Viewing entries posted in April 2016
Looking for a membership approach that can help you help your customers? A recurring payment solution means greater flexibility, consistent cashflow and a full credit control system, saving time and money so you can focus on what’s really important...
In today’s competitive economic environment, customer retention continues to stand the test of time as a cost-effective and profitable business strategy.
So, with plenty written on this subject, where do you start? Here are some top line...
Anti-Money Laundering & Countering Financing Terrorism: What is it? What does it mean? How does it affect you?
All banks and most financial institutions across New Zealand need to make sure that they comply with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“Act”). But what does that actually mean?
What is it?
Latest data around reversal rates provides interesting reading. Recurring payments from bank accounts are 2.4 times more successful than from credit cards, and weekly payments are 1.9 times more successful than monthly payments.
When establishing a payment plan that works for your business and your customers, there are a number of components to consider. For example, is there a favoured payment frequency or day? Would people rather pay from a bank account or credit card? ...
In 1977, Colin Quincey was the first person to row the Tasman Sea solo from New Zealand to Australia. In 2010 his son Shaun set off from Coffs Harbour in Australia to become the first person to row solo in the other direction, eventually crash landing...
In an increasingly online world, data security is a hot topic. For customers to transact with an organisation either online or via a contact centre, they need to be confident their payment details are secure and will not be compromised. As a result,...
The subscription economy is rewriting the rules of business – and the beauty of it is that it appeals to a raft of industries.
Essentially, it’s applicable for any business that offers services that require regular recurring payments from...
What do you know about PCI DSS?
The Payment Card Industry Data Security Standard (PCI DSS) is a globally recognised information security standard for...
There’s no doubt today’s regulatory environment is becoming increasingly complex – and there’s no denying the importance and value of compliance training in such an environment.
Debitsuccess recognises the importance and value of training...
A recent report from accounting software firm Xero showed that when it comes to paying bills, Kiwis are a bit slack. The report analysed 12 million invoices and found that no matter what the due date for payment was, on average they were paid two weeks...
In today’s fast-paced business world where competition rules, it’s easy to think that good old-fashioned customer loyalty is a thing of the past.
Loyalty used to come naturally, as services were far away from homes, so the local businesses...
‘Outsourcing’ has often been given a bad rap over the past couple of decades. It has been a word used with somewhat ominous overtones, sometimes associated with faceless corporations that downsize their local operations and send jobs offshore.
Data security is something you tend to take for granted; that is, until the day comes that your personal credit card number receives an unauthorised charge.
Credit card fraud is and is becoming more of a global problem. Conservative estimates...
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