So you’re curious about the world of merchant services? It’s a fast-paced, technology driven industry that offers a lot of rewards for those who are passionate about helping businesses succeed. But it’s also a field full of surprising facts and figures you might not expect.
Form the Home Office in Last Chance, Iowa
Here are 10 fun facts about Selling Payment Processing:
10. You’re a Problem Solver: It’s not just about selling credit card processing. You’re helping businesses find the right solutions for their payment needs, whether it’s navigating PCI compliance, setting up online payments, or finding the best POS system.
9. Every Day is Different: From small mom-and-pop shops to large e-commerce businesses, you’ll interact with a diverse range of clients across various industries. No two days are ever the same!
8. You’re Part of a Growing Industry: The merchant services industry is constantly evolving with new technologies and payment methods. Think contactless payments, mobile wallets, and even cryptocurrency!
7. Residual Income is Your Friend: Many merchant service providers offer residual income on the accounts you bring in. This means you continue to earn money month after month, as long as your clients are processing payments.
6. You’re a Tech-Savvy Guru: You’ll need to be comfortable discussing technical concepts like payment gateways, EMV chip technology, and data security.
5. Relationship Building is Key: Building trust and rapport with your clients is crucial. You’re not just selling a product, you’re building long-term partnerships.
4. You’re an Independent Entrepreneur (Often): Many merchant service sales positions offer flexibility and autonomy. You can often set your own hours and work independently.
3. You Can Make a Real Difference: By helping businesses accept payments efficiently and securely, you’re playing a vital role in their growth and success.
2. Continuous Learning is Essential: Staying up-to-date on industry trends and new technologies is vital for success in this ever-changing field.
And the #1 Fun Facts About Selling Payment processing is …
1. The Earning Potential is High: For those who are driven and successful, merchant service sales can be a very lucrative career path.
Bonus Fun Fact: Did you know that the first credit card was introduced in 1950 by Diners Club? It was initially made of cardboard!
Have a great weekend,
David
Payment Lynx Daily 