Why has Biz Core debited your account?

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Discover our loan management software capabilities

Learn about the features included in our complete online loan management system and how they can benefit your business.

 

 

Loan Origination

Get customers onboarded faster with fast processing, unlimited cloud storage, e-signatures, automation, and more.

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Loan Servicing

Streamline the loan servicing process and keep things running smoothly. Our loan servicing features are built to save you time, money, and effort.

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Loan Book Management

Our simple and intuitive system makes loan book management easy. Single-point customer records, payment automation, and cash flow visualisation are just the beginning.

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Loan Lifecycle

A complete end-to-end lending platform to support you through every stage of the digital lending journey.

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Why Use BizCore Online Loan Management Solution

Security

Your data is safeguarded using the multilayered Microsoft Azure Cloud Security. With built-in security controls and real-time global cybersecurity intelligence to rapidly identify and stop new threats.

No Set Up Fees

Only pay for what you use. With a $0 set-up fee and no monthly fees for features that you’ll never use. (credit back – first invoice is 99 once you reached that) as credit back

Easy Integration

No need for 3rd party solutions, we have the tools to integrate all phases of the loan process into one simple payment system.

Real-Time Control

Make live changes as you work. Real-time data to keep you in the know and in control.

Scalable & Flexible

Our payment processing solution is built to scale with you to meet your adapting business needs. So you know you’re secure for life.

PCI & DDC Compliant

Certified compliance for direct debit payment systems to keep your networks secure and cardholder data safe.

100% Aussie Owned & Operated

Our digital lending solutions are all done locally to meet your uniquely Aussie business needs.

Online payment processing FAQs

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Are recurring payments automatic payments?

Automatic payments can encompass various types of transactions, including recurring payments, one-time payments, and instalment payments. However, recurring payments specifically refer to transactions that occur on a recurring basis, typically with a fixed amount charged at regular intervals until the customer cancels or modifies the arrangement.

Why do recurring payments fail?

Recurring payments can fail for various reasons, including:

Insufficient funds

Expired or invalid payment information

Payment gateway issues

Bank or card issuer restrictions

Account holds or restrictions

Billing address mismatch

Payment authorisation issues

Subscription cancellations or changes

System or software errors

Communication failures

To mitigate recurring payment failures, businesses should ensure that they have a comprehensive payment processing system in place, like Biz Core.

Contact us today for a free live demo and for more information on how we can help your business streamline your payment processes.

Can a debit card be used for recurring payments?

Yes, debit cards can be used for recurring payments. When you provide your debit card information for a recurring payment, the merchant or service provider will typically request authorisation from your bank to charge your card at regular intervals (e.g., monthly, quarterly, annually) for the specified amount.

Read more: Setting up direct debit for small business

Why is sports membership payment software important?

Sports clubs have a range of fees and costs that need effective management. From day-to-day payments to competitions to club fees and membership, there are a lot of payment structures that need to be accounted for. A sports club payment system is built to meet these unique needs and make payment processing and collection simple.

 

Read more: Why is a Sports Payments System Important?

What fees can be charged on a credit card account?

Credit card issuers may charge various fees associated with credit card accounts. These fees can vary among different card issuers and may include the following:

Annual fees

Interest charges

Penalty fees, such as late payment fees and overlimit fees

Transaction fees, including foreign transaction fees and cash advance fees

Miscellaneous fees, such as balance fees and returned payments fees balance

However, fees can vary based on the card issuer, the type of credit card, and the terms of the card agreement. So it’s important to check with your card issuer to confirm what fees you may be charged.