The Payments Guy
Welcome to “The Payments Guy” — your ultimate guide to navigating the convoluted world of payments. Have you ever felt confused when reviewing your merchant account statement, understanding the role of payment gateways and processors, or dealing with customer disputes and chargebacks? You’re not alone! Each episode, we’re here to demystify the complex world of payments, bringing you top insights from industry experts and sharing real life payment horror stories that will help you make better informed decisions around accepting payments for your business.
Join in every other Thursday as we tackle the toughest questions and challenges in the payments space. From learning how to minimize the impact of disputes and chargebacks to exploring alternative payment solutions and ancillary services, The Payments Guy offers practical advice and solutions to help you successfully navigate the payments world. Plus, we'll feature interviews with experienced business owners and industry expert who provide valuable tips and tricks for streamlining your payments processes.
Whether you're looking to grow your business, avoid getting ripped off by your merchant services provider, or just want to understand the payments ecosystem better, “The Payments Guy” is your go-to resource.
Say goodbye to funding holds and pushy service providers —tune in and let us show you the money!
The Payments Guy
Episode 5: Inside the ISO: How Payment Consultants Help Merchants Succeed
Did you know that working with a payment consultant can significantly enhance your ability to navigate bank relationships and maintain your payment processing capabilities? In this episode, join Jason Selby, payments consultant and founder of Runaway Payments, as he discusses how partnering with a consultant can help merchants thrive in the complex payments landscape. You'll learn about the crucial role of payment consultants, the benefits they bring to merchants, and how to effectively manage the relationship with banks to ensure uninterrupted processing.
In this episode, these questions and topics will be covered:
• 1:19 - Overview of Jason's background and what led him to establish his consultancy firm.
• 3:27 - The benefits of working with a payment consultant instead of navigating the banking landscape alone.
• 10:16 - The value of having a consultant to foresee and manage potential issues before they escalate.
• 12:52 - Challenges processors face with registered merchants and the importance of established relationships.
• 14:23 - Identifying red flags for banks and how startups can scale responsibly with the right guidance.
• 30:55 - Real-life examples of merchants who navigated challenges successfully or failed to do so.
• 34:00 - The importance of maintaining good relationships with both banks and processors.
• 41:12 - Final takeaways for merchants on how to foster positive relationships with their banking partners.
If you found this episode insightful, please leave a rating or review on your preferred listening platform and share it with other business owners! Let’s empower more merchants to succeed in the payments landscape.
Jason’s Links
Website: https://runwaypayments.com
Email: jason@runwaypayments.com
Connect with PayDiverse:
Instagram: https://www.instagram.com/paydiverse
Website: http://www.paydiverse.com
LinkedIn: https://www.linkedin.com/in/franksena
