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2 min read

Where are the ACH API Providers?

By Gene Krause on Mar 18, 2019 2:40:00 PM

ACH API Providers are organizations that provide an API for the purpose of integrating a software application to originate and manage ACH transactions. 

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3 min read

Is Frictionless Onboarding Worth the Risk?

By Wayne Akey on Mar 18, 2019 12:50:00 PM

If you’ve considered becoming a Payment Facilitator (PayFac) for your SaaS customer base, you’re familiar with the term “KYC,” or Know Your Customer. As the payment processing industry continues its trend of explosive growth, however, KYC might be more accurately termed “CYA.”

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4 min read

7 Must-Haves in a Payment Facilitation Partner

By Gene Krause on Mar 18, 2019 12:40:00 PM

As the idea of Payment Facilitation gains traction, more and more SaaS companies are exploring becoming a PayFac. Conceptually, it is an attractive feature to introduce: fast, easy, onboarding and new means of revenue generation. In fact, independent software vendors and SaaS companies are poised to generate $4.4 billion in revenue from payment processing alone by 2021.

There exists a number of issues that need consideration prior to becoming a Payment Facilitator or Payfac, however.  While the benefits of facilitation are clear, companies cannot overlook the essentials of selecting a facilitation partner. The nature of your partnership will be key in ensuring appropriate customer service, profit generation and risk or liability mitigation.

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3 min read

Looking to become a Payment Facilitator as an SaaS application?

By Wayne Akey on Mar 18, 2019 12:34:00 PM

Steps to becoming a Payment Facilitator are outlined below.

Topics: payfac
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9 min read

Why Every SaaS Platform Should Consider Becoming a PayFac

By Wayne Akey on Mar 18, 2019 12:31:00 PM

EXECUTIVE SUMMARY

SaaS platforms and Software vendors have a unique opportunity. Whether you already offer some type of payment collectionoption or have an application that has the potential to leverage payments there has never been a better time to explore your options.

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2 min read

3 Sure Signs that becoming a Payment Facilitator IS NOT for Your SaaS App

By Wayne Akey on Mar 18, 2019 12:24:00 PM

Payment facilitation or payment aggregation allows one entity, the master merchant, to process or facilitate payments for a base of sub-merchants. For SaaS providers these are typically application end users or customers.

Topics: payfac
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2 min read

Payfac Companies

By Wayne Akey on Mar 18, 2019 10:06:00 AM

Payment Facilitator Companies

A Payment Facilitator takes on the role of the  Master Merchant. The primary benefit to becoming a Payment Facilitator is that you can quickly and easily enroll your app users and enable processing of  credit, debit card and in some case ACH transactions .

As an example: A SaaS offers an invoicing solution eg QBooks. Businesses that want to leverage their invoicing solution complete a simple application and 15 minutes or so later they are approved and set up to accept customer payment. For our example let’s say the business name is “Best Landscapers”.  They applied and are now approved and ready to bill/invoice there customers using the QBooks platform.

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2 min read

Can an ACH API benefit your organization? 2019 Version

By Gene Krause on Feb 25, 2019 2:49:00 PM

ACH payments and disbursements aren’t new. ACH payments have been around since 1974, and by the end of 2016, the total volume of ACH processing exceeded $40 trillion. If you have made monthly AutoPay payments for your mortgage, paid a credit card bill or received salary as direct deposit, those transactions were via ACH.Any SaaS application that has a user base with recurring or subscription payments needs must include ACH payments as a payment rail option. In many cases ACH should be the defacto payment method for anything recurring. The simple fact is that ACH transactions have much lower processing costs than do credit card transactions. Further, credit card decline rates can cause havoc with recurring payments because of much higher decline rates. How the SaaS development team decides to manage recurring payments should be their choice. They may opt to utilize the ACH API’s recurring scheduling system or, manage the recurring schedule within their application.

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2 min read

Why an ACH Processing API? 2019 Guide

By Gene Krause on Feb 25, 2019 2:46:00 PM

For software applications that have an end-user base in a subscription model or include recurring transactions, an ACH Processing API is a must. Sure, few of these SaaS applications would want to discount the use of credit card processing because it's a commonly used payment modal, but being subscription based sets the application into an area of knowing their customer base much differently than some business that sells widgets on a one-time basis to consumers that might never revisit or occasionally purchase goods or services. Moreover, customers of these subscription based businesses more than likely rely on receiving their goods or services that the organization and SaaS provides.

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2 min read

What are your eCheck API requirements for 2019?

By Gene Krause on Feb 25, 2019 2:45:00 PM

If you're part of a SaaS dev team or a stakeholder and have determined that your application has a need for an eCheck API, have you defined your requirements?

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2 min read

ACH Payment API Requirement Considerations for 2019

By Gene Krause on Feb 25, 2019 2:44:00 PM

Many software applications have a need to accept payments, and many require the need to integrate payments functionality via an API. For some of these application organizations, integrating to a credit card API isn't enough and have a need to integrate to an ACH Payment API.

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2 min read

So You Need an ACH Transfer API - 2019

By Gene Krause on Feb 25, 2019 2:43:00 PM

What is an ACH Transfer API, anyway? Quite simply, it's an API that provides the ability for a software application to integrate ACH processing capabilities for the purpose of providing the application to originate, manage and report on the transfer of funds between bank accounts.

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2 min read

ACH API Provider 2019, what is needed?

By Gene Krause on Feb 25, 2019 2:42:00 PM

If your organization is looking to integrate ACH payment processing, you likely have compiled a list of what your requirements are that are needed from the ACH API Provider. Integrating organizations can differ greatly in their needs, so be sure to have your transaction flows documented.

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2 min read

ACH Processing API 2019

By Gene Krause on Feb 25, 2019 2:41:00 PM

An ACH Processing API transforms a software application into becoming an eCheck payment processing and management platform. Whether for the purpose of managing and distributing payroll, or collecting funds for customer subscriptions, integrating for ACH payments can be a powerful addition to an SaaS.

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2 min read

Considering an ACH Payments API in 2019

By Gene Krause on Feb 25, 2019 2:39:00 PM

Software organizations that serve a customer base having recurring payments can better position themselves by integrating to an ACH Payments API. There are many reasons this is true, but the underlying fact that allows this is that these type organizations have a customer base of a subscription nature and who know their customers well.

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1 min read

The Search for an API for ACH Payments 2019

By Gene Krause on Feb 25, 2019 2:39:00 PM

Organizations who serve a customer base that is of a recurring of subscription nature will at one time or another seek out an API for ACH Payments. It is these types of applications that benefit greatly from ACH transactions.

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2 min read

Recurring ACH API 2019

By Agile Payments on Feb 25, 2019 2:28:13 PM

Recurring ACH API For SAAS Platforms

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2 min read

ACH Transfer API - 2019 Guide

By Wayne Akey on Feb 25, 2019 2:26:53 PM

How can an ACH Transfer API help your business or SaaS?

An ACH Transfer API provides an additional payment option: Using the ACH network allows a business to debit or credit checking and savings accounts.

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3 min read

Does an ACH Integration Make Sense?

By Gene Krause on Feb 12, 2019 6:36:41 PM

Some applications are more favorably aligned with acceptance of eCheck (ACH) transactions than others. Applications that are proprietary and align themselves well with eCheck acceptance and only support their business can often start out with using an external transaction management tool for payment origination and management. On the other hand, applications that are used my multiple organizations or businesses are far less likely in being able to get by with utilizing an external payment management tool. Let's examine some key areas that factor in to whether and when an ACH Integration might make sense.

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3 min read

Top 5 New Apps and Their Future

By Amanda Peterson on Feb 11, 2019 10:37:03 AM

 

Even though 2019 is only two months old, there are many new apps available for both Android and Apple devices. From improvements in health to new tech assistants, these apps will be helpful now and into future.

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1 min read

ACH Check Validation Providers

By Coleman Akey on Jan 29, 2019 8:54:53 PM

The majority of the time payment rejects are accidents, and making customers go through the hassle of the sale process again will undoubtedly lead to a fraction of those sales being lost. By leveraging checking account verification tools businesses can reduce the chance of losing customers over simple data entry errors. Businesses that rely on future billing are especially vulnerable to bad check data, utilizing ACH Check Validation Providers can dramatically reduce bad check acceptance and the subsequent workflow problems.

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2 min read

P2P Payment Apps and Challenges

By Wayne Akey on Jan 29, 2019 12:14:30 PM

We receive regular inquiries from start-ups as well as established businesses that believe they have a killer app that can be the next Venmo or Zelle.

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3 min read

IVR Payments - Not Just For Inbound Calls

By Gene Krause on Jan 29, 2019 10:58:25 AM

Businesses that have employed Interactive Voice Response technologies for acceptance of payments are generally more familiar with an IVR solution that focuses on inbound calls. Inbound IVR Payments do a wonderful job at eliminating customer service time spent on the phone where they provide customers their invoice amounts and details about the receivables, then collecting payment information where they enter it into whatever payment origination software that they are using for processing. 

Topics: IVR Payments
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1 min read

Verifying Bank Account Ownership: Understanding your Options

By Coleman Akey on Jan 23, 2019 12:22:59 PM

Advances in the online payments sphere have now made it possible for businesses to verify bank account ownership. This real-time checking account verification can confirm that a consumer or business owns the account, and is authorized to transact.

Verifying Bank Account Ownership via an online application provides businesses with comprehensive, instantaneous insight into the person/business whose check payment the business wants to accept or enroll in a recurring billing plan.

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1 min read

ACH Check Validation

By Coleman Akey on Jan 15, 2019 6:04:50 PM

The ACH Check Validation Services allow merchants to reduce check acceptance risk at the point of sale (both online and in person). Available options include:

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2 min read

Payment Facilitation Problems: What you should know about potential funding issues

By Wayne Akey on Jan 8, 2019 2:14:17 PM

Payment Facilitation Problems: What you should know about potential funding issues

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2 min read

Payment Facilitator Provider

By Wayne Akey on Dec 18, 2018 12:26:29 PM

Payment Facilitator Provider

Payment Facilitators [Payfacs] act as Master Merchants that process credit and debit card transactions for their sub-merchants within their payment application. Typically a Payment Facilitator would be a software platform that serves a specific vertical market eg Event ticketing.

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2 min read

Payment Facilitating : What is it and can it help your SaaS platform

By Wayne Akey on Dec 13, 2018 10:44:35 AM

A Payment Facilitator or PayFac assumes the role of Master Merchant. Payment Facilitating allows the Master Merchant to quickly and easily onboard their sub merchants or in the case of a SaaS platform Payment Facilitating allows platform users to the ability to accept credit, debit card and in some case ACH transactions for participants in their payment ecosystem.

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2 min read

Checking Account Owner Authentication Service: How can it Help your Business?

By Coleman Akey on Dec 12, 2018 1:53:25 PM

 

The ability to verify checking account ownership is a pivotal element of reducing the risk of enrolling a new customer with potentially bad check information.

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2 min read

Bank Account Verification: Understanding Risk Mitigation Options

By Coleman Akey on Dec 6, 2018 4:52:08 PM

The ACH or electronic check world unfortunately lacks the authorization component present with credit cards, making Bank Account Verification a necessity for SaaS businesses looking to mitigate payment acceptance risks.

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1 min read

Is Payment Facilitation a Good Option For SAAS or Platform

By Wayne Akey on Dec 6, 2018 1:07:02 PM

Is Payment Facilitation a good option for your SAAS or Platform?

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2 min read

Bank Account Validation: Exploring Your Options

By Coleman Akey on Dec 4, 2018 4:33:53 PM

Bank Account Validation allows merchants to mitigate check acceptance risk at the point of sale by providing an opportunity to validate that an account is open and in good standing prior to the account being loaded into a recurring billing engine. This means that data entry errors, potentially closed accounts, or fraud can be caught before finalizing the sale.

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2 min read

Why a SAAS platform can become a Payment Facilitator but WILL NOT be the next Stripe

By Agile Payments on Dec 4, 2018 11:22:24 AM

Why a SAAS platform can become a Payment Facilitator but WILL NOT be the next Stripe

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4 min read

4 Common Payment Obstacles Facing the SaaS Industry

By Elisa Abbott on Dec 3, 2018 11:18:39 AM

 

The SaaS (Software-as-a-Service) companies/startups have popped up all around the world. They are bringing value to people’s lives simply through the product and that has become a true hallmark of modern times.

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3 min read

Payment Facilitator or Payments Partnership? Which option is the better fit for your SaaS

By Coleman Akey on Nov 9, 2018 3:52:11 PM


SaaS companies that offer payment processing solutions must decide whether of not become a Payment Facilitator or engaging in a Payments Partnership is the most viable solution for their business. Neither is 

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3 min read

Payment Facilitator Program

By Wayne Akey on Oct 26, 2018 2:14:43 PM

Payment Facilitator Programs

Payment Facilitators [Payfacs] are  Master Merchants that process credit and debit card transactions for their sub-merchants within their payment application.

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2 min read

Payment Facilitator Tools

By Wayne Akey on Oct 25, 2018 10:47:28 AM

Payment Facilitator Tools

A Payment Facilitator takes on the role of Master Merchant. This allows them to set up their application users to accept payments. The major benefit to becoming a Payment Facilitator is to quickly and easily onboard sub clients or SaaS platform users to facilitate credit, debit card  and in some case ACH transactions .

An example: A SaaS offers an business management solution for Yoga Studios. The software is call Yoga101.  Yoga 101 uses Payment Facilitator Tools to allow quick sign up and provide payout and compliance functionality.

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2 min read

Payment Facilitator versus Payment Processor

By Wayne Akey on Oct 23, 2018 8:45:24 AM

Payment Facilitator versus Payment Processor : What’s the Difference

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2 min read

Payment Facilitator Systems

By Wayne Akey on Oct 18, 2018 8:44:03 AM

Payment Facilitator Systems

A Payment Facilitator assumes the role of the  Master Merchant. The major benefit to becoming a Payment Facilitator is to quickly and easily onboard sub clients or SaaS platform users to facilitate credit, debit card  and in some case ACH transactions .

Let’s use an example: A SaaS offers an invoicing solution eg MyBooks. Businesses that want to leverage their invoicing solution complete a simple application and 15 minutes or so later they are approved and set up to accept customer payment. For our example let’s say the business name is “Best Landscapers”.  They applied and are now approved and ready to bill/invoice there customers using the MyBooks platform.

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2 min read

ACH Payment Gateway API

By Gene Krause on Oct 17, 2018 2:35:36 PM

While the ACH network is still a batch network, utilizing an ACH Payment Gateway API can do wonders for software applications in enhancing their capabilities by communicating with a real-time communication integration. Let's examine some of the modern communication tools available from these ACH gateways.

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3 min read

Payment Facilitation Providers

By Wayne Akey on Oct 17, 2018 2:09:48 PM

Payment Facilitator Provider: Who do you work to become a Payment Facilitator?

A Payment Facilitator or PayFac  acts as a the Master Merchant. The  Payment Facilitator role is to quickly and easily onboard their sub merchants or SaaS platform users to facilitate credit, debit card  and in some case ACH transactions for participants in their payment ecosystem. The Payment Facilitator is responsible for regulatory compliance and has financial risk of their sub-users.

In the past the only Payment Facilitator Provider offering was to become a  “True PayFac”. Becoming a true Payment Facilitator is expensive, time consuming and requires staffing to meet compliance and risk mitigation demands. In essence you become a payment business in addition to to your core SaaS offering.

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Account Verification System

By Coleman Akey on Oct 16, 2018 1:00:36 PM

Account Verification Systems confirm that a bank account is open and in good standing prior to the account being loaded into the billing engine. This means that data entry errors, potentially closed accounts, or even fraud can be caught before the sale’s confirmation.

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1 min read

Bank Account Verification Services

By Coleman Akey on Oct 15, 2018 11:53:37 PM

While authorization is a important aspect of the credit card sphere, the ACH realm lacks such an authorization component. When it comes to credit cards, a merchant knows they are getting paid at the point of sale because they can verify that the customer has the requisite funds on their cards at the time of payment. This reserves those funds for capture and settlement.

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2 min read

Verify Business Bank Account

By Coleman Akey on Oct 13, 2018 11:33:00 AM

Unlike the credit card arena, the ACH world lacks an authorization component. Essentially, a merchant knows they are getting paid at the point of sale because credit cards allow you to authorize at the time of payment that the customer has the requisite funds on their cards. This reserves those funds for capture and settlement.

Because the ACH world lacks the verification component present with credit card payments, knowing How to Verify a Business Bank Account is a priority for businesses in the ACH realm.

Many business compensate for this lack of authorization buy implementing a Checking Account Verification system to mitigate payment acceptance risk. Without an ACH Verification System obtaining your new customer’s valid checking account information can be a hassle.

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1 min read

Verify Funds

By Agile Payments on Oct 12, 2018 11:14:00 AM

Unlike credit cards, which can be authorized in real time, the ACH world lacks a real-time authorization component. Credit cards allow merchants to authorize a sale at the time of the payment, so the merchant will know that they are definitely getting paid. A business knows that their customer has the requisite funds on their card to make their payment in real time, and the funds are reserved.

So, we can see how credit cards are validated, but how can we Verify Funds for a checking account?

Understanding How to Verify Funds online is a merchant’s best bet to reduce check acceptance risks, and verification tools reduce payment acceptance risk by validating the customer’s bank account in real-time.

The validation process helps merchants lower their risks when accepting checks through the use of real-time verification tools. Most third party entities that offer Bank Account Validation services include negative databases, routing account number validation, and ATM networks.

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1 min read

IVR Phone Payment

By Wayne Akey on Oct 11, 2018 1:24:40 PM

IVR Phone Payments- 24/7/365 Automated Customer Payment Center

Topics: IVR Payments
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2 min read

Bank Account Validation

By Coleman Akey on Oct 11, 2018 10:16:00 AM

The ACH world lacks the authorization component that is present in the credit card sphere. Credit cards allow merchants to authorize a sale at the time of the payment, so the merchant will know that they are definitely getting paid. A business knows that their customer has the requisite funds on their card to make their payment in real time, and the funds are reserved.

So, we can see how credit cards are validated, but how does the Bank Account Validation process work?

Businesses adopt Bank Account Validation systems in order to mitigate the risk associated with payment, without these systems your customers will most likely be required to do significant work to obtain correct or valid bank account information.

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2 min read

IVR Billing

By Wayne Akey on Oct 10, 2018 12:04:34 PM

IVR Billing - 24/7/365 Automated Customer Payment Center

Topics: IVR Payments
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2 min read

How to Verify a Check is Good?

By Coleman Akey on Oct 10, 2018 10:11:14 AM

Checking Account Verification Services mitigate check acceptance risks at the point of sale, with verification options ranging from automated routing number check and negative database options, to near real-time inquiries into current checking account status.

How to verify a check is good:

Most checking account verification services utilize routing account number validation, which identifies the bank the check is drawn against. These databases can be checked in real time.

Negative databases are also often utilized. Based on positive and negative history of that checking account info, a report is generated regarding the account status. If the check is good or bad, a retailer can report that check status to the database. Many retailers contribute data to the network, so there are many millions of checking accounts to reference.

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2 min read

IVR Tokenization : PCI Compliance for IVR Payments

By Wayne Akey on Oct 9, 2018 10:18:40 AM

PCI Compliant IVR Tokenization Solutions – Interactive Voice Response for Phone Based Customer Payments

Credit card data is required to be handled in a PCI compliant manner. IVR Tokenization is the process that securely exchanges full credit card number for a non-sensitive replacement value in an IVR Payment Solution.

Topics: IVR Payments
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1 min read

How to Verify Bank Account Number Online

By Coleman Akey on Oct 9, 2018 9:53:38 AM

 

 

Most third party entities that offer a Checking Account Verification Service utilize routing account number validation and negative databases. The bank routing number identifies the bank the check is drawn against.

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2 min read

ACH Verification Process

By Coleman Akey on Oct 8, 2018 10:43:47 PM

 

Unlike the credit card realm, the ACH world lacks an authorization component. Essentially, a merchant knows they are getting paid at the point of sale because credit cards allow you to authorize at the time of payment that the customer has the requisite funds on their cards; thereby reserving those funds for capture and settlement.

So what is the ACH Verification Process?

The lack of the authorization present with credit cards leads some business to implement a Checking Account Verification system to mitigate payment acceptance risk. Without an ACH Verification System your new customer may require significant work to obtain correct or valid checking account information.

An ACH Verification Process helps merchants reduce risks associated with check acceptance at the point of sale, in person or online. Verification tools allow businesses to significantly reduce payment acceptance risk by validating the customer’s bank account in real-time.

Verification options range from negative databases and automated routing number checks to basically real-time inquiries into current account status and checking account balance inquiries.

How to verify a check is good?

Most third party entities that offer an ACH Verification Process include the most basic tools: routing account number validation and negative databases. The bank routing number identifies the bank the check is drawn against. The databases holding this information can be checked in real time. Negative databases exist as a history [both positive/negative] of checking account info. Many retailers contribute data to the network, but recency is an issue because the customer’s last written check at a participating retailer is the last data point. This means that data can be out of date.

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3 min read

IVR Gateway

By Wayne Akey on Oct 8, 2018 7:52:02 AM

PCI Compliant IVR Gateway Solutions – Interactive Voice Response for Phone Based Customer Payments

An IVR Gateway provides automated phone based payment acceptance solution for organizations.

Topics: IVR Payments
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2 min read

ACH Verification Process

By Coleman Akey on Oct 5, 2018 9:50:01 AM

Unlike the credit card realm, the ACH world lacks an authorization component.  Essentially, a merchant knows they are getting paid at the point of sale because credit cards allow you to authorize at the time of payment that the customer has the requisite funds on their cards; thereby reserving those funds for capture and settlement.  

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IVR Payment Software

By Wayne Akey on Oct 4, 2018 12:35:56 PM

IVR Payment Software: What are your options in your IVR Payment Solution search

IVR Payment  Software Solutions offer payment options that allow clients to pay bills or invoices via self service. Customers dial into a  phone and connect to an automated IVR system and interact via voice prompts, allowing customers them to pay amounts due without human interaction from the business side.

Topics: IVR Payments
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Best IVR Payment Systems

By Wayne Akey on Oct 3, 2018 7:29:00 AM

Best IVR Payment Systems: What to look for in your IVR Payment search

An IVR Payment Solution creates new customer option that allows customers to pay bills or invoices without involving business staff or resources. Customers dial into a  phone and connect to an automated IVR system that interacts via voice prompts with the caller, allowing them to pay amounts due without human interaction from the business side.

Topics: IVR Payments
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PCI IVR Payment Solution

By Wayne Akey on Oct 2, 2018 9:30:00 AM

 

Topics: IVR Payments
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3 min read

IVR Transactions

By Wayne Akey on Oct 1, 2018 9:31:31 AM

IVR Transactions: Interactive Voice Response for Inbound Customer Payment Transactions

IVR Transactions occur when customers call into an IVR Payment Solution.

Topics: IVR Payments
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2 min read

Bill Presentment Solutions

By Gene Krause on Sep 10, 2018 3:51:42 PM

The days of organizations mailing out invoices and billing statements to their customers are slowly but surely coming to an end. Technology is making sure of that. What's replacing snail-mailed billing statements? It's not just one particular service type, but near the top of the list would be Bill Presentment Solutions

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Why Electronic Bill Payment Services?

By Gene Krause on Aug 31, 2018 8:08:00 AM

As the populations ages and customers of a younger age become bill payers of businesses and organizations, the greater the need for payment remittance to be accomplished through electronic systems. Electronic Bill Payment Services is one such system that businesses should consider adopting. Here's why.

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Top 3 reasons your organization can benefit from  Electronic Bill Presentment Companies

By Gene Krause on Aug 30, 2018 3:49:36 PM

Businesses and organizations who rely on customer service agents to handle incoming calls for billing payment remittance are at the top of the list for those who can best benefit from adopting systems from Electronic Bill Presentment Companies. Let's examine some reasons why...

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3 min read

Top 5 Reasons to Utilize an Electronic Bill Presentment and Payment System

By Gene Krause on Aug 21, 2018 9:28:48 PM

Organizations who employ an electronic bill presentment and payment solution benefit in many ways. Here are a few of the most important reasons businesses choose to do so. Does your organization still rely on mailed-in or phoned-in payments? Let's dive into the EBPP option of becoming more efficient

 

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2 min read

Payment Gateway Integration Web Service

By Coleman Akey on Aug 3, 2018 4:23:57 PM

SAAS platforms and developers tend to make a decision on a payment gateway integration partner[s] without considering the potential for the partner to actually help grow their business.

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2 min read

SaaS Platform Payment Gateway Integration

By Wayne Akey on Aug 2, 2018 10:38:41 PM

Developers often have a bad habit of choosing their SaaS platform payment gateway integration partner[s] without considering the partner’s potential to grow one’s business.

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Payment Gateway Integration API

By Wayne Akey on Aug 1, 2018 3:24:55 PM

SAAS platforms and developers have a bad habit of choosing their payment gateway integration partner[s] without considering partner’s potential to actually help grow their business.

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2 min read

Credit Card Payment Gateway Integration

By Wayne Akey on Jul 31, 2018 11:28:24 PM

SAAS platforms and developers have a tendency to choose their credit card payment gateway integration partner[s] without considering what potential the partner has to actually help grow one’s business.

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2 min read

Payment Gateway Integration ACH

By Wayne Akey on Jul 30, 2018 1:28:04 PM

Many SAAS platforms and developers choose their payment gateway integration partner[s] without considering the potential for the partner to actually help grow their business.

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2 min read

Bank Account Verification API: What are your options?

By Coleman Akey on Jul 26, 2018 4:16:52 PM

The ACH or electronic check world lacks the authorization component present with credit cards.

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2 min read

ACH Validation: Understanding Your Options

By Coleman Akey on Jul 25, 2018 1:33:00 PM

The ACH or electronic check world lacks the authorization component present with credit cards.

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2 min read

Bank Account Verification Web Service: Understanding Your Options

By Agile Payments on Jul 24, 2018 3:45:00 PM

The ACH or electronic check world lacks the authorization component present with credit cards.

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2 min read

Bank Account Verification Online: What are your options?

By Agile Payments on Jul 23, 2018 1:18:14 PM

The ACH or electronic check world lacks the authorization component present with credit cards.

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2 min read

Instant Checking Account Owner Authentication

By Coleman Akey on Jul 19, 2018 12:34:45 PM

Instant Checking Account Owner Authentication Service: Understanding Your Options

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Real Time Checking Account Owner Authentication Service

By Coleman Akey on Jul 18, 2018 3:56:37 PM

Real Time Account Owner Authentication Service: Moving Beyond Check Verification Services

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AOA Service

By Coleman Akey on Jul 17, 2018 3:35:18 PM

Checking Account Owner Authentication Service: Looking Beyond “Account is Open and in Good Standing”Check Verification Services

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Checking Account Ownership Systems

By Coleman Akey on Jul 16, 2018 9:34:07 AM

Checking Account Owner Authentication Service Systems: What are your Options?

Checking Account Owner Authentication Service Systems (AOA) provide businesses with fraud mitigation tools that provide instantaneous insight about the person or business whose check payment you want to accept or enroll in a recurring billing plan.

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3 min read

The Single Most Important Benefit of ACH Integration for SaaS with Recurring Payments

By Gene Krause on Jun 29, 2018 1:10:20 PM

Lower processing fees

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What does a successful ACH integration look like?

By Gene Krause on Jun 22, 2018 2:01:27 PM

While a successful ACH API integration largely depends on the business and their requirements itself, there are a few things that cross the requirement boundaries and apply to most all ACH integration needs.

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2 min read

IVR Payments, now with Canadian EFT

By Gene Krause on Jun 20, 2018 1:25:37 PM

Agile Payments has been providing IVR payment solutions to the U.S. market for quite a while. Canadian companies have also been able to utilize IVR payments from Agile Payments for the same time period except for one small problem; they haven't been able to utilize the eCheck (eCheque) payment rail. Canadian businesses and organizations can now enjoy the same benefits that U.S. companies have been benefitting from in utilizing the ACH network. In Canada it is referred to as the EFT network. 

Using an Electronic Funds Transfer Canada Solution can save significant time and money while offering customers a new payment option.

Topics: IVR Payments
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3 min read

Will your company benefit from an ACH integration?

By Gene Krause on Jun 19, 2018 12:00:44 PM

Answering that question is largely dependent on what type of business you are and what the business model is. If your business or application is one that is subscription based or has a recurring payments component, then yes; there are a number of benefits to providing ACH payments as an option. Let's take a look at some of the benefits of an ACH Integration:

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3 min read

Instant Checking Account Verification

By Agile Payments on Jun 18, 2018 2:27:55 PM

Instant Checking Account Verification Tools allow businesses the ability to significantly reduce check acceptance at the point of sale.

For businesses that onboard or enroll a new customer in a recurring or subscription based billing environment the ability to instantly confirm checking account data is valid and that the customer has an active bank account eliminates considerable admin burdens that arise from enrolling bad checking account data.

The ACH or electronic check world does not have the authorization component present with credit cards. When processing a credit card you are able to ascertain at the time of payment that the customer has the requisite funds on their card and in turn reserve those funds for capture and settlement. In essence-You know you are getting paid.

For many businesses no authorization component means that aaInstat Checking Account Verification system is needed to mitigate payment acceptance risk.

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3 min read

Checking Account Verification Companies

By Agile Payments on Jun 11, 2018 10:40:02 AM

Checking Account Verification Companies offer tools that enable businesses to verify a checking account is open and in good standing. This service can typically be run in real-time or batch mode.

Businesses that enroll or onboard a new customer in a recurring or subscription based billing environment need to be able to confirm checking account data is accurate and that the customer has a bank account that is both open and in good standing. Checking Account Verification eliminates considerable admin burdens that arise onboarding a new client with non billable data.

Service levels differ with some Checking Account Verification Companies offering basic routing # validation ( bank routing number) to negative database checks. These provide some level of risk mitigation but more insight is available including the ability in real-time to validate the account is open and in good standing. It is important to note a balance inquiry is only possible when the consumer provides credentials that allow access to their specific online banking system.

The ECheck or electronic check world does not have the authorization component present with credit cards. When processing a credit card you are able to ascertain at the time of payment that the customer has the requisite funds on their card and in turn reserve those funds for capture and settlement. In essence-You know you are getting paid.

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3 min read

ECheck Verification Tools

By Agile Payments on Jun 5, 2018 8:52:54 AM

The payments landscape in 2019 requires SaaS applications to utilize sophisticated check acceptance risk mitigation tools.

ECheck Verification Systems and Tools allow a business the ability to significantly reduce check acceptance risk especially in a non face to face environment.

Businesses that enroll or onboard a new customer in a recurring or subscription based billing environment need to be able to confirm checking account data is accurate. and that the customer has a active bank account eliminates considerable admin burdens that arise onboarding a new client with non billable data.

The ECheck or electronic check world does not have the authorization component present with credit cards. When processing a credit card you are able to ascertain at the time of payment that the customer has the requisite funds on their card and in turn reserve those funds for capture and settlement. In essence-You know you are getting paid.

For many businesses no authorization component means that a a ECheck Verification system is needed to mitigate payment acceptance risk.

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Benefits of IVR start with reducing expenses

By Gene Krause on May 30, 2018 11:53:10 AM

Interactive voice response technology allows humans to interact with computers, effectively replacing a human on one side of the equation. A company's customers can utilize this technology for paying invoices or amounts due without the need for a human customer service agent to be on the phone from the company's side. IVR payments technology doesn't take vacation days and doesn't call in sick. It's working all the time, 24/7. While there's a cost to implementing IVR for payment remittance, it's far less expensive than human customer service agents staffing those calls. That's where the first benefit is found; reducing customer service expenses in collecting receivables, which leads to a healthier bottom-line.

Topics: IVR Payments
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3 min read

Real-time Checking Account Verification

By Agile Payments on May 29, 2018 8:40:12 AM

Real-time Checking Account Verification Tools allow a business the ability to significantly reduce check acceptance at the point of sale.

For businesses that enroll or onboard a new customer in a recurring or subscription based billing environment being able to confirm checking account data is good and that the customer has a active bank account eliminates considerable admin burdens that arise onboarding a new client with non billable data.

The ACH or electronic check world does not have the authorization component present with credit cards. When processing a credit card you are able to ascertain at the time of payment that the customer has the requisite funds on their card and in turn reserve those funds for capture and settlement. In essence-You know you are getting paid.

For many businesses no authorization component means that a Real-time Checking Account Verification system is needed to mitigate payment acceptance risk.

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2 min read

Are Service Fees possible with IVR Payments and should you use?

By Gene Krause on May 22, 2018 5:36:13 PM

When an organization is employing IVR Payments, there are two payment modals commonly used; Credit cards (including debit cars) and ACH payments. ACH payments (aka, eChecks) don't have any NACHA restrictions on service fees, which are also known as convenience fees or surcharges. Credit cards are a bit trickier. More on that later.

Topics: IVR Payments
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3 min read

Checking Account Verification Tools

By Agile Payments on May 21, 2018 10:40:36 AM

Checking Account Verification Tools: Reduce payment risk from check acceptance

Checking Account Verification Tools offer businesses the ability to reduce check acceptance risk at the point of sale, in person or in an online environment. Checking account verification tools range from an automated routing number check to negative database inquiries options to near real-time insight into current checking account status. Checking account balance validation is possible but this requires either the customer to log-in or provide credentials to their online banking system.

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3 min read

Checking Account Verification Systems

By Agile Payments on May 15, 2018 9:33:13 AM

Checking Account Verification Systems

The ACH or echeck world does not have an authorization component as with credit cards. When processing credit cards you are able to authorize at the time of payment that the customer has the funds available on their cards. Most importantly you are able to reserve those funds for capture and settlement. So you know you are getting paid at the point of sale.

For some businesses this lack of an authorization means that a Checking Account Verification system to mitigate payment acceptance risk must be put in place.

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2 min read

Can Your Company Benefit From Implementing an IVR System?

By Gene Krause on Apr 30, 2018 5:05:22 PM

Interactive Voice Response systems have been around for a while now - and they have improved greatly from the early days of operation. No longer do companies have to worry about inaccuraccies and slow processing times with IVR technology. The robust IVR systems of today have lead more and more companies to adopt Interactive Voice Response (IVR) for various customer service related needs.

Topics: IVR Payments
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3 min read

ACH Payment Processing (eChecks) with IVR Payments

By Gene Krause on Apr 16, 2018 12:11:05 PM

IVR Payments and ACH Processing

Will accepting ACH via IVR Payments improve your receivables? Organizations and businesses who invoice their customers are always looking for efficiency and reduction of costs associated with receivables. Many times this means exploring various payment channels that could be employed. There are a number of different payment channels, and also subsets of the payment channels that are created using today's technology that offer added value to both merchant organizations and their customers.

Topics: IVR Payments
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4 min read

Loan Payments Automation | Reducing a Credit Union's Customer Service Workload

By Gene Krause on Feb 20, 2018 4:42:06 PM

Here at Agile Payments, we have been working with credit unions for a long time. Some for partnerships in enabling their client base with merchant processing solutions or solutions like direct deposit payroll for internal use. Not too long ago a credit union client came to us with some specific needs; mainly reducing the amount of time that their customer service reps spend in taking payments over the phone and replacing what was a difficult to use website payment system.

Topics: IVR Payments
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The amazing growth of Fintech

By Gene Krause on Jan 29, 2018 10:09:58 AM

 

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6 min read

Agile Payments Interview with Agree.com founder David Jay and how Payments have played a crucial role

By Agile Payments on Jan 10, 2018 8:40:37 AM

 

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Topics: payfac
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6 min read

Agile Payments Interview with Online Contract Platform Agree.com Founder David Jay

By Agile Payments on Dec 6, 2017 9:05:42 AM

 

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4 min read

Understanding Payment Card Industry Compliance

By Gene Krause on May 15, 2017 9:00:00 AM

If you’re a SaaS provider considering becoming a credit card Payment Aggregator, or Payment Facilitator (Payfac) as a way to boost your bottom line by providing additional services to users of your application, you’re not alone.

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3 min read

Why an ACH option is a Must-Have for Recurring Billing

By Wayne Akey on May 11, 2017 9:00:00 AM

Payment collection is generally considered the most important business task and the most dreaded. A recurring billing solution is a fantastic tool to ease the burdens associated with payment collection by making your SaaS application user’s business life easier and more profitable.

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SaaS Payment Gateway Integration: Is your Payment Gateway a Partner or a One-Way Street?

By Gene Krause on May 4, 2017 9:00:00 AM

I have a good friend that makes me laugh a lot. When we talk about someone that seems to only take and gives little value, he says, “Yeah, they name streets after that guy — one way.”

Topics: SaaS Chatter
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3 min read

ACH Aggregation Options for the SaaS Platform Provider

By Gene Krause on Apr 27, 2017 9:00:00 AM

Payment Aggregation, or Payment Facilitation (Payfac) offers SaaS companies the ability to provide another layer of service to their users by acting as a Master Merchant for ACH payment processing. For tech-savvy SaaS platforms that have the resources to deal with compliance and risk mitigation issues on behalf of their users, Payfac is an attractive option.

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2 min read

5 Ways SaaS Providers Can Leverage Partnerships for Growth

By Wayne Akey on Apr 24, 2017 9:00:00 AM

If you were to make a list of the top 10 SaaS providers in the market today and in turn list what makes them so successful, having business partnerships would certainly be a common trait among them.

Topics: SaaS Chatter
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4 min read

Reducing Credit Card Declines With Proactive & Reactive Outreach

By Wayne Akey on Apr 17, 2017 8:00:00 AM

If you’re a business owner, you know how frustrating it can be to wait to collect on payments. Accepting credit cards is meant to ease some of that frustration with faster acceptance and payment from customers.

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3 min read

Saas Payment Processing: Two Powerful Ways to Create Massive Profit Growth

By Wayne Akey on Apr 13, 2017 9:00:00 AM

"Give me a lever long enough and a fulcrum on which to place it, and I shall move the world." - Archimedes

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3 min read

SaaS Payments: To Stripe or Not to Stripe

By Gene Krause on Apr 10, 2017 8:00:00 AM

Software as a Service providers (SaaS) have many options when it comes to addressing payment-processing needs. Stripe is a fairly new player in the payments space, but one that has quickly established itself as a  preferred platform for developers.

Topics: SaaS Chatter
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3 min read

Minimize Credit Card Declines using the Credit Card Recurring Indicator

By Wayne Akey on Apr 3, 2017 2:30:00 PM

Payment collection is vital for merchants relying on subscriptions and recurring billing. Unfortunately, credit card decline rates present a serious challenge when processing recurring payments. Declines can result from fraud, reissued cards, the switch to EMV cards, as well lost and stolen cards. Regardless of the cause, these declined cards present problems for billers. Minimizing credit card declineshas become masively important.

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4 min read

SaaS Payment Processing: What are your options?

By Gene Krause on Mar 8, 2017 3:22:27 PM

Software as a Service (SaaS) applications payment needs typically need a shopping cart / payment checkout or the ability to manage recurring or subscription payments. Both present challenges and opportunities for the SaaS platform but our focus will be on the recurring payment functionality.

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7 min read

Cracking The SaaS Sales Marketing Code

By Gene Krause on Jan 31, 2017 10:04:57 PM

It’s a new year and 2017 is bound to bring more surprises than any of us could imagine. The goal is not to take you down an exhaustive road of enumeration, but to reexamine the SaaS sales themes we should be focusing on in 2017. The bad thing about information surge is that good ideas and plans can get buried. Keep your focus on what is important.

Topics: Blog
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6 min read

Cracking The SaaS Sales Marketing Code

By Agile Payments News on Jan 31, 2017 10:10:40 AM

It’s a new year and 2017 is bound to bring more surprises than any of us could imagine. The goal is not to take you down an exhaustive road of enumeration, but to reexamine the SaaS sales themes we should be focusing on in 2017.

Topics: Blog
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10 min read

Top SaaS Bloggers in 2017

By Gene Krause on Jan 17, 2017 11:00:55 PM

There are many top SaaS bloggers that are making an impact. They’re smart, informed, and they have a handle on the SaaS market. There are varying forecasts estimating the size of the SaaS market. One thing everyone believes is that SaaS markets are going to expand in 2017.

Topics: Blog
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11 min read

How to Grow Your SaaS Business Using Facebook Insights

By Gene Krause on Jan 3, 2017 10:14:37 PM

Have you heard the one about the guy who walks into the bar with his pet baby chimpanzee? Well the way I heard it goes something like this...

Topics: Blog
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13 min read

27 SaaS Online Marketing Tools to Use In 2017

By Gene Krause on Dec 20, 2016 10:58:19 AM

What did the elephant say to the naked man? Hey, that's cute but can you breathe through it? Silly right? Isn't that how we all feel whenever a tech peddler asks us to demo one of their new online marketing tools?

Topics: Blog
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12 min read

Marketing Your SaaS Business for Dirt Cheap

By Gene Krause on Dec 6, 2016 10:45:13 AM

As an SaaS provider, there’s a strong likelihood that you may not have the same marketing budget as large competitors. Duh, right? Sound too good to be true? I assure you it isn't.

Topics: Blog
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10 min read

LinkedIn SaaS - Tips On How To Build A Free Publicity Campaign

By Gene Krause on Nov 22, 2016 9:10:33 PM

If you're looking to set up a kick butt LinkedIn SaaS business publicity campaign, here's the place to get all of your intel. Have you noticed how many journalists, reporters, and bloggers have accounts on LinkedIn? Talk about a bonanza of ink slingers!

Topics: Blog
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8 min read

Pinterest Marketing Strategy Tips for Your SaaS

By Gene Krause on Nov 7, 2016 9:46:45 PM

If you’re not using a Pinterest marketing strategy you could be missing out. Pinterest is an extraordinary popular site because of its ability to communicate visually. Marketing with Pinterest matters, and there are reasons why.

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3 min read

 Credit Card Declines - What can be done to reduce decline rates?

By Agile Payments News on Oct 31, 2016 11:50:47 AM

Reducing Credit Card Declinesplays an importnat roles in every businesses profitability.. 

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7 min read

Instagram for Business Marketing: Tips to Pulling It Off

By Gene Krause on Oct 24, 2016 7:01:57 PM

Instagram for business marketing is no longer reserved to clothing lines. Instagram is a free social network and online program that enables users to share, edit and take photos. Users can connect through email, Instagram's platform, or other popular social media sites. Instagram is all about taking photos and sharing them.

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7 min read

Top SaaS Challenges and Mistakes

By Gene Krause on Oct 11, 2016 9:20:57 PM

Not conquering SaaS challenges can take some startup companies down. There are some companies rooted in the SaaS 1.0 era that didn’t make the cut. They had to develop their own delivery capabilities, software development resources, and company architecture. They didn’t have the benefits of companies starting today. Companies now can leverage services and computing power from companies like Salesforce.com and Amazon.com.

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6 min read

Top SaaS Success Stories in 2016

By Gene Krause on Sep 28, 2016 8:19:21 PM

SaaS companies distribute software and make it available to customers over the Internet. Cloud-computing technology is at the core of what makes things move. As SaaS becomes more popular, more companies will get on board in favor of this type of business model.

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8 min read

The Ultimate Guide to SaaS Marketing Tools

By Gene Krause on Sep 13, 2016 10:19:02 PM

Marketing for any business can be a challenge and marketing for something that has no physical presence can be extremely difficult. The same goes for marketing anything that constantly changes for marketing anything that deals with B2B. Finding the right SaaS marketing tools goes a long way towards making sure you succeed.

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6 min read

How to Win at SaaS Lead Nurturing

By Gene Krause on Aug 30, 2016 7:36:28 PM

When it comes to any SaaS company, SaaS lead nurturing should be an integral part of the company’s success strategy. If not, then it is virtually impossible to build customer relationships across multiple channels any other way. SaaS companies, especially, wrestle with the reality that customers do not materialize overnight.

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7 min read

7 Simple Steps to an Effective SaaS Conversion Rate Optimization Strategy

By Gene Krause on Aug 15, 2016 10:29:51 PM

If you’re at the helm of an SaaS company, you know how important it is to make sure that prospects becoming customers—and that they remain with your program for the duration. Thus, there are a number of valid reasons why you should pay close attention to conversion rate optimization.

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7 min read

12 Best SaaS Resources to Help Your Business Today

By Gene Krause on Aug 6, 2016 5:25:25 PM

SaaS is a challenging enterprise for even the best of marketers to say the least. VC funding rounds, acquisitions, and marketing all play an important role in whether the company will survive or crash and burn. The biggest challenge for SaaS business owners is that many try and run their company just like any other venture. Within a short time, they realize that breaking even or even gaining traction seems impossible.

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5 min read

Warning: These 9 Mistakes Will Destroy Your SaaS

By Gene Krause on Jul 25, 2016 2:38:22 PM

SaaS is a different animal, and there is a proliferation of SaaS companies in the marketplace where many have a role in delivering SaaS. This means there will always be hurdles for any one company to overcome in providing rapid resolutions when customer issues surface.

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7 min read

How Much Do SaaS Companies Spend on Marketing?

By Gene Krause on Jul 12, 2016 10:17:07 AM

SaaS company spends will vary, because the service/business model is different from a normal business model. SaaS companies are always under extreme pressure to grow recurring revenues. The company’s goal is to pay itself back for the cost of acquisition, and before churn catches up.

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7 min read

9 Best SaaS Business Software Management Solutions

By Gene Krause on Jun 20, 2016 11:06:10 PM

When you speak of software management solutions, you can find focus and solutions with SaaS business software. Specifically, look for software that helps ensure Customer Success Management.

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5 min read

5 Scary SaaS Marketing Stats Worth Paying Attention To

By Gene Krause on Jun 14, 2016 11:17:35 PM

Think Inbound Marketing Is the Final Answer to SaaS Success? Think Again!

Inbound marketing places focus on customer awareness, consideration, and all the decision-making stages they go through.
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6 min read

Capturing Global Markets with Your SaaS Products and Services

By Gene Krause on Jun 1, 2016 5:47:51 PM

When you consider that SaaS companies are shifting toward cloud-based operations, they are all global by nature. A great thing about SaaS is that it dissolves international and geographic borders as if they don't exist.

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7 min read

What SaaS Providers Need to Know About Sales Compensation

By Gene Krause on May 20, 2016 11:54:58 PM

At some point, everyone needs to get paid. This also applies to the folks who work hard selling SaaS subscriptions. This can present a challenge for the business owner. Unlike a traditional sales job, the sale doesn’t necessarily end when a customer signs the contract. In SaaS, the goal is to retain customers for the long haul. This is the only way to maximize revenue. When companies take care of their customers, compensation will follow.

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7 min read

SaaS Company Accounting Pitfalls to Avoid

By Gene Krause on May 12, 2016 8:39:00 PM

SaaS companies are a unique bunch. Traditional enterprises enjoy the benefits of having customers pay up front for the cost of server software installation. On the other hand, SaaS companies must convince customers to rent software that’s cloud-hosted. The system operates on a pay-as-you-go setup.

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6 min read

How Important is Content Marketing to Your SaaS?

By Gene Krause on Apr 25, 2016 7:19:57 PM

Today, many SaaS companies take pride in tech proficiency, so when content marketing is mentioned, they almost completely ignore the concept. During the preliminary stages, most SaaS companies think that features are the major determining factor for success or failure. They also believe that the right set of features is all that is needed to hook potential prospects and make them stay loyal to the brand. However, the reality couldn’t be further from the truth.

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6 min read

21 Tested SaaS Product Marketing Methods Guaranteed to Get Results

By Gene Krause on Apr 12, 2016 9:07:24 AM

Software as a Service, or SaaS, marketing can be competitive. Which shouldn't come as kind of surprise to you. You're not the type to let a little stiff competition stand between you and the success of your SaaS? Good. The 21 tips that follow will help you jump ahead of your competition for good once you implement them.

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8 min read

Six Great Articles about SaaS Marketing

By Gene Krause on Apr 8, 2016 11:07:45 AM

If you are running a SaaS (Software as a Service) business you are always looking for good advice that can propel your business forward. Here are summaries of six articles that provide solid useful advice on SaaS marketing strategy and SaaS marketing metrics that you can use. If you want to read them more fully, follow the link at the end of each summary.

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4 min read

Lifetime Customer Value: Your Secret Weapon and MVM

By Wayne Akey on Apr 6, 2016 7:49:56 AM

Lifetime Customer Value

For companies that bill their customers on a monthly basis there is one metric that guides all of your marketing/sales efforts. Knowing Lifetime Customer Value [LCV] is like having a Secret Weapon in your battle for customer acquisition.

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1 min read

Why the World Would End Without SaaS Marketing

By Gene Krause on Mar 22, 2016 5:07:32 PM

Sure in-house IT has worked for us and may still have its place in some environments. However, with all the start-ups popping up, a solution was necessary to meet the demands of businesses in need of a more efficient way to manage software. SaaS is shaping up to be the leading trend for software-driven operations in the years to come. As cloud software increases its flexibility, offering more scalability and less overhead, companies may be ditching traditional hosting in favor of SaaS.

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7 min read

8 Ways to Become the MacGyver of Saas Marketing

By Gene Krause on Mar 21, 2016 10:29:18 AM

MacGyver had a knack for finding a quick solution to an immediate problem. It's this same frame of mind that's required to meet the needs of potential customers you hope to reach through SaaS marketing. An effective SaaS marketing strategy is one based on an understanding to the typical SaaS marketing funnel that's also built on trust established through productive lead generation, careful monitoring of SaaS marketing metrics, and the creation of meaningful customer partnerships.

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1 min read

13 BS Facts About SaaS Marketing Everyone Thinks Are True

By Gene Krause on Mar 17, 2016 6:27:45 PM

The old adage is definitely true—a lie told often enough becomes the truth. Of course, we've all had this experience before, often discovering that some of the "facts" we were taught in elementary school are not true. However, this phenomenon is not necessarily something that just occurs in childhood. 

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10 min read

How To Market Your SaaS On LinkedIn With Style

By Gene Krause on Mar 3, 2016 10:07:57 PM

In today’s SaaS world, personal branding is everything. A strong, optimized LinkedIn profile can brand you as a professional in the eyes of the world. Your profile provides the perfect opportunity to share your accomplishments and showcase endorsements. 

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1 min read

Sales and Marketing Predictions for 2016

By Gene Krause on Feb 29, 2016 9:55:29 PM

The strategies that you use for creating lasting client relationships must involve more than understanding individual customers based on their buyer types and known and unknown personal-, business- and/or industry-related needs. We believe that it is equally important that business owners and their representatives have accurate knowledge about current and emerging sales and marketing trends. 

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7 min read

Use These Tips To Beat Churn In Your SaaS

By Gene Krause on Feb 24, 2016 4:15:56 PM

Many SaaS companies have difficulty attracting new customers. Despite the fact that many of them receive a healthy number of new signups, they have difficulty converting the signups into active users. When you run a SaaS company, there are a few major goals that you should strive to accomplish.

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8 min read

How To Use Email Drip Campaigns To Improve Churn

By Gene Krause on Feb 12, 2016 8:56:57 PM

Let’s be honest, there’s no such thing as too many users, but there definitely is such a thing as not enough users. So, are you getting enough of them? How are you going about getting them? When you look at a lot of the companies that are offering software as a service, it seems like the majority of them are going about getting users the same way.

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2 min read

How To Sell Your SaaS With Influencer Marketing [Infographic]

By Gene Krause on Feb 2, 2016 2:43:47 PM

Increase SasS sales in 2016 with new web-base marketing techniques. Embrace the intimate audience social media brings as you continue to expand your customer base in the coming years. The world has moved online and you should make your name known. One key technique to facilitate this growth is incorporating an Influencer.

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1 min read

Sell More Of Your SaaS Product In 2016 [Infographic]

By Gene Krause on Jan 25, 2016 11:12:58 PM

So how ready are you to crush your product sales numbers in 2016? Since it's the beginning of a new year we'd like to help get you started in the right direction towards making that happen. Most of the SaaS providers we provide payment gateway solutions to are forever testing new ways to increase their sales.

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7 min read

Five Simple Inbound Marketing Steps To Promote Your SaaS

By Gene Krause on Jan 20, 2016 10:40:48 AM

In general terms, inbound marketing is about leading people to your website from other areas across the Internet. The attraction is the key to this method of online advertising, but often marketers resort to interruptive technologies like banners and popup ads, cold-calling, and email campaigns. 

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7 min read

Why You Should Be Measuring Metrics In Your SaaS Business

By Gene Krause on Jan 14, 2016 12:22:31 PM

Metrics driven business models are the wave of the future. However, many early adopters of the metrics-driven method have limited themselves to only measuring the metrics that they feel are the most important. In some cases, they may have actually been limiting the usefulness of their data by not gathering enough information about the total picture.

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7 min read

Building Your SaaS Business from the Ground Up Through Effective Networking

By Wayne Akey on Jan 10, 2016 5:14:22 PM

While IT, and SaaS specifically, are booming industries right now, it is easy to get dazzled by the possibilities and miss out on the important building blocks of an effective marketing strategy.

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7 min read

Getting the Most Out of Content Marketing for Your SaaS

By Gene Krause on Dec 26, 2015 4:30:33 PM

Content marketing can be an extremely valuable strategy for SaaS companies. It's one of the best ways to get qualified leads for your business. It can also be a powerful way to build your brand. Content marketing is a chance for you to get your message across in a way that's helpful and educational.

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8 min read

Powerful SaaS Tools That Every Startup Needs to Consider

By Gene Krause on Dec 14, 2015 9:02:34 PM

As many as 310 adults out of 100,000 start new businesses every month. While that percentage may seem small, incremental at best, it is an important and welcomed sign of business activity. The fact remains that unemployment, wage growth, and productivity are driven by new entrepreneurial activities.

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8 min read

The Past, Present, and Future of SaaS

By Gene Krause on Dec 11, 2015 4:28:39 PM

Software-as-a-service, also termed SaaS, isn’t exactly new, but it is quickly growing in popularity as the best way for businesses to access important applications.

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5 min read

Minimize Credit Card Decline Rates

By Agile Payments News on Dec 3, 2015 5:54:55 AM

Minimizing Credit Card processing decline rates: The dirty secrets [and what to do about them]

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7 min read

Hacking Your SaaS Enterprise All the Way to Success

By Gene Krause on Nov 16, 2015 3:13:12 PM

Are you familiar with the concept of hacking? It’s interesting how the word “hack” has changed over time. The one thing that has remained intact is its core meaning. When something is hacked, its secrets are revealed.

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7 min read

What Every SaaS Marketer Should Know About Inbound Marketing

By Wayne Akey on Nov 14, 2015 7:29:38 PM

If you’re an SaaS marketer or service provider and you’re looking to create a viable inbound marketing budget, you’re in for a big surprise if you’re hoping to follow present-day conventional marketing methods.

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7 min read

Tips For Setting Up Your SaaS Marketing Plan

By Gene Krause on Nov 6, 2015 9:50:19 PM

Greg Lemond, Tour de France winner, once said that the tour doesn't get any easier, you just move faster. The same is possibly true when transitioning from the product market to the SaaS company growth stage.

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1 min read

19 SaaS Buzzwords You Should Know [Infographic]

By Gene Krause on Nov 6, 2015 2:36:13 PM

How up are you on the latest buzzwords floating around SaaS these days? Just in case you're a little rusty on them, we put together this infographic for you that shares the definitions from 19 of the most important buzzwords in SaaS.

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7 min read

SaaS Companies That Used Unorthodox Advertisement Methods

By Gene Krause on Oct 20, 2015 1:36:52 PM

Every good story needs to have an interesting plot full of unexpected twists and turns. Most people would be surprised to hear some of the stories that SaaS companies have gone through to get to their successful positions today.

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5 min read

12 KPIs Your SaaS Company Should Be Tracking

By Gene Krause on Oct 10, 2015 10:43:33 PM

Wondering what key performance indicators your SaaS company should be tracking? Like I mentioned in past posts, we provide payment gateways for SaaS providers here at Agile Payments so I get a lot of opportunities to speak with SaaS executives every day.

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6 min read

Here's 9 SaaS Bloggers You Should Be Following

By Gene Krause on Oct 3, 2015 6:13:40 PM

Looking for a great Software as a Service blogger you can turn to for the information you need to make your own SaaS more profitable?

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8 min read

How to Figure Out the Match Behind SaaS Valuation

By Gene Krause on Sep 17, 2015 5:47:20 AM

SaaS startups are catching fire lately. However, SaaS poses particular challenges when it comes to valuation and marketing forecasts.

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9 min read

Effective Ways to Market Your SaaS Product

By Gene Krause on Sep 10, 2015 7:38:05 PM

Successful SaaS marketing, whether you’re new to the game or a seasoned professional, is an ongoing process. Many SaaS companies manage to land qualified customers, only to lose them in the first 90 days.

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9 min read

The Benefits of Using LinkedIn to Grow Your SaaS Company

By Gene Krause on Aug 27, 2015 8:08:59 PM

Let's face it...Finding new customers for your SaaS isn't the easiest job in the world. There are always better ways to find customers. So stop doing it the hard way!

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9 min read

Overcoming the Top 5 Objections to SaaS

By Gene Krause on Aug 18, 2015 6:37:41 AM

So you wanna hear the good news or the bad news first regarding your SaaS service? Software as a service, SaaS or "cloud services," are as common as peanut butter and jelly sandwiches anymore.

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9 min read

How To Use Basic Cohort Analysis To Increase SaaS Sales

By Gene Krause on Aug 6, 2015 7:42:10 AM

What does it take to drive sales through your sales funnel? Almost every SaaS company we provide ACH Integration to offers free trials to drive sales and to promote and gain new customers. Almost every SaaS company we provide ACH Integration to offers free trials to drive sales and to promote and gain new customers.

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9 min read

5 Ways To Get Better Conversions From Your Free Trial Offers

By Gene Krause on Jul 30, 2015 2:31:25 PM

Have you heard the one about the guy who walks into a bar, drinks a few brews, and gets his coat on and heads for the door without paying?

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8 min read

Why SaaS Marketing Is Completely Different From Any Other Type Of Marketing

By admin on Jul 16, 2015 3:08:31 PM

Raise your hand if you think marketing an SaaS is the same as marketing any other type of business.

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11 min read

8 Surefire Tips To Get SaaS Business Referrals

By admin on Jul 3, 2015 3:04:21 PM

What's the downside of using paid advertising to generate customers for your SaaS?

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13 min read

19 Quick Ways To Attract And Keep More SaaS Customers

By Gene Krause on Jun 21, 2015 2:03:36 PM

What's the best way to grow your SaaS business? First, you make sure your rate of customer acquisition is successful. Second, you put together and implement a plan that keeps your customers happy once you win them over.

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1 min read

TWEAKING STARTUPS FOR CLOUD SUCCESS

By Agile Payments News on May 20, 2015 8:37:31 AM

By

CloudTweaks has covered the many areas of Cloud computing over the years from: Migration, Deployment, Continuity, SLA, Governance and Security. Our focus over the next little while will also include Digital Strategies and Cloud Based Startup Tweaks. We will provide you with the tools to help grow your business from being a cellar dwelling concept and into a potential cloud based powerhouse. We’d highly advise all startups not subscribed to our Newsletter to do so, as we’ll be providing some very useful and exclusive tips, resources and tweaks for you.

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1 min read

Software Licensing got you down? Get your SaaS in gear and go cloud

By Agile Payments News on May 19, 2015 12:26:09 PM

Software Licensing got you down? Get your SaaS in gear and go cloud

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1 min read

Helping Businesses Scale Is The Catalyst of Cloud Service Provider Growth

By Agile Payments News on May 18, 2015 12:41:20 PM

Helping Businesses Scale Is The Catalyst of Cloud Service Provider Growth

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1 min read

Tips on Finding the Best SaaS Vendor for Your Business

By Agile Payments News on May 14, 2015 8:09:35 AM

Approaching an SaaS (Software as a Service) solution for your business is a daunting task. To help clarify the somewhat murky waters of SaaS sales pitches, blogger Fayez Mohamood offers some practical advice to help prevent a contracting disaster.

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3 min read

Partner up or Die: The new business paradigm

By Wayne Akey on May 13, 2015 10:51:34 AM

New business partnerships are announced daily. LevelUp and Sprint, Apple and Wells Fargo, Verizon and Comcast, Ford and Microsoft to name just a few. But big names aren’t the only ones to benefit from strategic partnerships.

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1 min read

Use New Technology to Keep Your Leads From Going Cold

By Agile Payments News on May 12, 2015 8:04:59 AM

Chad Burmeister takes a sledge hammer to the nail with information that reminds us that up to 70 percent or more of a company’s inbound leads are lost because sales reps aren’t able to pick up the phone and respond to leads. On average, it takes a rep 46 hours to call back. The rep who does call back will only make 1.3 attempts to reach the lead.

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1 min read

Simplifying Analytics Reports Should Be an Industry Standard

By Agile Payments News on May 11, 2015 8:03:34 AM

K.V. Rao is spot on about his concern that enterprises have been left out in the cold with respect to historical data reporting that doesn’t answer the question of how the company is performing. Companies like Salesforce have introduced “Salesforce Wave” and the Analytics Cloud. Hopefully, these tools will give marketers a better means of understanding where their company is headed. As it stands, Rao feels that most top analytics vendors are too focused on making reports easier to read, as opposed to offering real information that allows companies to make better marketing decisions.

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2 min read

How to Market to Customers When The Free Trial is Over

By Agile Payments News on May 10, 2015 1:53:58 PM

From The KISSmetrics Marketing Blog by Neil Patel @neilpatel  

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1 min read

Know the Differences of Marketing SaaS Products Through Resellers vs Referral Partners

By Agile Payments News on May 10, 2015 8:30:36 AM

Ken Beam provides an excellent overview of problems that may surface when marketing SaaS products through resellers or referral partners. There’s a difference between the two entities. Here’s the breakdown:

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1 min read

Millennials Want Self-Checkout With Mobile Payments

By Agile Payments News on May 9, 2015 3:57:15 PM

Millennials Want Self-Checkout With Mobile Payments

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1 min read

Understanding Technology Can Help Your Paycheck

By Agile Payments News on May 9, 2015 8:19:40 AM

Curt Raffi offers up interesting insights about what he would do if he could turn back the hands of time. Whether you’re 22 and just starting out, or a seasoned pro looking to upgrade or change directions, there are some common sense approaches that apply to everyone in life. Understanding your business technology is at the very top of the list. Technology is the one thing that may be able to make the biggest impact on your paycheck.

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1 min read

Let Your CEO Get to Know You

By Agile Payments News on May 8, 2015 8:01:09 AM

Jay Quiles offers some quaint insights about the advantages and benefits of getting your superiors to learn more about you and what you do on the job. Of course, accomplishing this task can be a challenge, depending on the size of your company and your CEO ’s disposition. So, there are a number of things you can do to get his or her attention, regardless of your company’s size, that includes staying committed, being enthusiastic, showing personal initiative, taking responsibility and being able to adapt.

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1 min read

Must-Know B2B Hacks for to Achieve Better Conversions

By Agile Payments News on May 7, 2015 8:31:08 AM

Ramakrishnan M brings his knowledge and experience to bare as he reminds us of the importance of firms being able to focus on conversion. No doubt, getting conversions is becoming more of a challenge. Here are a few of his suggestions.

Topics: SaaS Chatter
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1 min read

Create an Online Course to Give Your Clients What They Need

By Agile Payments News on May 6, 2015 12:14:41 PM

Wendy Kelly speaks to the fact that if you can teach one person you can teach many. Why not package your knowledge in 2015 and provide an online course for people in your network? There are notable pioneers, like Seth Godin and Guy Kawasaki who pioneered the concept of permission marketing. They understand the nuances associated with sharing brands in ways that people are willing to become brand evangelists.

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1 min read

Outsourcing Institute's Annual Wall Street Tech Conference

By Agile Payments News on May 6, 2015 7:15:57 AM

Anubhav Saxena reminds us of the The Outsourcing Institute's annual Wall Street Tech conference on June 2, 2015. Conference highlights will include cloud computing, automation, mobility, and cyber security/compliance. These are all areas that interest and can benefit Wall Street. The conference’s presenters plan to explain how changing and evolving technologies will spur future innovation, reduce the risks of doing business and lower business costs.

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1 min read

Know Your Facts When it Comes to ATS

By Agile Payments News on May 5, 2015 9:13:42 AM

Mike Roberts offers timely information on the merits of Applicant Tracking Systems (ATS). At present, there’s a lot of controversy surrounding their use. Recruiters feel they’re necessary, while a growing number of job applicants are displeased with the results. The big challenge for many recruiting companies is that they haven’t prepared for the onslaught of users who hunt and apply for jobs using their mobile device.

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1 min read

New Threat-Analytics Tools Launched by IBM

By Agile Payments News on May 4, 2015 8:44:24 AM

Katherine Noyes reports that IBM has launched a new security intelligence to help businesses and organizations surmise whether a threat is real or if it’s a simple anomaly. The intelligence system can draw data from more than 500 supported and separate data points that include devices, applications and systems. It will also generate more than 1500 predefined reports that are available on demand.

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1 min read

Using Gaming Software to Motivate Sales People

By Agile Payments on May 3, 2015 9:00:17 AM

Jeremey Boudinet likely touches on a subject that not every business professional is aware of: gaming software. Gaming software turns the tough job of inside sales into a game that tracks and rewards their performance on a dashboard that displays real-time metrics. These metrics include calls made, leads generated and emails opened. The industry is always looking for something to motivate inside sales people. Gaming software looks to be a winner.

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1 min read

Proof Of Concept Vs. Proof of Compatibility

By Agile Payments News on May 2, 2015 9:17:02 AM

Derik Vanvleet has something important to share! There’s an important difference between Proof of Concept and Proof of Compatibility. Knowing the difference can be the reason your company succeeds or fails. A Proof of Concept is basically a demonstration that shows certain concepts have the potential to be applied to a real-world situation. Proof of Compatibility uses certain test criteria to determine if the platform will actually meet the customer needs. That makes all the difference in the world.

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1 min read

Make Sure Your Relationship with Your Managed Service Provider Still Benefits You

By Agile Payments News on May 1, 2015 8:21:06 AM

Harriette Halepis reminds us that a managed service provider, MSP, and your business are just like any relationship. Sometimes relationships stop working, and the only sensible solution is to find a way to end it. Your biggest concern will be knowing how to read the signs that signal the relationship is at an end.

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1 min read

Think You Don't Need to Update Your Security?

By Agile Payments News on Apr 30, 2015 8:33:20 AM

Fear and ignorance are a dangerous combination. Dave Lewis recalls his days working for companies in the IT industry, along with his exploits of being a vendor. During the entire period, he kept a journal of projects he worked on and IT challenges he overcame. One particular project came to mind, in which he shared that a company’s inability to implement a particular security solution was traced back to a single individual’s fear that it would fail.

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1 min read

Possible Click Fraud on Compromised Forums

By Agile Payments News on Apr 29, 2015 9:15:53 AM

Adam Greenberg provides an excellent overview of Exploit Kits. If your computer is running windows, visiting an infected forum could result in a redirect to the Fiesta Exploit Kit. A redirect is a key to creating harmful magic exploitation tricks. Its job is simple. The redirect sends the hapless user to site filled with malicious language code. The landing page is the culprit the launches the harmful exploits. Without a redirect, there would be no traffic going to the page.

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1 min read

Why We're So Excited About FinTech

By Agile Payments News on Apr 28, 2015 5:58:54 PM

Banks are not glamourous — FinTech is.
It’s fancy to get excited over FinTech these days. But why exactly should we?

Some background information for novice readers: FinTech means financial technology. It encompasses a new wave of companies changing the way people pay and send money, but also borrow, lend, invest. The most disrupted sectors — or at least the ones that we hear the most about — are payments and money transfer, represented by companies you’ve certainly heard of (TransferWise for money transfer, Square for mobile payments…), crowdfunding (Kickstarter, Crowdcube, Smart Angels…), and peer-to-peer lending (LendingClub, Zopa, Prêt d’Union…). So where’s all that happening? Well, London is clearly the leading hub, followed by New York, and other cities fighting to get to the top: Paris, Hong Kong, Singapore, Tel Aviv… Just to give you an idea, FinTech investments reached $2.97 billion in 2013 and is expected to climb up to $8 billion in 2018, so there’s room for new players!

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1 min read

Survey Says Mobile Payment Interest Increasing

By Agile Payments News on Apr 28, 2015 11:53:32 AM

Survey Says Mobile Payment Interest Increasing By Brianna Ahearn, contributing writer for retailsolutionsonline.com

Topics: Uncategorized
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1 min read

Do You Think Your Biggest Security Risk is You?

By Agile Payments News on Apr 28, 2015 8:13:39 AM

Arik Hesseldahl reminds us that a security breach is a serious matter for any company, large or small. When it happens, anger and finger-pointing are likely to follow. However, findings revealed by a new survey on security trends, indicate that the culprit might just be human error and the failure of IT professionals to follow polices and procedures. Carelessness also ranks high among the reasons companies get hit with security breaches.

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1 min read

Google Searches For ‘How To Write A Check’ Are Soaring

By Agile Payments News on Apr 28, 2015 6:37:05 AM

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1 min read

SOLVING THE MOBILE PAYMENTS ENIGMA

By Agile Payments News on Apr 27, 2015 1:33:53 PM

 

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1 min read

Understanding the Changes Needed for Performance Management

By Agile Payments News on Apr 27, 2015 10:05:02 AM

Mathew French weighs in on how the need for performance management is changing the face of how Human Resources departments must operate. In reality, there has to be a change. For many managers, the perception of HR is that it operates largely as an administration function. It handles payroll, benefits, processing employees in and out of the company etc. In so many words, HR is a necessary evil. For employees, the perception of HR is that, either direct or vicariously, once HR is gets involved with any issue the solution will not be in favor of the employee.

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1 min read

Adallom and Salesforce Combine to Protect Against Threats

By Agile Payments News on Apr 26, 2015 10:33:29 AM

Amir Haramaty shares the scoop on Adallom for Salesforce. Adallom is proven cloud security and Salesforces is a customer relationship management, CRM, application that helps companies track and manage employee success. Unfortunately, we live in a world where data breaches are now always from an outside source. Employees, in general, will always have a challenge with management peering over their shoulders. Those employees will have to find a way to adjust, since protecting sensitive data requires a specific set of protocols to be enacted.

Topics: SaaS Chatter
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1 min read

Why You Should Hire People That Are Smarter Than You

By Agile Payments on Apr 25, 2015 10:29:01 AM

Karol Zielinski puts it on the line and reminds business owners and managers
that it’s okay to hire someone smarter than yourself. I’m willing to bet
what he really means is that it’s important to hire capable people. You
have to give someone credit for having the smarts, drive or experience to
start a company. Having said that, smart people can help you solve business
problems.

Topics: SaaS Chatter
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1 min read

More jobs for developers from the Internet of Things

By Agile Payments News on Apr 25, 2015 9:01:37 AM

The Internet of Things promises to be a job bonanza for developers, and coders can expect plenty of work at very good pay, according to Michael Rasalan, a director at California-based developer research company Evans Data Corp.

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1 min read

Future Forecast for Cloud Computing and Market Estimates

By Agile Payments News on Apr 24, 2015 10:51:46 AM

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1 min read

Compare the Cloud CTO On 10 Data Centers in The UK Going Global

By Agile Payments News on Apr 23, 2015 10:07:43 AM

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2 min read

The Year Of Mobile Payments

By Agile Payments News on Apr 23, 2015 7:51:39 AM

by

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1 min read

NCR Platform Takes ATM Ecosystem To The Cloud

By Agile Payments News on Apr 22, 2015 9:05:37 AM

It’s time to cut the cord on ATMs and move them to the cloud.

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1 min read

Google Wallet Funds Now Insured

By Agile Payments News on Apr 21, 2015 1:00:11 PM

Google Wallet just made its digital wallet a little more secure.

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1 min read

Why Square’s Greatest Ambition Has Become Its Biggest Threat

By Agile Payments on Apr 21, 2015 9:10:34 AM

From PYMNTS.com  By KAREN WEBSTER , CEO, Market Platform Dynamics

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1 min read

No Credit Card? No Problem, Say Millennials

By Agile Payments News on Apr 20, 2015 8:26:38 AM

Original post on PYMNTS.Com

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1 min read

Simple And Recommended SaaS Security Tips - CloudTweaks News

By Agile Payments News on Apr 18, 2015 12:55:34 PM

Simple And Recommended SaaS Security Tips
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2 min read

After SaaS: Opportunities for Next-Gen CRM - Huffington Post

By Agile Payments News on Apr 18, 2015 8:15:35 AM


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1 min read

Making Payments Smart and Familiar At The Same Time

By Agile Payments News on Apr 17, 2015 12:14:14 PM

The problem with the mobile revolution is that it has been “coming” for so long without ever actually fully arriving that the idea of eminent ignition has become somewhat easy to discount. Mobile has been technologically accessible to a mass number of Americans for almost a decade, merchants are starting to come around (or be swept along as EMV upgrades often come part and parcel with NFC capabilities) and big name players like Google, Apple, PayPal and Samsung are staking out their space and going after the emerging mobile market.

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1 min read

Bank of America’s Mobile Deposit Volume Booms 30%

By Agile Payments on Apr 17, 2015 10:00:21 AM

Bank of America might be lagging some of its competitors in mobile banking user growth, but the bank is increasing its remote deposit business at an enviable rate. 

The bank said yesterday that 13% of its deposits last quarter — or roughly $4.5 billion of a total $34.2 billion of new deposits last quarter, by our calculation — came through RDC. That percentage is 30% higher than in the same quarter a year ago. By comparison, BAC increased its mobile users about 18% during that period.

The increase in RDC volume was enough for Brian Moynihan, Bank of America’s CEO, to point to it yesterday during the BAC earnings call as one reason why the bank’s “expenses were managed tightly” during the quarter. Non-interest expense at Bank of America declined from the fourth quarter of 2014 as a result of the bank reducing the number of its financial centers and “the associated cost driven by consumer behavior patterns shifting to more digital,” he said. The shift in question is the one to RDC for deposit making.

 

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1 min read

Jawbone UP4 fitness tracker lets you pay using American Express

By Agile Payments News on Apr 17, 2015 8:00:27 AM

UP3 fitness wristband tracker may be ready to ship.

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1 min read

Intel Pushes Payments Into The Internet Of Things

By Agile Payments News on Apr 16, 2015 1:14:13 PM

Ingenico and Intel have partnered to build mobile payment capabilities into a wide array of connected devices for the Internet of Things (IoT) — including intelligent vending machines, kiosks and digital signage, the companies announced at the Transact conference last week.

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1 min read

This Israeli Startup Just Leapfrogged Everyone with Apple Watch Payments

By Agile Payments on Apr 16, 2015 8:04:58 AM

24me, an elegant “personal organizer” app built in Israel, has quietly figured out how to facilitate payments via Apple Watch.

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1 min read

The Seven Steps to Cost Savings

By Agile Payments News on Apr 16, 2015 3:14:14 AM

Back in 2011, the U.S. Department of Treasury mandated the implementation of electronic invoicing in support of President Barack Obama’s campaign to cut waste. In the case of the federal government, this executive order reduced the cost of invoicing by as much as 50 percent, or roughly $450 million per year.

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7 min read

Expert Interview Series: Authorize.net founder and Payment Gateway inventor, Jeff Knowles

By Wayne Akey on Apr 15, 2015 8:45:17 AM

Payment Gateways play an integral role in facilitating ecommerce. Without the creation of a secure method for moving sensitive data the ability to conduct non face to face commerce could not have happened. Today there are many gateway providers serving up diverse solutions. But before 1996 there was no option. We wanted to understand the history and genesis of the payment gateway. For that there was only one person we could turn to: Jeff Knowles - the guy who invented the Payment Gateway and founder of authorize.net.

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1 min read

BBVA Compass and Dwolla Launch Realtime Payment Service [Video]

By Agile Payments on Apr 15, 2015 8:05:46 AM

From Bank Innovation

Topics: Uncategorized
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4 min read

The Heavy Hitters Step Up to the Plate – SaaS Marketing Essentials

By Agile Payments News on Apr 15, 2015 7:59:50 AM

As SaaS marketers know, trust is a key factor in running a successful business. Getting customers to sign up for a Free Trial of your software may, at first, be the result of a strong indoctrination process that gets prospects to know, like, and trust your product. It’s trust that makes buying a product or service easier. Sometimes trust is required to even get prospects to sign up for the Free Trial.

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1 min read

Tips for College Graduates

By Agile Payments News on Apr 14, 2015 8:08:47 AM

New innovations revitalize the field of business. They multiply the reach of the typical business by allowing one individual to significantly expand his or her reach.

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1 min read

WordPress Plugins

By Agile Payments News on Apr 14, 2015 7:21:47 AM

If you’re interested in learning more about how to beef up your knowledge about building WordPress plugins, Phil Derksen offers some keen insights. There are some great links to learning resources and developers tools that are sure to come in handy. Those plugins will allow you to customize, modify or enhance your site. Plugins are brilliant because they allow you to avoid having to change your site’s core programming.

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1 min read

Startup Spending

By Agile Payments News on Apr 13, 2015 8:35:35 AM

It’s easier than one would think for tech companies to overspend at the initial startup stage. Bright minds who dream of unlimited possibilities can cause things to go south in a hurry. Millions of dollars can be wasted in the blink of an eye. A lot of what happened to in the Internet Bubble years lurks just around the corner. Staffing the company with “big hitters” from outside companies and paying them exuberant salaries could be the quicksand of today’s tech market.

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1 min read

Elements Of A Winning Checkout Experience

By Agile Payments News on Apr 12, 2015 11:00:36 AM

Originally Posted on Forbes:

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1 min read

Time Management Software

By Agile Payments News on Apr 10, 2015 8:12:25 AM

Technology advances in such ways that reliable technology gets replaced by more efficient technology. Software like Microsoft Access was once the main software that many businesses used to track sales, customer information and countless other things before it was replaced by platforms that could handle this with little setup.

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1 min read

SaaS Marketing

By Agile Payments News on Apr 10, 2015 8:06:48 AM

Alex Cohen drives home the difference between SaaS marketing and other forms of offline and online marketing. Marketing has always been about the product and satisfying the customer’s needs. However, SaaS marketing deals with a whole new set of complex variables. Among the most important variables is trust. Can customers trust both the product and the company whose job it is to keep them safe?

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1 min read

Harnessing Wordpress

By Agile Payments News on Apr 9, 2015 8:05:09 AM

WordPress is one of the most popular back-ends for websites to use. Some estimates say that nearly 19% of all websites use WordPress.

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1 min read

Active or Passive Marketing

By Agile Payments News on Apr 8, 2015 8:10:10 AM

As technology evolves and Internet-based applications become more interactive with users, the most effective methods of marketing become active rather than passive. This change has forced businesses to rethink the very way that they market to even their most established consumer bases.

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1 min read

Customer Experience

By Agile Payments News on Apr 7, 2015 8:00:38 AM

"Is Your Customer Experience Technology Helpful or Creepy?" by Jeannie Walters serves as a brief, but invaluable, wake up call for those in business and business owners to take responsibility for their customer
experience technology. The article outlines the role of technology at SXSW and then segues into a slideshow, which emphasizes different points to consider in evaluating your customer experience technology. The slideshow equally emphasizes the need for transparency and the need to appeal in regards to customer service. By utilizing statistics, outlines, and quotes, Walters drives home the need for transparency regarding customer privacy and information. Furthermore, using the same techniques, she explains the need for customer service technology that is trendy and not just a novelty.

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1 min read

Hidden Costs

By Agile Payments News on Apr 3, 2015 11:00:25 AM

There's plenty of visible and hidden costs when it comes to running a business, but one of the most threatening ones tends to be the cost of fighting internal threats. These are the types of unseen attacks that can
ravage your business, annoy your employees, and eat away at your profits.

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Top 5 Must Haves Before Integrating with a Payment Gateway

By Agile Payments News on Mar 31, 2015 11:00:00 AM

Top 5 must haves before integrating with any Payment Gateway.

The #1 MUST HAVE is probably the least thought about decision making criteria yet arguably the most important.

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1 min read

Analyzing your customers

By Gene Krause on Mar 26, 2015 8:15:12 AM

 

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1 min read

Customer early warning systems

By Gene Krause on Mar 26, 2015 8:00:14 AM

Amanda Saunders reminds marketers how important it is to put an early warning system in place to put out potential fires that might result from ignoring your customer’s needs. Every customer need unmet is a threat to a potential up-sell. Data-driven alerts permit you to become far more proactive in managing your customers. Your customer-facing team is valuable, but their feedback can sometimes be anecdotal and predictable.

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2 min read

Google's Pony Express

By Wayne Akey on Mar 25, 2015 11:16:57 AM

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1 min read

Challenges with sales reps

By Gene Krause on Mar 24, 2015 8:00:48 AM

There’s a lot of pressure put on sales reps to produce. It’s a tough game that often produces quick burnout. To make things even worse, many sales reps arrive at work each day with the fear they’re only as “good” as their last sale. Sam Laber shares some excellent suggestions about what managers and sales development reps can each do to make life bearable in the trenches.

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2 min read

Where employees spend their time on the Web

By Gene Krause on Mar 23, 2015 8:15:30 AM

At a glance, Liam McIvor Martin has provided the world with some critical information about how and where employees spend their time on the Web. Keep in mind that the keyword is ‘employees’. What it may indicate is that the most used website (Google Docs) and the most used app (Skype) are tools that people use to communicate fast and effectively. They’re also free, and that’s good. These are tools that are not likely to be replaced because they’re basic without all the bells and whistles that can distract a person.

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1 min read

Data Hostaging in Payment Processing

By Agile Payments News on Mar 20, 2015 4:00:28 PM

Data Hostaging in the Payment Processing World.

You may have heard of someone’s computer being hijacked with messaging demanding they pay for alleged wrong doings or to be able to get important data back. Typically referred to as Ransomware, this malware holds your computer hostage by encrypting its data or by making it inaccessible in some way. The user is then hit then demands to pay ransom money to the cybercriminal who installed the malware. For more information a good post by Andy O’Donnell [http://netsecurity.about.com/bio/Andy-O-Donnell- 82564.htm] is at: http://goo.gl/3ymh6d

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1 min read

Why creating buyer personas are good for business

By Gene Krause on Mar 19, 2015 2:00:38 PM

 

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2 min read

Duplicate content on LinkedIn

By Gene Krause on Mar 19, 2015 2:00:29 PM

 

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2 min read

Falling short on SaaS pricing

By Gene Krause on Mar 19, 2015 2:00:10 PM

 

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2 min read

Configurability and Customization

By Gene Krause on Mar 18, 2015 1:37:57 PM

Is Your Staff Aware Of The Difference Between Configurability and Customization?

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2 min read

Anti-CEO Traits?

By Gene Krause on Mar 18, 2015 1:35:06 PM

Do You Exhibit Any Of These Anti-CEO Traits? Are You Sure?

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5 min read

Why Mobile Payments Aren’t Working and How to Fix It

By Wayne Akey on Mar 18, 2015 9:53:49 AM

If you are an Old School fan, and really who isn't ? - you know the scene I am talking about: Will Farrell naked, and standing in the middle of the street saying to his wife “Everybody’s doing it”

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3 min read

How Using Payments Processing Using ACH Can Help Your Business

By Gene Krause on Mar 2, 2015 8:00:01 AM

From a previous post we have already covered exactly what an ACH is and the raw flow between a business and the banks. So what is Processing of ACH Payments? First let's quickly re-examine the role the banks play; specifically as it relates to technology. NACHA  governs the ACH network, including providing the specific NACHA file format that banks must use when submitting batch files to one of the ACH operators. If there were no improvements that could be made anywhere in the process, there would be little need for Third Party ACH Processors (TPP).

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2 min read

What is a Merchant Account?

By Gene Krause on Feb 23, 2015 8:10:43 AM

Companies with a need to accept credit cards or debit cards require a Merchant Account. Sometimes the term Merchant Account gets confused with Payment Gateway. They are separate components to accepting cards, but are often provided in a bundled package. If you're set on a particular company for providing the payment gateway, check to see if their gateway services are agnostic towards back-end processors, allowing you to switch merchant account providers at a later time.

Topics: Blog
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SaaS Gets Its Business Groove On

By Agile Payments News on Feb 20, 2015 1:05:10 PM

In the course of a few years, cloud computing has moved from the fringe to the norm for businesses looking to make their operations more efficient. IDG Enterprise’s 2014 Cloud Computing Survey found that the majority of businesses today (69 percent) are using at least one cloud-based application, and investment in the technology grew nearly... In the B2B space, SaaS cloud-based systems offer players the advantages of presenting data in real-time. Read More

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Obama's visit to Silicon Valley a big win for Apple Pay

By Agile Payments News on Feb 19, 2015 7:49:34 PM

President Barack Obama arrived in Silicon Valley bearing a gift for Tim Cook: a seal of approval for Apple Pay.

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4 min read

Payment Data portability or Data hostage

By Agile Payments News on Feb 19, 2015 12:45:06 PM

Data Hostaging in the Payment Processing World. You may have heard of someone’s computer being hijacked with messaging demanding they pay for alleged wrongdoings or to be able to get important data back. Typically referred to as Ransomware, this malware holds your computer hostage by encrypting its data or by making it inaccessible in some way. The user is then hit then demands to pay ransom money to the cybercriminal who installed the malware. For more information a good post by Andy O’Donnell [http://netsecurity.about.com/bio/Andy-O-Donnell- 82564.htm] is at: http://goo.gl/3ymh6d.

Topics: White Papers
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5 min read

Payment Gateway 5 Must Haves

By Wayne Akey on Feb 19, 2015 12:41:30 PM

Top 5 must haves before integrating with any Payment Gateway. The #1 MUST HAVE is probably the least thought about decision making criteria yet arguably the most important.You MUST make sure your payment gateway partner values your customers as much as you do. You know how much time and effort is spent on customer acquisition. In today’s world competition for clients is fierce. You can’t afford to spend time and money to bring on a new client only to have them disappointed with poor communication or a complete lack of support. Having confidence that your most valuable asset is being well taken care of simply cannot be overstated.

Topics: White Papers
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10 min read

Payment Gateway Integration

By Agile Payments News on Feb 18, 2015 3:55:41 PM

Payment Gateway Integration: A Growth Strategy for developers and SAAS providers.Payment Gateways play an integral role in ecommerce and the ability to embed payment-processing functionality inside applications. Authorize.net founded in 1996 was the first to market.

There are now multiple providers of gateway services and although the technical capabilities have evolved the role of the gateway remains the same: to provide a secure method of transmitting payment data from the merchant to the back end payment processor.

For many developers and SAAS providers choosing their payment gateway partner[s] is not a decision driven by the potential for the partner to actually help grow their business. Integrate with usual suspects in gateway space, hand off the customer and hope for the best is somewhat standard. Support and funding issues, data hostaging, customer confusion on gateway versus merchant account, lack of payment options [specifically for recurring payments] and more can leave clients frustrated and looking for alternatives.

Topics: White Papers
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SaaS Development IT News

By Agile Payments News on Jan 31, 2015 2:08:31 PM

[filtr8_mag src='https://filtr8.com/feed/board.php?54cc017c2c588&embed']

Topics: Blog
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3 min read

What is an ACH?

By Agile Payments News on Oct 13, 2014 5:40:45 PM

Is your mind stuck in the credit card only world? ACH payments can be one awesome solution for many organizations needs.

It's a payment vehicle. Paper money and credit cards are also payment vehicles. Some might say PayPal is a payment vehicle also, but the underlying payment vehicles that actually transmit funds for a transaction are ACH and/or a credit card. ACH stands for Automated Clearing House, which is an electronic banking transaction network that's regulated by NACHA. The ACH network is a batch network at its core, although some Third Party Processors provide real-time connectivity to their ACH processing engine. Even when transmitting transactions in real-time to a processor, the transactions are ultimately batched and delivered to RDFI's though one of the networks ACH Operator, the Federal Reserve or EPN. Being a batch network, there is no authorization component like credit card transactions to capture funds before settlement, sometimes resulting in returned items.

Topics: Blog
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1 min read

Real-Time Integrations

By Agile Payments News on Apr 9, 2014 3:12:42 PM

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras lobortis lorem purus, at iaculis nulla placerat ut. Curabitur at ultricies odio. In quis accumsan felis. Donec lacinia est quis tortor accumsan, ac commodo massa accumsan. Interdum et malesuada fames ac ante ipsum primis in faucibus. Curabitur et ultrices orci. Sed vestibulum libero at massa ornare tincidunt. Etiam vehicula dolor eros, sit amet aliquet nulla tempus sed. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Nam facilisis, est et mollis blandit, lacus turpis ultricies tellus, vel condimentum nisi neque nec felis. Integer pellentesque felis elementum quam rutrum lobortis. Nunc et nisl id tortor ullamcorper ultrices. Nullam consectetur quis tortor id bibendum.

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1 min read

Integration Options

By Agile Payments News on Apr 9, 2014 3:11:04 PM

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras lobortis lorem purus, at iaculis nulla placerat ut. Curabitur at ultricies odio. In quis accumsan felis. Donec lacinia est quis tortor accumsan, ac commodo massa accumsan. Interdum et malesuada fames ac ante ipsum primis in faucibus. Curabitur et ultrices orci. Sed vestibulum libero at massa ornare tincidunt. Etiam vehicula dolor eros, sit amet aliquet nulla tempus sed. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Nam facilisis, est et mollis blandit, lacus turpis ultricies tellus, vel condimentum nisi neque nec felis. Integer pellentesque felis elementum quam rutrum lobortis. Nunc et nisl id tortor ullamcorper ultrices. Nullam consectetur quis tortor id bibendum.

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1 min read

High Customizability

By Agile Payments News on Apr 9, 2014 3:06:49 PM

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras lobortis lorem purus, at iaculis nulla placerat ut. Curabitur at ultricies odio. In quis accumsan felis. Donec lacinia est quis tortor accumsan, ac commodo massa accumsan. Interdum et malesuada fames ac ante ipsum primis in faucibus. Curabitur et ultrices orci. Sed vestibulum libero at massa ornare tincidunt. Etiam vehicula dolor eros, sit amet aliquet nulla tempus sed. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Nam facilisis, est et mollis blandit, lacus turpis ultricies tellus, vel condimentum nisi neque nec felis. Integer pellentesque felis elementum quam rutrum lobortis. Nunc et nisl id tortor ullamcorper ultrices. Nullam consectetur quis tortor id bibendum.

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1 min read

Unified Platform

By Agile Payments News on Jan 23, 2014 1:17:22 PM

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras lobortis lorem purus, at iaculis nulla placerat ut. Curabitur at ultricies odio. In quis accumsan felis. Donec lacinia est quis tortor accumsan, ac commodo massa accumsan. Interdum et malesuada fames ac ante ipsum primis in faucibus. Curabitur et ultrices orci. Sed vestibulum libero at massa ornare tincidunt. Etiam vehicula dolor eros, sit amet aliquet nulla tempus sed. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Nam facilisis, est et mollis blandit, lacus turpis ultricies tellus, vel condimentum nisi neque nec felis. Integer pellentesque felis elementum quam rutrum lobortis. Nunc et nisl id tortor ullamcorper ultrices. Nullam consectetur quis tortor id bibendum.

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1 min read

Service Feed Capabilities

By Agile Payments News on Jan 22, 2014 1:07:38 PM

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras lobortis lorem purus, at iaculis nulla placerat ut. Curabitur at ultricies odio. In quis accumsan felis. Donec lacinia est quis tortor accumsan, ac commodo massa accumsan. Interdum et malesuada fames ac ante ipsum primis in faucibus. Curabitur et ultrices orci. Sed vestibulum libero at massa ornare tincidunt. Etiam vehicula dolor eros, sit amet aliquet nulla tempus sed. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Nam facilisis, est et mollis blandit, lacus turpis ultricies tellus, vel condimentum nisi neque nec felis. Integer pellentesque felis elementum quam rutrum lobortis. Nunc et nisl id tortor ullamcorper ultrices. Nullam consectetur quis tortor id bibendum.

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1 min read

User-Definable Reporting

By Agile Payments News on Jan 21, 2014 1:20:04 PM

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras lobortis lorem purus, at iaculis nulla placerat ut. Curabitur at ultricies odio. In quis accumsan felis. Donec lacinia est quis tortor accumsan, ac commodo massa accumsan. Interdum et malesuada fames ac ante ipsum primis in faucibus. Curabitur et ultrices orci. Sed vestibulum libero at massa ornare tincidunt. Etiam vehicula dolor eros, sit amet aliquet nulla tempus sed. Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos. Nam facilisis, est et mollis blandit, lacus turpis ultricies tellus, vel condimentum nisi neque nec felis. Integer pellentesque felis elementum quam rutrum lobortis. Nunc et nisl id tortor ullamcorper ultrices. Nullam consectetur quis tortor id bibendum.

Topics: Blog
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