Building My Payment Brand
I own a small payment processing company. And I want to slowly push my brand. I know the payment market is saturated. Most if not all companies offer the same services. But either way I want to board more clients with out having to cold call or send out spam.
Here is my idea.
Make an iOS and Android app that does basic payments using Stripe and with my service. Once a month I'll run a report which tells the user if it is cost effective to switch from Stripe to my service based off their monthly fees.
Any additional thoughts or ideas?
Would paying for marketing with the money I would have to spend on building the app be a better solution?
Note: I would probably be building this myself over the next several months.
I've always wondered about this kind of thing:
How do you make the charges on people's cards? Are you connected directly to Visa/Mastercard or how does it work?
Long story short yes, I'm on Visa and Mastercards network.
Online, the gateway facilitates the payments with the processor which is linked to a merchant account.
I set the processing rates above the interchange fee.
Can email me if you have any more questions.
This comment was deleted 6 years ago
It has similar API as Stripe, Customer Vault, Credit Card Tokenization, Fraud Detection.
You would have to sign up for a merchant account for your country
that is also compatible with my gateway. You would be billed your gateway fees via Credit Card unless you set up a US Transfer Wise account.
If you have more questions or want to be updated, shoot me an email.