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COVID has delayed the second Payment Services Directive, or PSD2, in Europe, allowing card and payment providers to meet new authentication required standards by December 31, 2020. While this effects Euro cardholders by ensuring payments are performed with multi-factor authentication, this also has a reaching effect in the US as we have now become an easier target for fraud and illegal activities.
Online medical billing and no-touch payment options are the future of the medical billing industry. Integrated payment solutions can offer a seamless transaction experience for both patients and providers. To learn more about these solutions and how you can adopt them check out this article from our partner, MailMyStatements.
In this week’s episode of Clearent Connects, we discuss the recent major data breach events and how small businesses are affected more now than at any other time.
This week we speak with Jim Fink, Director of Strategic Partnerships at Rapid Finance, about the various lifelines for small businesses in the time of COVID.
COVID-19 has impacted all areas of our lives, from how we work and learn to how we travel and interact with others. It has also had a dramatic impact on how we shop and pay for goods and services. Consumer preferences are rapidly shifting toward contactless payments, including contactless credit cards and mobile wallets.
In this week’s Clearent Connects, Phil and Lauren discuss potential budget cuts to the United States Postal Service and the impact they could have on struggling small businesses. Dive into new proposed legislation that will eliminate the ability for a business to go cashless, continued glaring gaps in the adoption of contactless tools and more.
In this episode of Clearent Connects, we do a quick update on COVID in the payment / small business space, including reopenings and PPP loans, as well as the increase of dispute claims and fraud and how that can affect your business.
On this week’s Clearent Connects, we talk with Marlin Hughes of the Detroit Pepper Company. The Detroit Pepper Company opened in early 2020 with a good location, a lot of foot traffic, and buzz in the local media. But after COVID-19 hit, Marlin had to pivot his strategy.
Interchange downgrades eat away at small business owners’ profits. Learn how to spot them and get four tips to help prevent them.
On this week’s episode, we chat with Brian Abernethy, Director of Business Development for our software vendors, about payment facilitation in the app and digital space.
In this week’s episode of Clearent Connects, Phil and Lauren explain EIRF or the Electronic Interchange Reimbursement Fee. Learn what causes this charge to happen, and what can you do to avoid getting EIRF’ed!
Learn about the basics of processing and security
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