What Information Do You Need for a Wire Transfer?

by Cheqly team | | Wire Transfer

Wire transfers are one of the most effective methods of transferring electronic money to businesses and people across the globe. They are the most trustworthy way of transferring money, especially if their counterpart does not live in the same country. There are many ways to send a wire transfer, including bank-to-bank transfers, wire transfer outlets … Continued

Automatic Bill Payment: How It Works and Why It’s Beneficial

by Cheqly team | | Automatic Bill Payment

Keeping track of bills is never easy, and failing to pay the bills on time may bring penalties. Worry not; Automatic Bill Payment will be your savior. So, what does it exactly mean? An automatic bill payment refers to a financial arrangement in which funds are automatically deducted from a bank account and used to … Continued

Top 10 Payment Trends to Look for in 2025 and Beyond

by Cheqly team | | Payment Trends

Today’s digital economy dictates clear tendencies towards seamlessness, simplicity, and trusted interactions. Mastercard said that consumers will not need to insert a physical card, type in a password, or enter a one-time code to make an online purchase by the end of the current decade.   Looking ahead to 2025 and beyond, key payment trends include … Continued

ACH vs EFT: What’s the Difference?

by Cheqly team | | ACH , EFT

Individuals and businesses in today’s fast-paced digital economy should understand the distinctions between ACH and EFT. While each is an actual electronic initiation of cash movement, how they operate and what they are used for distinguishes them. ACH is a specialized form of Electronic Funds Transfer whereby funds are moved in batches with an approximate … Continued

Top 10 Methods for Cutting Business Costs

by Cheqly team | | Cutting Business Costs

Minimizing business costs is critical in today’s economy, where even a difference of less than a few cents in income or expenditure can have a major effect on a company’s profitability. The best part is that achieving this does not require significant changes. For small businesses, profitability often comes from simple, clear strategies used in … Continued

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