In the race to profitability, startups, at times, are pressed to resort to strategies benefiting their short-term bottom line at the expense of customers. On the membership cancellation front, we've taken the long view of siding with customers by making the cancellation process seamless, forcing us to focus on continuous product improvements, ultimately the best way to minimize churn. Thanks, Forbes, for highlighting our efforts. https://lnkd.in/ghQ2psSc
Grow Credit Inc.’s Post
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Wednesday Wonder: PayAid - Why Payment Gateways Matter Dive into our beginners guide to How Payment Gateways Work and why do they matter. 🌍 https://lnkd.in/gxKapzp9 #onlinepayments #paymentgateway #indianstartups #EmpowerWithPayAid #FintechLeaders #InnovateToThrive
A beginner's guide to payment gateways: How they work and why they matter
https://payaidpayments.com
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Credit card charge reversals are becoming more common as shoppers wise up to their recurring spending. That behavior is beginning to hurt #subscription-reliant startups. In this piece by Gabriela Barkho, we speak to Michael Mallon of Accertify, Inc., and Reba Hatcher of ButcherBox.
How subscription brands are battling record credit card debt and chargebacks
https://www.modernretail.co
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Guide To Start eWallet Startup Starting an eWallet business is your gateway to entering a lucrative and rapidly growing industry. From preparation to launch, and even scaling, each step requires meticulous planning and execution. By understanding the market, leveraging innovative features, and addressing potential challenges, you can build a platform that stands out. #eWallet #eWalletbusiness #eWalletStartup #eWalletApp #eWalletAppDevelopment https://lnkd.in/dh6SDMkN
How to Start an eWallet Business | Complete Step-by-Step Guide
https://www.ebizneeds.com/blog
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>>Fisker's (EV Startup) Fall: When Startups Forget the Basics<< The Fisker story is a cautionary tale for any startup. Losing millions in customer payments!? Vehicles delivered without collecting money!? Yikes! This highlights why even hot startups need those boring things like...you know...financial controls. >>The Takeaway: 1. Startups, chasing growth often forget about the foundation. 2. Sloppy accounting means lost revenue, angry customers, and a faster route to failure. It's Not Just Fisker: Think of all the promising startups brought down by neglecting governance (remember Theranos, anyone?). What Can Startups Do? - Hire Smart: Get those accountants and financial pros in early. - Document Everything: How payments work, how deals close – write it down! - Audit Often: Catch problems before they become disasters. This Fisker story is a wake-up call. Let's talk about how startups can build strong governance and avoid a similar fate! https://lnkd.in/g-hSusgi
Exclusive: Fisker spent months trying to track down millions of dollars in customer payments
https://techcrunch.com
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Navigating Payment Challenges as a Startup? As a startup, you know that managing payments can be a constant challenge. From juggling multiple platforms to ensuring timely payouts, the process is often cumbersome and time-consuming. These issues can lead to cash flow problems, frustrated stakeholders, and lost opportunities. But what if there was a way to streamline your entire payment workflow? At TandaPay, we understand these pain points. That’s why we've built a comprehensive payment solution designed specifically for startups like yours. With TandaPay, you can: ✅ Seamlessly collect payments from customers across all major networks ✅ Disburse payouts directly to any bank or mobile money account with ease ✅ Enjoy a flexible, reliable, and user-friendly platform that simplifies your entire payment process By partnering with TandaPay, you can say goodbye to payment headaches and hello to smoother operations, improved cash flow, and accelerated business growth. Don't let payment challenges hold your startup back. 👉 Learn more about how TandaPay can support your business and reveal the secret to unlocking your growth potential: [ https://lnkd.in/dEQS53xW ] #Startups #Fintech #Payments #B2B #BusinessGrowth #CashFlow
TandaPay Businesses
tanda.africa
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𝐈𝐬 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐏𝐫𝐨𝐜𝐞𝐬𝐬𝐢𝐧𝐠 𝐇𝐨𝐥𝐝𝐢𝐧𝐠 𝐘𝐨𝐮𝐫 𝐇𝐢𝐠𝐡-𝐑𝐢𝐬𝐤 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐁𝐚𝐜𝐤? 𝑾𝒆’𝒗𝒆 𝑮𝒐𝒕 𝒕𝒉𝒆 𝑺𝒐𝒍𝒖𝒕𝒊𝒐𝒏 𝒀𝒐𝒖 𝑵𝒆𝒆𝒅. Running a high-risk business can be a constant struggle—especially when it comes to payment processing. Traditional processors often refuse to work with you, or they impose exorbitant fees, chargebacks, and account freezes that prevent your business from thriving. PAYCLY Merchant Services understands the unique challenges high-risk industries face, and we’re here to help you overcome them. No more waiting for approvals, dealing with hidden fees, or stressing over account holds. With our solutions, you get secure, reliable, and cost-effective payment processing tailored to your needs, no matter what industry you're in. Whether you’re in e-commerce, subscription services, adult entertainment, or any other high-risk sector, we provide fast, seamless transactions, low processing fees, and 24/7 support. We specialize in helping businesses like yours keep cash flowing smoothly, so you can focus on what really matters—growth. 𝐄𝐦𝐩𝐨𝐰𝐞𝐫 𝐘𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐭𝐨 𝐆𝐫𝐨𝐰—𝐍𝐨 𝐌𝐚𝐭𝐭𝐞𝐫 𝐭𝐡𝐞 𝐑𝐢𝐬𝐤. Don't let payment processing roadblocks stop your success. With PAYCLY Merchant Services, you can trust that your payments are handled smoothly, securely, and efficiently. 𝐆𝐞𝐭 𝐒𝐭𝐚𝐫𝐭𝐞𝐝 𝐓𝐨𝐝𝐚𝐲! Stop worrying about payment processing, and start focusing on scaling your business. Contact Now with https://paycly.com/ #HighRiskBusiness #RiskyBusiness #HighRiskPayment #PaymentSolutions #PaymentProcessing #ChargebackPrevention #RiskManagement #BusinessSolutions #SecurePayments #FinancialSecurity #BusinessGrowth #EcommerceSolutions #EcommerceBusiness #SubscriptionServices #AdultIndustry #GamblingPayments #OnlineGaming #CryptoPayments #ForexTrading #CBDBusiness #TechStartups #DigitalServices #OnlineMerchants
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Lessons from the Trenches: SimpleDirect's B2C Journey 🚀 As a proud parent company, we've watched SimpleDirect grow and evolve over the years. Their latest venture, Evolve, a neo-bank alternative, was a whirlwind journey that taught them invaluable lessons about building B2C apps. In their latest blog post, SimpleDirect's CEO, George Pu, shares candid insights from their experience: 1. Let your users be your champions 2. Referrals are powerful growth engines 3. Fast iteration is key in B2C 4. Have a clear monetization strategy from the start 5. Don't just chase trends; solve real problems Now, armed with these learnings, SimpleDirect is contemplating a new B2C offering that focuses on solving a long-term, widespread problem. Read the full article to dive deeper into their journey and the wisdom gained along the way: https://lnkd.in/e2fFMyGc As an investor, it's always inspiring to see our portfolio companies learn, grow, and fearlessly take on new challenges. We can't wait to see what SimpleDirect builds next! 💪 #B2C #FinTech #Entrepreneurship #Startups #PortfolioCompanies
Building a B2C App: Our Experience, and How This Time It'll be Different
blog.getsimpledirect.com
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Well, this was unexpected… GoCardless has rejected our application because we're a startup. 🤯 Here's what I'm trying to build (screenshot below 👇) 🎯 The Goal: To give customers a seamless way to choose a payment plan, enter their details, and be redirected to a Direct Debit page. 🛠️ The Plan: WP Kadence Forms Pro for smooth lead capture. WPMail/Gmail for instant notifications and follow-ups. Manual CRM (for now). Custom Redirect to GoCardless. This enables the ability to scale quickly and somewhat automatically. ⚠️ The Problem: Application rejected. Appeal denied. No explanation beyond "Business infancy" 💡 The (Temporary) Solutions I'm Considering: ✅ Reapply and pad out the application with every relevant qualification we have. We just added #GasSafe registration before. ✅ Switch to Stripe or PayPal Subscriptions. ✅ Go manual: Capture details, send Direct Debit links individually. I’ve used GoCardless before for clients without any hassle. Sod’s law they’d give me grief for my own business. 😂 💬 Over to You: Have you faced payment provider rejections as a startup? Any hidden gems for recurring payments I might not have considered? #StartupLife #SmallBusiness #Payments #GoCardless #Entrepreneurship #BusinessGrowth
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How to Start a Payment Processing Business: A Beginner’s Guide #paymentprocessing #digitalpayments #fintech #entrepreneur #ecommerce #innovation #recurringrevenue #businessgrowth #technology #fraudprotection #nicheindustry #buildyourbusiness #paymentinnovation #startups #onlinepayments
How to Start a Payment Processing Business: A Beginner’s Guide
https://www.financial-news.co.uk
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Almost six years ago, Yoseph West and Paul Klicnik [VP of Engineering] founded a Toronto-based fintech startup, Relay. The US SMB market is highly competitive, with many native players vying to establish their presence within the sector and meet SMBs’ expectations through new offerings. So what motivated Relay’s Canadian founders to target the US market? West, Co-founder & CEO of Relay, shares insights into the company's target market in US SMBs, growth strategies, and the specific challenges associated with serving this segment. Read on for deeper insights from the story: https://t.ly/IrLPs #SMBs #CashFlow #Technology
How Relay, a Toronto-based neobank, is gaining ground in the US SMB market - Tearsheet
https://tearsheet.co
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