Required Disclosures for Recurring Bill Payments

Required Disclosures for Recurring Bill Payments

Recurring bill payments improve cash flow and streamline payments, but businesses are required to provide consumers with key information before billing them automatically. Having consumers read and agree to required disclosures for recurring payments keeps consumers...
How to Comply With the FTC Safeguards Rule for June 2023

How to Comply With the FTC Safeguards Rule for June 2023

The Safeguards Rule is intended to ensure that financial institutions securely handle customer information. The Standards for Safeguarding Customer Information first took effect in 2003, but was amended 2021 to reflect changes in technology. The latest changes to the...
ACH vs. Credit Card Processing: What’s the Difference

ACH vs. Credit Card Processing: What’s the Difference

Today’s businesses have a variety of payment processing options to choose from. Among the most popular are Automated Clearing House, or ACH, payments and credit card processing. Both are viable for accepting payments, but they have some key differences in terms...