Every business that accepts payments—whether for products, services or recurring bills—faces a common but often underestimated challenge: payment declines. These failures don’t just represent a missed transaction; they ripple through operations, customer relationships and bottom-line performance. In 2023 alone, false declines put $157 billion at risk in the United States, with $81 billion ultimately lost […] The post The Hidden Costs of Payment Declines (and What to Do About Them) app...| CSG Forte
Imagine a world where cash flow is seamless, paper checks are relics of the past and getting paid—or paying others—happens almost as effortlessly as sending a text. Welcome to the age of Automated Clearing House (ACH) payments, where modern businesses are reimagining the way money moves and unlocking new levels of efficiency, flexibility and security. […] The post How Can ACH Processing Benefit Your Business? appeared first on CSG Forte.| CSG Forte
Like many activities, financial transactions have gone digital. These electronic transactions occur primarily through an affiliated financial institution network called the Automated Clearing House (ACH) Network. This system helps move money between parties’ financial institutions simply, quickly and cost-effectively. Nacha is that governing body that oversees the network and its transaction processing, which totals billions […] The post What Are ACH Debits? ACH Debit Transactions Explain...| CSG Forte
Discover the key differences between eChecks and ACH payments, including how they work, their benefits for businesses and why understanding electronic funds transfer options is essential for secure and efficient transactions.| CSG Forte
This blog explores how businesses can leverage real-time payments to enhance their operations. It covers the benefits of real-time payments, including improved liquidity management, cost savings, and better communication. Additionally, it discusses the growing adoption of real-time payments in various industries and the future of this payment method.| CSG Forte