Employers are always on the lookout for great ways to keep employees happy. And what better way than with cash – but served up in a faster, more reliable and easier way. Enter the Akimbo Card - a Mastercard® incentive award card. The Akimbo Card can be used through Apple Pay with simple tap-to-pay functionality or employees can also get a traditional plastic card for in-store purchases. This option provides employers a way to reward workers and pay out bonuses anytime without the expense and hassle of running an extra payroll.
In our payments integration consultations with software developers, we often educate on several critical areas to consider when choosing any payments partner. These include age of the specs/APIs, certification process, acquirer control on the platform, underwriting, application/agreement workflow and payment processing pricing. In our model Payfac in a Box™, we’ve put all these goodies and more ‘in a box’ to ensure a simple, straightforward, and long-lasting integration setup that will make merchant adoption and their continued use of the service top-rate. Read on to educate yourself on these important aspects of selecting a payments integration partner, so you don’t get stuck down an expensive path that doesn’t result in the best custom payments integration for your software solution and merchant users.
Running a business is more than servicing your patients or customers. Business owner-entrepreneurs must handle all aspects including cash flow, growth, bookkeeping, credit and more. And even if you’ve hired the best of the best to do the day-to-day business finance tasks, business owners must be engaged and active in managing these critical aspects so that when you decide to grow, sell, or retire you can. Here are six important business finance tips to live by that will ensure your profitability and longevity in whatever field you’re in.
An important part of the convenience of our Payfac in a Box™ payments integration solution is the built-in reporting functionality. When payments (authorization/settlements) are processed you have the option to receive a raw data feed (in CSV file format) of that data as the software developer. This gives you a variety of options to monitor payments processed, reconcile accounts, control your customer’s experience and more.
By using the Payfac in a Box™ API for onboarding/contracting and authorizations, you have the visibility into the payment traffic but most importantly the settlements/disbursements. This allows for you to see the full flow of the transaction through your integrated processing interface with Singular.
Our St. Augustine, FL office was impacted by Hurricane Irma earlier this week, so we felt it was both timely and important to discuss disaster planning for your business. Having a detailed plan and reviewing your insurance coverages, outage plans to continue offering services and meeting the needs of your patients/customers, and supporting employees who are also affected, are important areas to address to quickly bounce back after a natural disaster.
After months of planning and development we are excited to share that the website for Payfac in a Box is now live! The streamlined layout showcases how simple customizing a full circle payments integration into software can be. The site also includes links to our mobile SDKs, developers portal and the full API code as well as details for how Payfac in a Box can meet the needs of a variety of business types.
Topics: payments integrations, bill presentment and payment, payfac in a box, payfac, payment faciliator, automated onboarding, custom payments integration, onboard thousands of merchants, software developers
As a small business owner, are you capitalizing on growth in your market? Technology advances are pushing industries forward, providing expanded opportunities to larger patient populations. Would adding additional locations add value and convenience to your patients/customers? Growing your business can be done in numerous ways. It can mean increasing office/location visibility through a more favorable or additional location. Or, it can also mean adding space to your current location, which allows for increased capacity to provide a wider range of services. But how do you know if your business is ready to grow? And once you know, how do you get started?
Security is very important; therefore, you should ask questions when considering a payments integration technology partner.
One of the big challenges software developers face but rarely fully understand is the complexity of settlements and disbursements through an electronic payments implementation.