Businesses that haven’t optimized their payment operations don’t understand what it’s truly costing them. It’s a lot more than they might think. In 2020, failed payments and poor payment operations cost the global economy $118.5 billion. On top of that, Accounts Payable personnel spend 30% of their time answering questions and tracking down information/documents, two …

Key Components of Payment Operations Foundational Elements for Scalable Payment Operations Risks and Challenges Utilizing Automation and Innovation Scaling payment operations is a crucial step for businesses aiming to grow and manage their financial processes more effectively. As a company expands, the volume and complexity of transactions increase, necessitating a payment system that can handle …

What is ACH, and how does it work? What are the different types of ACH payments? What are the benefits for payment operations? How does an API enable automation? Collecting and disbursing payments is a critical piece of a business’s payment operations. From startups to large corporations, every business can benefit from streamlined payment processing …

In the ever-changing landscape of digital payments, businesses face increasing pressure to enhance their payment operations and deliver a seamless experience for customers. Dwolla Connect, a cutting-edge API solution, is designed specifically for mid- to enterprise-sized businesses with established payment operations. It empowers them to undergo a seamless digital transformation from traditional paper checks, manual …