Risky Business: Understanding and mitigating risk in merchant services

Episode 4 October 30, 2023 00:36:01
Risky Business: Understanding and mitigating risk in merchant services
Payments Ground Game
Risky Business: Understanding and mitigating risk in merchant services

Oct 30 2023 | 00:36:01

/

Hosted By

Elaina Smith Kevin Smith

Show Notes

In today's episode, we'll be exploring the concept of risk in merchant services.  Why do applications get declined in underwriting?  Why do merchants get terminated after they've been processing for a while.  It all comes back to risk, so we discus the different types of risk, what makes one merchant account riskier than another, and ways that you can help your chances to get riskier accounts approved.

Other Episodes

Episode 12

May 14, 2024 00:28:47
Episode Cover

Decoding Acquiring BINs: From Setup to Daily Management

In this episode, hosts Kevin and Elaina Smith unravel the complexities of Acquiring Bank Identification Numbers (BINs) and their pivotal role in the payment...

Listen

Episode 17

May 13, 2025 00:32:48
Episode Cover

Going Direct in Payments: How and When to Secure Your Processing Agreement

In this episode, hosts Kevin and Elaina Smith roll up their sleeves to tackle one of the biggest milestones in the payments world: securing...

Listen

Episode 6

November 29, 2023 00:21:40
Episode Cover

Deciphering Customer Acquisition Cost for ISOs and Agents: The Math Behind Sustainable Growth

In this episode, hosts Elaina Smith and Kevin Smith take a close look at the crucial component of sales strategy: customer acquisition cost. They...

Listen