Optio’s Free Debt Collection Consultations

Businesses can pay a heavy price for in-house debt collection operations. Regardless of the success rate, internal production costs of time, labor and collections technology divert critical resources towards indebted consumers and away from revenue growth. Companies with delinquent consumer accounts that aim to funnel all resources towards profitability may benefit from the services of…

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data security

A Summary of Data Security Standards (PCI DSS 3.2)

The Payment Card Industry Security Standards Council was established in 2004 as an alignment of individual data security programs operated by Visa, MasterCard, American Express, Discover and JCB. The council developed the Payment Card Industry Data Security Standard (PCI DSS) to promote “cardholder data security and facilitate the broad adoption of consistent data security measures globally.”

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The Profile of a Successful Debt Collector

Customers are the vital spark of business, providing the revenue that supports sustained success and growth. When customers fail to make full or partial payments on goods or services, it can adversely affect cash flow and hinder progress. Businesses that respond to unpaid charges with in-house receivable efforts often lose crucial time and profits because…

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