There’s a common misconception that depositing a paper check the same day means you’ll get your money faster than with an e-check. It sounds logical. In reality, paper checks slow your cash flow far more than e-checks ever will. The Misconception: “Paper Checks Clear Faster” Here’s what actually happens with paper: And if it bounces, […]
“Customers don’t want to pay by e-check.” It is easy to assume that. Credit cards feel familiar, and the word “e-check” can sound outdated. The truth is that your customers already use this every week. They just know it by a different name. If you pay a utility bill, make a mortgage payment, or receive […]
Mike runs a growing moving company. Crews are booked solid, calls are nonstop, and jobs keep stacking up. But at the end of every day, one thing still slowed everything down: waiting on checks. Late mail, lost envelopes, and delays at the bank meant cash flow was always tight and stress was always high. So Mike made […]
Running a moving company already comes with enough stress: long days, tight schedules, and crews you depend on to keep customers happy. The last thing you need is to worry about whether your payments are secure. But every time you accept a paper check, you’re taking on risk. The Hidden Risks of Paper Checks A […]
Managing expenses is crucial for moving businesses, and one of the significant costs is credit card processing fees. These fees can cut deeply into your profit margins, sometimes consuming as much as 50%. To alleviate this burden, many businesses consider adding a surcharge to credit card transactions. However, it’s vital to understand that Visa strictly […]
In the world of business, especially when it comes to accepting credit card payments, compliance with regulations like Know Your Customer (KYC) laws is crucial. KYC regulations have a significant impact on financial institutions, particularly in the context of merchant processing accounts. For business owners seeking to open such accounts to accept credit card payments, […]
What are Consumer Loans? Consumer loans are financial tools designed to assist individuals making purchases or covering expenses that they may not be able to afford upfront. These loans are commonly used for buying goods like furniture, appliances, vehicles, and for moving businesses, services related to relocation or storage. The defining feature of consumer loans […]
Ensuring seamless and secure payment transactions is crucial for enhancing customer satisfaction and operational efficiency in the moving industry. As you navigate various payment processing methods, understanding the differences between dip (insert), tap (contactless), swipe transactions, and keyed-in transactions can empower you to make informed decisions tailored to your unique business needs. In-Person (Dip, Tap, […]
Ensuring the security of sensitive data is non-negotiable for businesses like yours in the moving and storage industry. At Remedy Payments, as a trusted payment processor handling over $1 Billion in transactions annually, we understand the critical importance of robust data breach protection. Let’s explore what data breach protection entails and why it’s indispensable for […]
2024 is set to be a challenging year, but losing revenue due to customer chargebacks doesn’t have to be a part of the struggle. Understanding how chargebacks work and implementing preventative measures can significantly reduce your risk. Let’s dive into what chargebacks are, the common reasons behind them, and steps you can take to protect […]