ACH transfer vs. wire transfer: what’s the difference?
In this article, you will learn the difference between an ACH and wire transfer. These options are the most popular types of electronic money transfers. Keep on reading to figure out which one will meet your monetary needs.
Businesses with the wrong payment method are seeing almost 4x more payment failures
There’s an odd phenomenon concerning payment failures. Businesses accept them as an inevitability, as something to write off as a part of doing business.
Ensuring your customers pay on time is one of the reasons why more and more businesses are turning to Direct Debit as their preferred payment method. Because Direct Debit is a ‘pull’ payment method, you control when your customers pay you. But this is only half the story.
The payment success index 2020: a North American spotlight
We recently analyzed the global payment success data from over 55,000 GoCardless customers, to better understand payment failure rates and recovery rates across all kinds of businesses that collect recurring payments.
Common objections to paying by ACH debit, and how to deal with them
When you’re explaining to a customer the benefits of them paying via ACH debit, you may come across some objections. Below, we’ve rounded up some common objections you might come across, and suggestions for how you can respond to them.
How to incentivize your customers to pay via GoCardless
While you may be familiar with the benefits of GoCardless, both for your business and your customers, it can sometimes take a little incentive to convince your existing customers to change the way they pay you.
Although credit card payments and ACH payments allow you to manage recurring payments quickly and easily, there are a couple of essential distinctions that you need to understand.
When to make paying by ACH debit compulsory for your customers
If some of your customers are reluctant to pay by ACH debit even after explaining the benefits to them, and offering an incentive, you might consider making it compulsory.
3 ways GoCardless helps you choose the right payment mix
Choosing the right mix of payment methods for your customers can greatly impact customer acquisition and retention. So, it’s important to consider methods that are both available to and preferred by consumers.
6 ways to get your customers to start using GoCardless
If you’ve signed up to start using GoCardless, the next step is to get your customers to do the same. Getting them to create an ACH debit authorization with GoCardless is easy
Direct Debit - also known as ACH debit or bank debit - is a common payment method, but many people remain unsure what exactly Direct Debit is or when it should be used.
Reconciliation is an accounting process which SMB owners and their accountants need to perform to ensure that the correct balances are recorded within their accounts.
Keeping track of payments has a direct impact on your business’s cash flow, so it’s important to streamline this process with an organized bookkeeping system.
Net Cash Flow Formula | Definition & How to Find It
Want to evaluate your company’s cash flow? Learning how to find net cash flow can be a great way to gain insight into the financial health of your business.
Secure payments: How to safely take payments online
There are risks associated with online payments and whether you’re an individual or run a business, it’s important to understand these risks and to make sure your customers can trust you with their payment information.
