In this episode of “The Encore Entrepreneur,” Lori interviews Derek Chard, owner of TWC Payments, to explore the complexities of credit card processing for small business owners, particularly coaches and consultants. They discuss the importance of understanding fees, transitioning from platforms like PayPal to traditional processors, and the necessity of clear contracts to prevent chargebacks.
Derek emphasizes the benefits of negotiating fees and funding times, and the role of technology in streamlining payment processes. The episode aims to empower entrepreneurs with knowledge to make informed decisions about payment processing and manage associated risks effectively.
Connect with Derek:
Derek’s Website
LinkedIn: Derek Chard
Resources:
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