Talking Pools Podcast

Lee's Rampage - Pool Business Banking


Listen Later

Text us a pool question!

In this episode of Mondays Down Under, Lee is mad. The hosts discuss the evolution of payment methods over the years, reflecting on the transition from traditional methods like checks and cash to modern electronic funds transfers and cashless transactions. They explore the implications of these changes for businesses and consumers, including the rising fees associated with banking and the convenience of new payment solutions. The conversation also highlights innovative technologies that can streamline payment processes for service businesses, emphasizing the importance of adapting to the changing financial landscape.

takeaways

  • Payments have evolved from checks and cash to electronic transfers.
  • The convenience of cashless transactions comes with hidden fees.
  • Banks are increasingly charging for cash deposits and transactions.
  • The RBA is considering banning credit card surcharges for businesses.
  • Small businesses often bear the brunt of banking fees.
  • Innovative payment solutions like Pinch can simplify transactions.
  • Customers prefer automated payment systems for regular services.
  • The reliance on technology can lead to vulnerabilities in transactions.
  • Understanding banking fees is crucial for small business owners.
  • Adapting to new payment technologies is essential for business growth.

Sound Bites

  • "The RBA is about to change that."
  • "Are we becoming too dependent on this?"
  • "Pinch is a no brainer for a service business."

Chapters

00:00
The Evolution of Payment Methods

12:51
The Impact of Cashless Transactions

25:38
Innovative Payment Solutions for Businesses

Support the show

Thank you so much for listening! You can find us on social media:

  • Facebook
  • Instagram
  • Tik Tok

Email us: [email protected]

...more
View all episodesView all episodes
Download on the App Store

Talking Pools PodcastBy Rudy Stankowitz

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

104 ratings


More shows like Talking Pools Podcast

View all
The Ramsey Show by Ramsey Network

The Ramsey Show

38,993 Listeners

THE SAVAGE NATION by Michael Savage

THE SAVAGE NATION

12,142 Listeners

The Ben Shapiro Show by The Daily Wire

The Ben Shapiro Show

154,256 Listeners

The Way I Heard It with Mike Rowe by The Way I Heard It with Mike Rowe

The Way I Heard It with Mike Rowe

41,116 Listeners

Bedros Keuilian Podcast Show by Bedros Keuilian

Bedros Keuilian Podcast Show

2,280 Listeners

The Home Service Expert Podcast by Tommy Mello: $200 Million Founder|Forbes, Inc., Entrepreneur Columnist

The Home Service Expert Podcast

749 Listeners

The Pool Guy Podcast Show by David Van Brunt

The Pool Guy Podcast Show

133 Listeners

Shawn Ryan Show by Shawn Ryan

Shawn Ryan Show

43,968 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,841 Listeners

Rule Your Pool by Eric Knight

Rule Your Pool

87 Listeners

Pool Nation Podcast by Pool Nation

Pool Nation Podcast

45 Listeners

The President's Daily Brief by The First TV

The President's Daily Brief

3,343 Listeners

Pool Professionals Podcast by Pool & Hot Tub Alliance

Pool Professionals Podcast

3 Listeners

The Deep End Pool Podcast by The Deep End

The Deep End Pool Podcast

4 Listeners

PoolFoo Poldcast by PeteThePoolGuy

PoolFoo Poldcast

8 Listeners