How Do ACH Prenotes Work? A Simple Guide

by Cheqly team | | ACH Prenotes

The ACH Network is expanding at a rapid pace, having handled 8.9 billion transactions with a total value of $24.1 trillion in the first quarter of 2026, according to NACHA. Also, Same Day ACH transactions have risen by 23.6% year over year, amounting to 403 million payments, which indicates strong demand for fast and efficient … Continued

Card-Present Transactions: A Complete Guide for Businesses

by Cheqly team | | Card Present Transactions

Today, businesses accept payments in different forms. Though digital payments are growing, physical payment methods still have their own user base. Among those physical methods, card-present transactions are one of the most widely used. They are typically more secure against counterfeit fraud because physical presence allows for stronger authentication. In fact, Visa reported an 80% … Continued

PAYDEX Score: What It Is and How to Improve It

by Cheqly team | | PAYDEX Score

If you’re applying for a bank loan, seeking funding from an investor, or even trying to arrange trade credit terms with a supplier, you will probably discover that the institution at the other end of the deal is interested in your Paydex score. Your Paydex score acts like a business credit score that indicates your … Continued

Tap-to-Pay Trends in the US: Why Small Businesses Are Adopting It Faster Than Ever

by Cheqly team | | Tap to Pay Trends

Tap-to-Pay, also called contactless or NFC (Near Field Communication) payments, has changed how Americans shop and how merchants accept payments. Consumers can just tap a contactless card, phone, or wearable device on a compatible reader to complete a transaction in a few seconds. This shift is driven by demand for faster and more convenient checkout … Continued

12 Ways to Improve Financial Reporting Accuracy

by Cheqly team | | Accurate financial reporting

Having precise financial records is a key factor in operating your business transparently and confidently. This gives you a clear picture of your revenue, costs, and financial position, which in turn enables you to make better decisions, control cash flow, and strategize for development successfully. However, financial record-keeping is still a challenge for many small … Continued

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