Ever wondered how a career switch can lead to unprecedented success? Tune in to our latest episode of the Payments Experts Podcast to hear the incredible journeys of Eric Andrade and Brian Beth from BankCardUSA. These industry veterans reveal how mentorship guided them from unexpected backgrounds—Eric from a drug rehabilitation center and Brian from the family liquor business—into the dynamic world of payments. You’ll also get an insider’s perspective on the niche nature of the payments industry and the critical role that industry conferences like ETA play.

What sets BankCardUSA apart in a competitive market? Discover their secret sauce: a "white glove treatment" for merchants that redefines exceptional customer care. We break down the structure of merchant fees and uncover the lucrative residual income potential for agents, making compelling comparisons to the insurance industry. Learn about the common pitfalls merchants encounter with companies like Square and get clarity on the MATCH list misconceptions. Eric and Brian share invaluable tips on navigating these challenges, ensuring merchants can thrive and maintain smooth payment processing.

Curious about what's next in payment technology? We discuss the critical importance of transparent communication and immediate response times, especially for merchants in crisis. Hear about the hurdles high-risk businesses face and the innovations on the horizon aimed at reducing costs and streamlining processes. From outdated Mastercard match rules to the complexities of integrating with major processors, this episode sheds light on the evolving landscape of payment technology and offers a hopeful outlook for the future. Don’t miss this action-packed episode filled with expert advice, industry secrets, and forward-thinking insights!

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A payments podcast of Global Legal Law Firm

Discover the surprising world of Bitcoin's early adopters and their unconventional use cases! From car dealerships to strip clubs, we uncover the intricate issues of chargebacks and fraud in these sectors. This episode features a special guest, Anthony Dominguez from AMP Payment Systems, who shares his unique Airbnb investment strategy and the recent changes in Airbnb's payment system. We also dissect the murky waters of junk fees in payment processing, particularly the complexity of interchange rates that merchants face.

AMP Payment Systems' innovative approach to merchant services is a game-changer. Anthony elucidates their mission to provide flexible, solution-oriented services for both low and high-risk accounts. We tackle the unique challenges faced by merchants on the TMF list and AMP's commitment to tailored solutions. Post-COVID, the credit card processing industry has evolved, and AMP's adaptability is highlighted. This episode dives into the criteria AMP considers when forging partnerships, emphasizing the necessity for flexibility and innovation.

High-risk merchant accounts, the future of cryptocurrency payments, and the importance of trust in business form the crux of our discussion. Anthony shares a personal journey from the mortgage industry to payments post-2008 market crash, underscoring the sector's unpredictability. We explore the potential resurgence of crypto under different political landscapes and why widespread adoption remains challenging. Finally, we shine a spotlight on AMP's mission to support businesses with dedicated customer support and strategic solutions, making this episode a must-listen for anyone interested in the payments landscape.

Visit our friends over at AMP Payment Systems: https://amppaymentsystems.com/

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A payments podcast of Global Legal Law Firm

Unlock the secrets of payment facilitation and discover how trust shapes our financial decisions. Join us as James Huber and Jeremy Stock sit down with the Chief Sales Officer, Brandon Zorner, of Exact Payments, who offers an insider's view into the role of non-bank entities like Western Union in delivering secure financial services. Why do some people prefer cash transactions and non-traditional financial services? Find out how trust factors come into play and why these alternatives remain popular.

Ever wondered how payment facilitators like Exact Payments streamline merchant onboarding and payment processes? We unpack the intricacies of the Payfac model, using Toast, a restaurant software platform, as a prime example. Learn what it means to be a "merchant of record" and how efficient onboarding and compliance add significant value. We also contrast these modern solutions with traditional payment gateways and merchant accounts, highlighting their advantages and challenges.

Finally, journey with us through the diverse landscape of business payment solutions. Our guest shares their fascinating career path, from working in Bolivia for a crowdfunding company to joining Western Union in San Francisco. Explore Western Union's ongoing relevance and the trust factors that keep it viable amidst modern payment alternatives like Venmo and Zelle. We also delve into the implications of new systems like FedNow and RTP, shedding light on how Exact Payments helps businesses integrate these advanced solutions. Don't miss out on these invaluable insights into the evolving world of payments!

Visit our guest: Exact Payments https://exactpay.com/

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https://www.globallegallawfirm.com/

A payments podcast of Global Legal Law Firm