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What is a Virtual Terminal? Features and Benefits

What is a Virtual Terminal? Features and Benefits

by Lancelot Carlson | Jun 14, 2023 | Blog, Posts

Businesses with customers located virtually everywhere need the capability to accept payments everywhere. Virtual terminals are an option for businesses to accept payments at the office or on the go. Customers don’t even need to be physically present to make a...
The Power of Recurring Payments: Benefits and Success Strategies

The Power of Recurring Payments: Benefits and Success Strategies

by HealPay | Jun 6, 2023 | Blog, Posts

In the landscape of modern business operations, recurring payments have emerged as a bedrock. Recurring payments allow businesses to charge customers automatically for products or services at regular intervals. The outcome? Timely, consistent payments for consumers...
Upcoming Visa Rules for Debt Repayment May Affect Collections and Receivables Payments

Upcoming Visa Rules for Debt Repayment May Affect Collections and Receivables Payments

by HealPay | Apr 7, 2023 | Blog, Posts

Visa, the global payment giant, has announced significant changes to its debt repayment rules, set to take effect on April 15, 2023. The new regulations are expected to affect payment acceptance for collection agencies, debt buyers, and firms handling accounts 120...
Surcharging vs. Cash Discounting vs. Convenience Fees: What’s the Difference

Surcharging vs. Cash Discounting vs. Convenience Fees: What’s the Difference

by HealPay | Jul 16, 2022 | Payments, Posts

Businesses have a few ways to avoid or recoup the cost of accepting credit card and other digital payments through surcharging, cash discounting, or charging convenience fees. These methods have different rules from a legal standpoint and based on payment network...

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