3 payment trends to watch for in 2020 A new decade is upon us, and the payments landscape is changing FAST. Here are our 3 payment trends to look out for in 2020. Shifting focus from P2P to B2B Peer-to-peer (P2P) payment services have become increasingly popular, especially in the U.S., as companies like Zelle and Venmo have become household [...] Learn about ACH payments In this post, we’ll take a look at what ACH payments are and how your business can benefit from using this mode of payment. What are ACH payments? Automated Clearing House (ACH) payments are an electronic transfer of funds between banks. These payments are transferred through the United States ACH network, which connects thousands [...] 4 accounting tips for small business owners To run a successful business, you need to keep your books up to date. That being said, entrepreneurs often struggle in this area, and risk falling behind when focusing on growing their small business. But good news! There are some tried-and-tested tips that can help you stay on top of your company’s financial health and [...] What is Accounts Payable?
When companies make purchases from vendors on credit that has to be paid back in the near future, the accounting entry is referred to as accounts payables. This number is added under current liabilities in the balance sheet. A company’s accounts payables department is responsible for issuing payments owed to vendors and suppliers. In this […]With your business network, comes great responsibility Today is a good day. You're happy with Ablii’s simple, low-cost, and easy way to make payments. But did you know, that through the power of your own network, you can further improve your payables and receivables process? And not just your payables and receivables, but that of each member of your business network? Let’s [...] 5 ways for small businesses to better compete with the ‘big guys’ As a small business owner it can be intimidating even thinking about how to compete with the big business that leads your industry. Every industry has at least one giant with more spending power and resources than their competitors. It may seem that this giant company has the upper hand in both the physical and [...] Ablii at the Small Business Expo, San Diego The hidden costs of checks Given that the B2B payments industry is valued at around $127 trillion, you’d be surprised to learn that the industry continues to use outdated payment solutions – like checks. However, some business owners may not know that check payments have several hidden costs associated with them. There is also an inherent lack of [...] Ablii- now available in the U.S. and Canada The cost of a wire transfer We scoured the web and compared the prices of 5 major banks in both Canada and the U.S. to see who offers the best deal, and guess what? No matter the bank, consumers are still stuck spending an arm-and-a-leg for wire transfers. Plus, in most cases, banks also charge the recipient a fee to accept [...]