Payment insights, practical business guides and news from the Gulf Management Systems team.
Why Automated Payments Will Be a Benefit to Your Company
What Are Automated Payments Are you looking for a much simpler and seamless way to reduce the time and effort on paying bills? With automated payments, consumers can ensure that their obligations are taken care…
Build Your Community: Peer-to-Peer Fundraising Events
What are Peer-to-Peer Fundraising Events? Peer-to-peer (P2P) fundraising empowers individual supporters to raise money for nonprofit by reaching out to their personal networks. Nonprofits recruit volunteers to create personalized fundraising pages and solicit donations from friends, family,…
Types of Payments to Accept for Your Business
What is a payment? Choosing the right payment method can significantly impact your business. By offering various different amounts of convenient and secure options, it will help your business succeed! To first start out, let’s…
ACH vs. Credit Card Payments
No matter what type of products or services you offer, or how long you’ve been in business, every organization needs to accept payments! Although credit card payments and ACH payments allow you to manage recurring…
What is Subscription Billing Software?
Does your business collect recurring payments from your customers? If so, your business should utilize subscription billing software! Subscription-based billing has become a fundamental part of how businesses operate today. Learn about the benefits, types,…
Digital Wallets | Why Your Business Should Accept Mobile Payments
If you have ever gotten to the checkout line at the store only to realize that you’ve left your wallet at home, you are not alone! Thankfully, paying for transactions with your phone or other…
Giving Tuesday | 10 Campaign Ideas
Giving Tuesday is celebrated on the Tuesday after Thanksgiving every year. This year, we will celebrate this day of giving on December 3rd. Giving Tuesday was founded in 2012 by New York’s 92nd Street Y…
Payment Gateway | 5 Benefits of using a Payment Gateway
What is a payment gateway? A payment gateway is the technology responsible for authenticating and securely transmitting payment data between parties involved in the payment process. Essentially, a payment gateway is the “virtual” equivalent of…
Chargebacks | What is a Chargeback and how can I prevent them?
As a business owner, you are probably aware that your relationship with a customer doesn’t end right after they’ve completed their transaction. As soon as a customer decides to make a purchase, a series of…
ACH Payments | How to Set Up ACH at your Business
Do you collect recurring payments from customers or clients? Does your business accept large ticket purchases for products or services? If so, your business should be accepting ACH payments! In an ever-changing world of financial…