by LexActum | Apr 4, 2021 | Industry News & Info, Processor Tips & Insights
Many forward-thinking law firms have come to realize that consumers’ preferred forms of payments are credit cards, debit cards, and ACH payments. They prefer to use their cards everywhere–online, over the phone, and in person. As a result, these law firms have...
by LexActum | Mar 21, 2021 | Law Firm Efficiency, Payment Technology, Processor Tips & Insights
Paper checks are so 20th century. But you’re a 21st-century law firm. So why are you stuck in the past? Every time you accept a paper check, your firm is forced to waste time creating the deposit and going to the bank. And because a bank run is a hassle, you probably...
by LexActum | Mar 14, 2021 | Credit Card Processing, Processor Tips & Insights
While convenience fee and surcharge laws vary from state to state and from one card issuer to another, just because you can charge your clients a fee for paying with a credit card, does it mean you should? We’ll look at the pros and cons of charging a fee to...
by LexActum | Feb 14, 2021 | Processor Tips & Insights
One of the most compelling reasons to accept online payments is that your clients have come to expect it and appreciate that convenience. According to a recent study conducted by Fiserv, a global financial technology company, “Speed and security of payment options are...
by LexActum | Feb 7, 2021 | Credit Card Processing, Processor Tips & Insights
If you’re a bit confused and bewildered about unexpected fees and charges that may be turning up in your credit card processing statements, you’re not alone. Recent research by Law Technology Today, an online publication of the American Bar Association,...
by LexActum | Jan 24, 2021 | Credit Card Processing, Processor Tips & Insights
The days of sitting at the kitchen table writing checks to pay bills are long gone for most people. In fact, research shows that 80% of people prefer to use credit or debit cards for their transactions. ¹Yet, law firms have been slow to adopt these methods. In a...
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