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Fund Loans Almost Instantly to Virtually Any Debit Card

06 Dec 2016 by Victory Payments | No Comments

Fund Loans Almost Instantly to Virtually Any Debit Card
It’s finally here. Your customers no longer have to wait until the next business day to receive money in their bank account. Now you can fund loans almost instantly to virtually any debit card in the United States. This service, referred to as direct-to- debit payouts, uses the debit “rails” on the major debit card networks allowing you to disburse loans 24 hours a day....Read More

How to Get a High Risk Merchant Account without Getting Ripped Off

13 May 2016 by Victory Payments | No Comments

How to Get a High Risk Merchant Account without Getting Ripped Off
A number of factors go into assessing what level risk you might represent to a credit card processor and bank. This post will help you avoid wasting your time searching for the right provider and how to avoid getting ripped off. Any high risk merchant processor you contact is going to immediately try to assess where your business falls on the risk spectrum What does...Read More

4 ACH Processing Mistakes That Can Sting You

23 Oct 2014 by Victory Payments | No Comments

4 ACH Processing Mistakes That Can Sting You
ACH processing is a powerful, easy, and inexpensive tool to pay and get paid. Eliminating paper invoicing & mailing costs, improving your cash flow with automated recurring billing, and as a less costly alternative to credit cards.. ACH is a long-time favorite payment tool of many industries. And if you’re just now considering getting an ACH processing account or you’re already using an ACH service...Read More

Check Verification – A New Tool to Lower Your Risk of Losing Money

23 Oct 2014 by Victory Payments | No Comments

Check Verification – A New Tool to Lower Your Risk of Losing Money
Check verification is a powerful tool that businesses can use to significantly reduce the risk of loss associated with accepting checks or processing ACH payments. The most common losses stem from NSF checks or ACH items being returned as NSF (non-sufficient funds). But there’s more to consider.. You also have to factor in the administrative costs to collect on outstanding receivables and the cost from...Read More

5 Simple Techniques to Stop ACH Chargebacks

22 Oct 2014 by Victory Payments | No Comments

5 Simple Techniques to Stop ACH Chargebacks
Customers have an itchy trigger finger today when it comes to reversing, or charging back, a transaction. In my experience working with merchants throughout the years here are some common sense techniques that can help reduce potential losses and keep your ACH account in good standing. Just to get a little industry jargon out of the way.. the term ACH chargeback refers to return codes...Read More