Payments Archives

7 Common International Payment Mistakes Small Businesses Make

by Cheqly team | May 25, 2026 | International Payment Mistakes

International payments are part of the daily routine for small businesses growing worldwide. Whether it is paying foreign contractors, suppliers from other countries, or managing remote teams, cross-border transactions are an essential part of expansion. Global payment flows amounted to $194.6 trillion in 2024, and they are expected to reach $320 trillion by 2032. However, … Continued

What Are Transaction Fees and How to Manage Them

by Cheqly team | May 11, 2026 | Transaction Fees

Electronic or digital payments are so common that businesses today can accept payments with ease. The convenience and quick nature of digital payments attract more customers and boost sales. At the same time, it comes with a hidden cost, the transaction fees. These transaction fees may seem small on a per-transaction basis. When combined over … Continued

ACH Return Code R20 and How to Avoid It – Guide

by Cheqly team | May 5, 2026 | ACH Return Code R20

ACH payments have become an integral part of the modern payments ecosystem, with 35.2 billion transactions processed in 2025. At this scale, even a small mistake can cause major disruptions. Accuracy is critical, as any errors in payment details may lead to returns and processing delays. One of the main reasons for returns is ACH … Continued

ACH Payroll for Businesses: Process, Benefits, and Setup Guide

by Cheqly team | May 3, 2026 | ACH Payroll

As your business expands, managing payroll gets a lot more complex and time-consuming. A small team setup that worked for you yesterday can become a total headache today with more employees and payment methods to deal with. Nearly 92.7% of US workers receive their wages via direct deposit, making it the dominant method for payroll … Continued

Top 10 Payment Processing Tips for Small Businesses

by Cheqly team | April 22, 2026 | Payment Processing Tips

Effective payment processing is a decisive factor in the success of a small business. The manner in which a firm receives, processes, and tracks payments has a direct influence on the flow of cash, customer satisfaction, efficiency in operations, and sustainability in the long run. For instance, over half (52%) of small businesses say that … Continued