Recurring Billing Enhances Cash FlowRecurring payments are popular for subscription billing models for online entertainment, internet services, downloads, and digital goods sold by high risk merchants.Recurring billing creates a predicable revenue stream for high risk merchants. And expands the..
Health care payment processing for medical services are handled in a dismally ineffective way by the majority of medical care providers. Physicians and hospitals are collecting only 50% health care payments from insured patients. For the uninsured, the portion of patient payments drops to a..
Card Declines Impact Recurring BillingA new report issued by Javelin Strategy & Research reveals that 28% of all consumers received a replacement debit or credit card in 2009 due to security concerns. And many of these consumers had more than one card replaced or more than one card..
Research organization Aite Group released results from a survey of merchant acquiring banks and independent sales organizations about payment processing opportunities and challenges for the coming year.The biggest problem being faced by payment processing acquirers in 2009 was the attrition of..