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 11: Beyond Stripe, Square, and PayPal: Finding the Right Payment Processor for Your Business
Did you know that some businesses are considered "high risk" by payment processors, making them more likely to face sudden account shutdowns and frozen funds? In this episode of The Payment Guy, Frank shares why certain industries are labeled high-risk, the pitfalls of popular payment processors like Stripe and PayPal, and the steps you can take to secure a reliable payment solution for your business. If you've ever worried about losing access to your funds overnight, this episode is a must-listen!
In this episode, these questions and topics will be covered:
- 00:50 – What makes a business "high-risk" and why banks and payment processors flag certain industries.
- 06:49 – How to find a payment processor that understands and supports your business and why working with a payment consultant can help save you time and money.
- 08:11 – Common mistakes merchants make that lead to payment processing issues and what you need to know about working with high-risk processors.
- 16:38 – Proactive steps to ensure uninterrupted payment processing and financial stability.
Running a high-risk business doesn't mean you have to struggle with payment processing issues. With the right knowledge and partners, you can build a strong foundation for your business and keep your revenue flowing smoothly. If this episode gave you valuable insights, please leave a rating and review and consider sharing it with a fellow business owner who could benefit.
Connect with PayDiverse:
Instagram: https://www.instagram.com/paydiverse
Website: http://www.paydiverse.com
LinkedIn: https://www.linkedin.com/in/franksena
