Singular Payments focuses on delivering our flat rate payment processing solution direct to merchants and integrating into software with custom solutions. There are many benefits for the software users and vendors to integrate payments into the solution. Not only does processing payments with a custom flat rate inside the software solution add convenience and speed for users, but it also adds a new revenue stream for the software vendors that can add up. And with the high costs of development, this can be a huge help.
Topics: credit card processing, singular payments, payments integrations, software integration, integrate payments APIs, bill presentment and payment, singular billpay, integrating payment processing into software, payments software integration
Singular Payments has launched an exciting new electronic bill presentment and payment platform we affectionately coined Singular BillPAY, and it’s going to rock your world when it comes to simplifying invoicing and collections. This customizable billing and collections software is paired with your custom flat rate credit card processing service, to seamlessly accept credit card and electronic check (ACH) payments all within the easy-to-use platform. That is one of the unique advantages this new feature-rich service brings to the table for merchant billers who need to find cost-effective and efficient alternatives to traditional means of distributing invoices and collecting payments. Read the press release here for more details about the launch.
Cyber-criminals are always lurking to find the best place to hijack some legitimate deal in an effort to sell illicit goods and services online…where these crooks breed. One of the latest popular scams is transaction laundering through payment processors and in recent months it has become a favorite of drug dealers, sex service procurers and other similar corrupt dealings. The problem is many people have yet to hear about this and studies at EverCompliant indicate that “as many as 6%-10% of additional unauthorized ecommerce sites that banks are processing may not know the illicit activities they are backing without their consent or awareness.”
Dear Valued Partner: As an entrepreneur now involved in my third company as either a founder or investor, and having spent nearly 30 years in the payments industry, I certainly respect and appreciate the fact that business is won and lost every day. I take great pride in each new account we sign, and am grateful for the trust and confidence demonstrated by the business owners and operators who have selected Singular Payments for their payment processing needs. The thing that keeps me awake at night are not the victory’s we enjoy as an organization, but the clients who we are not able to retain for whatever reason, and while I am a realist with no expectation that we will never lose an account, I take it personally when I read cancellation requests from clients – not because I think these folks have something against me as an individual, but because (rightly or wrongly) I feel like I have failed them. Failed to meet their expectations, failed to provide the products, services or savings they thought they would receive when they originally signed up with us. Ultimately, all these things mean that we have really failed to build a relationship that establishes Singular Payments as an indispensable business partner for each client we have the privilege of serving.
Let’s take a moment and dive into the real reason behind why you’re carrying a new type of credit card and if you aren’t part of the ‘chip club’ yet, know that it’s only a matter of time before you will be. As of October 2015, the nationwide shift to EMV became imperative when the liability, for lack of better terminology, shifted to the merchant as opposed to the credit card issuer.
Topics: flat fee payment processing, flat rate credit card processing, credit card payments, fraud liability, protecting your business, free emv terminal, free emv equipment, emv help, emv fraud liability, singular payments, emv, free emv help, singular guarantee