
Episode 140: What You Need to Know About Payment Processing
What We Cover In This Episode:
What exactly a payment processor is and how it works within fitDEGREE [1:47]
Rates to be considered during the integration of the payment processor [3:08]
What to be aware of in terms of chargeback fees based on your business practices [5:09]
Tips for initializing your application as a small business to set up Payably [8:38]
Our thoughts on PCI compliance [9:25]
Quotes:
"In fitDEGREE's situation, where we're a software company that has many businesses underneath of us, we need to work with a payment processing partner to pull this relationship off." Nick [2:21]…
The skinny
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