Credit Card Processing Tips and Tricks

5 min read

Why ACH is Better Than Paper Checks for B2B Payments

By Jeff Kohl on Feb 19, 2021 12:06:08 PM

It has been nearly a year now since many businesses left the office in response to COVID-19. Since then, all business leaders have been trying to figure out how to improve their processes and operations while their workforce continues to work remotely.

One of the biggest hurdles that many B2B companies face is the ability to accept and process payments quickly. 

Savvy B2B business leaders are turning to ACH as a solution… but is that the right solution for your company? Read on to learn why ACH is better than paper checks. 

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2 min read

Digital Transformation and The World of Accounts Receivable Automation

By Patty Benitez on Feb 4, 2021 11:00:00 AM

In an effort to bring you continued industry insights in an easy to digest manner, we started a series called Lunch Bites - short industry specific conversations served up in the time it takes you to make a sandwich. This edition of Lunch Bites features Matt Shanahan, Chief Strategy Officer at Lockstep  discussing the changing world of accounts receivable and digital transformation in the marketplace. 

“Digital Transformation” is a bit of a buzzword lately. The pandemic has exposed cash traps in accounts receivable, particularly for companies doing business via traditional methods involving paper invoices and mailed checks. Digital transformation is all about eradicating the paper, and moving things to the web and email to collaborate with customers digitally. The goal of digital transformation in AR is to lower days sales outstanding (DSO).

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4 min read

Keeping Ahead of the Payments Curve – 2021 Payment Trends

By Jeff Kohl on Feb 1, 2021 11:48:19 AM

2020 was a year filled with disruption. Businesses everywhere needed to adapt to shutdowns, shift their operations to a remote workforce, and rethink long-standing business processes. 

From new standards in customer experience to new technologies to sweeping industry change.  The payment industry was no exception.

There were many ways the B2B and B2C businesses adapted to the “New Normal” this last year.  The question remains – which of the many 2020 payment trends we identified last year are making the jump to 2021 and beyond?

The APS Payments team has identified some of the top payment trends in 2021.  Let’s explore six of these payment trends below.  

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4 min read

Optimizing Shipping, Payment Processing, and Customer Expectations

By Patty Benitez on Dec 3, 2020 3:37:31 PM

In this edition of Lunch Bites, featuring Caroline Rua from V-Technologies, I sat down with Caroline to discuss trends we’ve been seeing in the marketplace around B2B shipping and remote work. Watch the video below to learn more, or read on for a summary of the discussion.

 

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4 min read

Avoid Downtime on Black Friday Payments 2020

By Jeff Kohl on Nov 2, 2020 5:54:19 PM

Is your eCommerce, Brick-and-Mortar, or B2B store prepared for the 2020 holiday season?

Customers and merchants in 2020 face a new, unprecedented environment. Nationwide shutdowns and work from home (WFH) operations have caused digital purchasing and payment methods to skyrocket.

This unique situation can serve as both a challenge and an opportunity for merchants, and gains made during the holiday months could help recoup profits lost during the shutdown earlier this year.

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6 min read

Securing B2B Level 3 Savings for Your Sage Payment Needs

By Patty Benitez on Sep 21, 2020 7:15:09 PM

Integrated Level 3 payment processing is crucial for B2B companies using Sage in order to streamline workflows, save money, and efficiently leverage the Sage integration.

Is your Sage payments provider meeting your needs as a B2B business, or causing you to miss out on major Level 3 savings? Not all Sage solutions provide the features and functionality that merchants need.  COVID-19 has placed many new constraints and challenges on businesses of all kinds this year. Adapting to the new normal of remote work and digital payments requires payment solutions that do much more than simply process credit cards and debit cards.  This blog introduces you to the benefits of Level 3 B2B processing for Sage users, and lists 5 features that your business needs to demand from your payments provider - or what to look for in a new payments solution if your current provider fails to deliver.

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7 min read

Know the Risks of Working With Third Party Payment Processors

By Patty Benitez on Sep 8, 2020 10:30:00 AM

The payment industry is constantly changing, evolving, and upgrading. In the past few years, the financial industry has seen the rise of FinTech, eCommerce, cashless payments, and much more.  Business owners accepting credit cards rely on experts in the field to provide the best in payment processing services, such as all-in-one payment providers, as well as omni-channel and integrated payment solutions. In this blog, we will detail exactly what are third party payment processors (also known as merchant brokers) and how to ensure that you select the right payments provider for your business needs to reduce your risk. 

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6 min read

What is FinTech? FinTech B2B Payments and B2C Payments Explained

By Jeff Kohl on Aug 27, 2020 12:09:33 PM

FinTech B2B Payments are impacting how businesses and consumers pay, store, move, save, borrow, invest, and protect money.

If you have made a payment using your phone, transferred money using an app, or checked an invoice or bank statement online then you already have experience in the FinTech industry. 

FinTech is fast-becoming the new normal. Payments industry trends such as moving to cashless and electronic payments along with the rise of eCommerce and mobile transactions are all being propelled quickly forward by the “FinTech revolution”. In this past year, many companies have faced COVID-19 cash flow challenges and need to transform their payment systems in the “new normal” of remote work. FinTech, however, is quickly becoming the “new normal” of business, impacting how merchants and consumers pay, store, move, save, borrow, invest, and protect money.

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6 min read

Why B2B Cashless Payments Are Being Accelerated due to COVID-19

By Jeff Kohl on Aug 10, 2020 2:51:44 PM

How is COVID-19 impacting B2B payment trends? 

The payments industry is trending towards cashless and electronic payments along with the rise of eCommerce, mobile transactions, and more. In this past year, many companies have faced new challenges because of COVID-19 and need to transform their payment systems in the “new normal” of remote work

Although the trend towards digital payments has been steadily increasing, the coronavirus pandemic of 2020 is accelerating the shift to a cashless society. Merchants of all kinds are asking not only how to adapt to the current needs of the market, but also what this means for their financial future. How will the events of this year affect 2021 and beyond?

In this blog, we will detail the implications for merchants in a cashless economy, the benefits for B2B businesses, and how omni-channel and digital payment solutions help maintain cash flow, increase efficiency, and save money.            

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3 min read

APS Payments Announces Integration with Sage 500

By Patty Benitez on Jul 29, 2020 7:32:44 PM

APS Payments is excited to announce a new integration with Sage 500, enabling many more manufacturers and distributors to benefit from the full suite of benefits with the seamlessly integrated, omni-channel, and all-in-one payment solutions from APS Payments.

 

Your Sage 500 ERP solution is the backbone to your business. Today, more and more of your customers want you to accept payment via all sorts of credit cards. In this case, look no further than APS Payments to provide you with a simple and effective Sage 500 credit card processing integration that allows you to reduce risk, decrease fees and increase your company’s revenue.

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