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Potential Future Of Electronic Payment Systems - Jeremy Lessaris #6056

Potential Future Of Electronic Payment Systems - Jeremy Lessaris #6056

FromKerry Lutz's--Financial Survival Network


Potential Future Of Electronic Payment Systems - Jeremy Lessaris #6056

FromKerry Lutz's--Financial Survival Network

ratings:
Length:
15 minutes
Released:
May 6, 2024
Format:
Podcast episode

Description

Kerry Lutz and Jeremy Lessaris discussed cost reduction in credit card processing. Lessaris explained his method of using machine learning to assess the profitability of current processors and negotiate lower fees without requiring businesses to switch processors. He emphasized the importance of regularly reviewing processing statements as pricing can change unpredictably. The conversation also delved into the intricacies of credit card processing fees, the predatory practices of companies, and the potential for alternative payment methods like cryptocurrencies and ACH transactions to offer solutions to these challenges. Paymentbrokers.com was mentioned as a resource for further information on these topics. Find Jeremy here: paymentbrokers.com Find Kerry here: FSN and here: inflation.cafe  
Released:
May 6, 2024
Format:
Podcast episode

Titles in the series (100)

The Financial Survival Network is dedicated to helping you build your financial fortress so that you can survive and thrive in the new economy. It's all about what's next!