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Payment Systems

A payment system is an automated set of processes (usually done with computers) for accepting cash-substitutes as money. Since the rise of credit and debit cards and the Internet, most businesses in the U.S. rely on some type of payment system. In addition to the traditional credit card processing services, payment systems can include electronic checks, EFT, mobile payments, and technologies specific to the Internet like digital wallets, e-cash and PayPal.

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Autoscribe Corporation Ranks No. 3,262 on the 2014 Inc. 5000

Inc. magazine named Autoscribe to their annual Inc. 5000, an exclusive ranking of the nation’s fastest growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 5000.

Free Reports

Convenience Fee Payment Processing is Now Available through Payment Savvy LLC

Payment Savvy LLC, one of the top merchant account providers in the credit, collections, accounts receivable and medical billing industries, is proud to announce that they are now offering free payment processing. As Chad Deatherage, VP of Sales noted, the new and innovative convenience fee payment processing model is designed to avoid any legal issues […]

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Israeli Start-Up Experiments with Automated Debt Collection Approach

At first glance, the differences between the U.S. and Israeli debt collection industries couldn’t be more stark: In Israel, lawyers are typically responsible for debt collection, while in the U.S., the debt collection licensing requirements vary from state to state. But TrueAccord, a new start-up founded by Ohad Samet, actually goes over the heads of […]