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Viktoria S. Feb 6, 2025
Knowledge Share
Last active in the past 7 days
Last active in the past 7 days
Payment introducers are hurting the industry!

These "introducers" are not doing you a favor—they’re cashing in on secret commissions while putting your business at risk. The bigger issue is accountability—because there is none. There incentive to match businesses with the right provider: who pay the most.
Your business, your money, and your ability to operate are on the line.
This approach hurts everyone—the Providers, the Business, and the Industry!
Payment and banking must be handled by educated professionals who understand compliance, risk management, and long-term business strategy—not by brokers looking for a quick payday.
Businesses that ignore this reality will learn the hard way. And by then, it will already be too late.
Read my article for more information: https://www.linkedin.com/pulse/hidden-cost-free-merchant-bank-account-openings-why-payment-soltesz-7h4hf

The Hidden Cost of "Free" Merchant and Bank Account Openings: Why Payment Introducers A...

"Need a PSP? A new bank account? We’ll open it for you—completely FREE! Contact us today." It’s a tempting offer.

 

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