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4 Reasons You Need a Scalable Payment Platform
Payment platforms are often rigorously designed for a number of factors, including security, speed, reliability, and more – but one of the most integral factors for any payment platform isn’t what you may think – it’s scalability. What makes a platform scalable is its ability to handle oncoming work that grows and develops. Similar to […]
What’s a payment channel?
Since all of our recent chatter about omni-channel is centered on multiple channels, here’s a quick breakdown on payment channels and what we offer. A payment channel is basically any way that a customer might make a payment or anywhere that you (as a merchant) might accept a payment. This is slightly different from retail […]
SEC Code Glossary: A Quick Guide to Entry Class Codes
In the world of electronic payments, NACHA (National Automated Clearing House Association) governs and dictates the regulations for processing electronic transactions through the Federal Reserve. The regulations are very serious, utilized in legal proceedings regarding transactions and relied upon by banks, payment processors, and both federal and state governments. NACHA keeps the order for the […]
Forte Places 2nd in The Strawhecker Group’s “Best in Breed” API Set Award
A payments gateway needs to be easy to use, fully functional and intuitive for developers. Today, The Strawhecker Group (TSG), an industry leader in payments consulting and analytics, released their 2021 “Best in Breed” API Assessment, powered by the firm’s Gateway Enterprise Metrics (GEM) platform. Part of the assessment centered around evaluations of API Sets. […]
CSG Forte and Nacha: A Partnership to Modernize the ACH Experience
It’s no secret that ACH payment volume is on the rise. Last year alone, there were 24.7 billion ACH transactions, totaling $55 trillion. This year, ACH payment volume grew 7.9 percent in Q2 compared to the same period last year. Even with those astonishing numbers, there is still room for growth through the modernization of […]
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