Stop Overpaying for Credit Card Processing

Are you paying more than you should for credit card processing? The answer for many businesses is yes. In this episode of Payments Podium, Kevin Olsen sits down with Jimmy Moore, CEO of FLO Business Solutions, to uncover the biggest mistakes business owners make when choosing a payment processor, understanding processing fees, and managing payment acceptance costs. From hidden fees and PCI compliance charges to cash discounting and dual pricing, this conversation is packed with practical advice that can save businesses thousands of dollars each year. In this episode, you'll learn: Why many businesses unknowingly overpay for payment processing How to identify hidden fees on your merchant statement Understanding effective processing rates PCI compliance and how to avoid unnecessary monthly charges Cash discounting vs. surcharge vs. dual pricing How to choose the right payment processing partner What banks and credit unions can do to better support their business customers The one strategy that can significantly reduce payment processing costs Whether you're a small business owner, banker, payments professional, or fintech leader, this episode provides practical insights to help you make smarter payment decisions and avoid costly mistakes. Guest: Jimmy Moore, CEO & Co-Founder, FLO Business Solutions