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Payments Help Desk

The Elevation Blog

ACH for Bill Payments: 5 Trends to Watch

Posted by Guest Author: Alison Arthur, Alacriti on Nov 6, 2018 1:45:00 PM

What choices do consumers make when paying their bills? Are there certain industries that are more likely to receive bill payments via ACH? Does ACH usage increase or decrease depending on the amount of each bill payment? And does the frequency with which customers pay their bills influence the likelihood of choosing ACH as a funding source?

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Topics: Electronic Payments, Payments, ACH Payments

Two Strategies for Reducing B2B Credit Card Acceptance Costs

Posted by Guest Author: Anand Goel, Optimized Payments Consulting on Sep 14, 2017 2:56:26 PM

By Robert Unger


According to Mercator Advisory Group analysis, U.S. commercial card payments grew at a compound annual rate of 9 percent from 2013 to 2015.1 In 2015, commercial card volume reached $428 billion.  This figure only represents about 1 percent of the B2B payments market (including check, ACH, wire transfer and cards) that totals $23 trillion (USD). 

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Topics: Receivables, Payments, payment costs, cash flow, Payments Consulting, Webinar, Electronic Payments, credit card, credit card cost, credit card cost analysis, commercial card, commercial card costs, interchange, reducing interchange

Understanding and Tracking Card Payment Acceptance Costs

Posted by Robert Unger on Aug 23, 2017 6:55:57 PM

By Robert Unger

Credit and debit card payments are surging.  The “2016 Federal Reserve Payments Study,” which has been tracking longitudinal trends in consumer and business payments, cites that: 

Payments made with general-purpose credit cards and with non-prepaid debit cards each grew faster than other payment types from 2012 to 2015, in terms of both percentage growth and growth by number.

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Topics: Receivables, Payments, payment costs, cash flow, Payments Consulting, Webinar, Electronic Payments, credit card, credit card cost, credit card cost analysis

B2B ACH Credits to Surpass Checks by 2020 - New Survey

Posted by Robert Unger on Jun 13, 2017 7:04:17 PM

NACHA and the Credit Research Foundation recently conducted a study of payments trends, preferences, and perceptions of electronic payments by credit and receivables professionals. NACHA's Rob Unger sat down with Matt Skudera, VP of Education and Research for the Foundation, to get his views on some of the most interesting finds from the survey.  You'll be surprised! Learn more by listening to the recording of the Webinar covering the same topic.

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Topics: ACH, Receivables, B2B, Checks, Credit Research Foundation, Electronic Payments, cash flow

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