Understanding Bill Payment Methods for Businesses

by Cheqly team | | Bill Payment Methods

Timely bill payment is crucial for businesses, as it enables them to build and sustain good relationships with suppliers while also managing their cash flow effectively. The most popular ways to accomplish this include ACH and wire transfers, as well as card payments, paper checks, and mobile payment apps. Each method carries its own fees, … Continued

What Is BIN Sponsorship? How It Works and Who Needs It

by Cheqly team | | BIN Sponsorship

The fintech industry continues to grow as businesses develop new digital financial products and payment solutions. According to Boston Consulting Group (BCG) and QED Investors, global fintech revenues grew by 21% in 2024, reaching a new stage of growth and maturity. As more businesses enter the fintech and payments space, launching card and payment programs … Continued

ACH Authorization Form: A Complete Guide for Businesses

by Cheqly team | | ACH Authorization Form

Electronic payments have evolved into the primary means of conducting transactions among businesses, vendors, and employees. Nacha reported that B2B ACH payments increased by almost 9.9% in Q2 2026, amounting to 2.2 billion transactions. Such growth is indicative of the significant role ACH is playing in the movement of funds in growing businesses, particularly due … Continued

What Is a Payment Service Provider? How to Choose the Right One

by Cheqly team | | Payment Service Provider

Statista projects that the worldwide digital payments market will reach US$37.45 trillion in total transaction value in 2026. As digital payments continue to expand, businesses need reliable payment infrastructure that supports the methods their customers prefer, protects sensitive payment data, and helps them manage processing costs and operational risks. Deciding on a good payment service … Continued

Authorization Holds Explained: How They Work in Card Payments 

by Cheqly team | | Authorization Holds

When you make a card payment, you often just hear a beep or see a confirmation message. Between those few seconds, there’s more happening behind the scenes. The transaction first goes through an authorization process to verify that the payment method is valid and that enough funds or available credit are available. As part of … Continued

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