It’s been long since I last blogged. I have been busy undergoing a long and laborious training for my new business. I finally managed to get away from everything and concentrate on what I love doing. Since I started getting interested in payment systems back in 2001, I have never stopped to wonder what it would look like if a company existed with a mission to help merchants; to be on the merchants' side.
It has been a good ride working with various merchants the last few days. I have been helping merchants to interpret their credit card statements, calculate their actual processing fees, and I could see their eyes opening wide as they discovered that they were actually being lied to. This one client I worked with had his credit card processing rate stated as 1.65%. A closer look at the statement revealed unbelievable hidden fees. The total? 3.8% for every transaction. It was a sad discovery. As soon as I left, the merchant was on the phone grilling his credit card processing company. I am yet to hear what happened.
This job has been very rewarding. Naturally I like helping people but I had never done it as a career. It sure feels so good to help and at the same time earn a living from doing so.
To all my clients I say, “thank you for giving me a chance to serve you”
Thursday, July 23, 2009
Cutting it short
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