Category: Vellis News

Text-to-pay is a modern, mobile-based payment solution that lets businesses send customers a secure payment link through a simple text message. Instead of logging into a portal or making a call, the customer just taps the link, enters their payment info, and they’re done, often in under a minute. It’s fast, easy, and designed for…

One of the most important parts of keeping your mental health business financially-healthy while providing care is improving patient collections. This is the entire journey of collecting payments from patients, starting from clear communication about fees to sending invoices, processing payments, and following up on overdue balances.

The demand for medical weight loss treatments is skyrocketing, fueled by the popularity of GLP-1 drugs like semaglutide (Ozempic, Wegovy) and tirzepatide (Mounjaro, Zepbound). With this surge comes tighter regulatory scrutiny for in-person and online clinics.

Currency movements can be both a blessing and a curse. A strong exchange rate shift can amplify your returns or completely erode them, regardless of how well the underlying assets perform. Fortunately, there’s currency overlay.

Starting an aesthetics business is an exciting step for beauty professionals and medical practitioners who want to blend art and science while building a profitable venture. 

A synthetic currency pair is created by combining two or more existing trading pairs to represent a new relationship that isn’t directly available on an exchange. Instead of relying on a pre-listed market like EUR/GBP, you could construct it using EUR/USD and GBP/USD.

If you’re curious about how businesses protect themselves from money lost when exchange rates change, then currency hedging is exactly what you need to understand. It’s a financial strategy that helps companies and investors lock in currency exchange rates to safeguard against the uncertainty of moving markets.

A currency basket is a deliberate mix of several currencies used as a reference point for valuation, hedging, or exchange rate management. Employed by central banks, multinationals, and global funds, currency baskets serve as a stabilizing tool, reducing excessive reliance on a single foreign currency. 

Speed and accuracy is essential in the financial world. Whether you’re transferring money across borders or paying local vendors, delays and errors can cost businesses both time and money. That’s where straight-through processing (STP) steps in.

Batch payment processing is a method of handling payments where multiple transactions are grouped together and processed in a single upload or submission. Instead of sending individual transactions one at a time, businesses collect payments and submit them together as a “batch.” This approach is especially popular in environments like B2B payment processing, payroll systems,…