109. "Payment Processing: Navigating the Financial Fast Lane" with George Csahiouni

Dawn talks with George Csahiouni. With over 23 years of experience in sales to the fintech industry,  with a specialized focus on payment processing, and as a sales expert and chief revenue lead, George has been instrumental in driving sales and revenue growth for ISOs and various businesses. Dawn and George talk about what your costs are and things related to payment processing.

In this episode…

Who is George and whom does he serve? (00:59).   

We've been seeing a lot of trends where businesses are starting to charge whenever they run a payment online or credit card. What those fees are for?  (1:23).

It’s becoming more mainstream that if you're gonna transact business with a small business they going to give you a percentage to run your card, are you seeing this maybe to discourage people from doing online or payment fees at the terminal?   (6:22).

For business owners who want to absorb the fees (Cost plus or interchange plus program), what is the strong rate in today’s market? (10:11). 

Every 3months or every 6 months, shop your current provider doesn’t necessarily mean that you have to switch payment processors (15:38)

Financing from SBA due to the idle loans and stuff has been reduced, what are you seeing in the marketplace now? (16:48). 

Benefits of financial products (19:21)

Let’s talk about a line of credit and this revolving credit what’s the difference about this and how it can also be beneficial? (23:53)

Once you get a line of credit at a particular interest rate, does it reset? (26:19).

George Csahiouni’s Information.

LinkedIn: www.linkedin.com/in/george-c-43277758

Youtube: https://www.youtube.com/@GeorgeCsahiouni/about

Website: https://swoopbusinesssolutions.com/

Facebook: https://www.facebook.com/swooppay/

Landline: +1 877-707-9667