The Payments Experts Podcast

Chargebacks are the bane of every merchant's existence, but what if you could turn the tides on this costly nuisance? Oscar Bello from Chargeback Gurus https://www.chargebackgurus.com/ brings his A-game to our latest episode, joining forces with our legal eagles Bryce Van De Moere and Christopher Dryden. Together, we dissect the chargeback battleground, arming you with the knowledge and strategies that could save your business from financial peril.

Navigating the chargeback labyrinth requires finesse and an understanding of the system that's often stacked against e-commerce warriors. With Oscar's specialized insights, we reveal the inner workings of dispute representation and analytics that Chargeback Gurus leverages to keep your hard-earned cash where it belongs—in your account. Our episode peels back the layers on Visa's new compelling evidence rules and how they're shaking up the game, possibly tipping the scales back in favor of merchants. 

Wrapping up with a look towards the horizon, we uncover proactive measures for chargeback management and the potential for industry evolution with technological and regulatory overhauls. For any merchant who's ever felt the sting of a chargeback, this episode is your shield and sword in the ongoing battle for financial justice. Tune in for an unmissable deep dive into the realm of payment disputes and come out the other side equipped to protect your business against the chargeback onslaught.

A payments podcast of Global Legal Law Firm

Do you ever wonder about the exciting world of electronic payments and the challenges faced by those who navigate it? Dive headfirst into an enlightening conversation with Rob Zeitler, the captain of Flex Payment Solutions, LLC, and James Huber, managing partner of Global Legal Law Firm. Listen in as we journey through the labyrinth of their services ranging from check processing, ACH, card payments, instant funding through Visa Direct, and an IVR pay by tech system. Absorb the surprising tale of how they stumbled upon the CBD market and their successful partnership with a franchise in this booming industry. 

Our conversation takes a turn towards the intriguing yet challenging world of CBD merchants and their quest for reliable payment processors. Rob offers a wealth of insights, shedding light on the intricacies of this business sector, the hurdles they encounter, and the unique solutions his company provides. Discover how they have partnered with a CBD-friendly bank and their strategic approach to merchants on the MATCH list. Hear about their selective merchant-acquisition process and how sub-agents play a pivotal role. 

Lastly, we journey deeper into the exhilarating yet tumultuous landscape of the electronic payments industry. Reflect on the idea of creating a database to keep track of individuals pushing boundaries, and how reputation and networking go hand in hand in this industry. As technology continues to evolve, so does the potential for growth in the FinTech sector. Understand the significance of responsible growth and how it aligns with the changing needs of today's merchants. As we wrap up, we discuss the importance of diversifying into different industries to mitigate risks and the potential threats businesses face in this ever-changing landscape. Keep your ears open for an engaging and informative episode that will leave you enriched and more adaptable in the dynamic world of sales and payments.

https://www.globallegallawfirm.com/

A payments podcast of Global Legal Law Firm

Ready to untangle the web of legal complexities in the payments industry? We've got attorneys Adam Bucci and Matt Luciani from Global Legal Law Firm joining us to dissect the difference between anti-trust and competition law, and the potential implications for big tech players like Amazon, PayPal, and Microsoft. They'll share their insights on recent legal cases, including a class action suit against PayPal that might just shake up merchant rights in the industry.

Strap in as we navigate the digital economy, merging banks and financial technology. We'll dig into the impact of the recent EO14036 executive order on tech mergers and acquisitions, and the parallel track laid by the European Union for privacy rights. Hear the surprising role of market share in competition law, highlighted by the Microsoft Activision deal. We'll also probe how US and EU laws might find common ground on data privacy and competition. Lastly, we'll break down the complexities of non-compete clauses in the industry and offer insights on how to steer through this ever-evolving landscape. This deep dive promises to arm you with the knowledge needed to stay ahead of the curve in the payments industry.

A payments podcast of Global Legal Law Firm

Ever wondered how Etsy's reserve payment policy impacts independent sellers? Journey with us into the depths of online commerce, as we unravel how small businesses are grappling with the changes in Etsy’s payment processing policies. With special guest Chiarra Lohr from the Indie Sellers Guild shining a light on the issue, we join Global Legal Law Firm attorney Bryce Van De Moere, and paralegal Serenity Wood, to discuss how recent policy shifts have left sellers with significantly reduced profits. Imagine selling an item for $17, only to be left with a mere $6 after deductions for reserve funds. 

Navigating the treacherous waters of online selling, we delve into the struggles that artisans face when trying to set up shop outside of Etsy. We explore the challenges of finding alternative platforms and marketing strategies and the sense of powerlessness sellers feel when policies negatively impact them. Chiarra provides valuable insight into the possible role of Silicon Valley Bank in Etsy's policy changes and emphasizes the necessity of collective voices like the Indie Sellers Guild in advocating for a fairer digital marketplace. 

Finally, we tackle the contentious issue of Etsy's reserve limits and the potential harm they pose to small businesses. We offer insights into possible solutions, such as raising awareness within Etsy, advocating for an appeals process, and even the possibility of a class action lawsuit. Chiarra encourages unity among merchants, emphasizing the power of shared stories in potentially alleviating the burden of seeking legal help. Join us on this enlightening journey as we underscore the urgent need for change in Etsy's reserve limits and highlight the steps that can be taken to initiate this change.

A payments podcast of Global Legal Law Firm

Discover the art of "making friends for a living" with Andrew Yu from Business Payment System in our latest podcast episode. It's not a usual sales tagline you'd hear, but listen in to Andrew as he explains how their unique approach, combined with the value added by their team of 10 attorneys, has helped their business thrive. We also get a glimpse into their services, the Paradise POS system, which is a processor agnostic, iPad based end of cell system.

What if you could offer revenue-based financing to small and medium-sized businesses? Emma Poulsen from ULand Financial Solutions shares how they're doing just that, and the crucial role they play in the current macroeconomic situation. Further, we hear from Robert Esminger, President of Executive Tech Lease Group, who shares his observations about the WSAA Conference 2023, with a focus on the emotional response sparked by Visa cap discussion and its resulting opportunities. 

Your business may benefit from the insights shared by Michael Hill from Discount Credit Card Supply, who enlightens us about their niche in the distribution industry, their varied service range, and the importance of ADA compliance. Wrapping up our enlightening discussions is Mark Miller, sharing his thoughts on the energy of the WSAA Conference, potential business prospects, and how Business Payment System can assist with their comprehensive business services. Don't miss out on this episode full of industry insights, experiences, and potential benefits!

Since 2008, and based in San Diego, CA, Global Legal has represented clients across the nation, and internationally, in the world of electronic payments.

ISOs, Fintech, payfacs, agents, merchants, processors, acquiring banks, and card brands, if these terms mean something to you, this podcast is for you!  If these terms aren’t so familiar, this podcast is even more for you!

We hope you enjoy this episode of the Payments Experts Podcast!

*****
New episodes twice a month!

If you’re interested in learning more about PEP and how Global Legal Law Firm may be able to assist you, please visit us at 

https://www.globallegallawfirm.com/

Give us a call at 888-846-8901 

or email us at [email protected]

Be sure to tell us you heard us here on the Payments Experts Podcast!


(The PEP Podcast is intended for education and entertainment – nothing said in this Podcast is or should be considered legal advice.  Please contact Global Legal Law Firm to schedule a free consultation.)

A payments podcast of Global Legal Law Firm

James Huber, Partner of Global Legal Law Firm, asks the tough questions, and Visa has to answer!

Did you ever wonder what is the rationale behind Visa's surcharge cap? You're about to find out as James Huber is joined on stage by Rob Johnson, Visa's chief rule creator, to take us behind the scenes of card payment industry. As we navigate the realms of cost acceptance, non-cash adjustment models and cash discounting, Rob illuminates the impact of the surcharge cap across various industries, and also clarifies the cost of PCI compliance. This conversation is not just about understanding the mechanics, it's about gaining insights into Visa and MasterCard's perception of the surcharge - a crucial aspect for anyone involved in the industry. 

Now, let's shift our focus to the nuances of dual pricing, and the inherent risks of non-compliance. With Rob's expertise, we delve into the importance of transparent pricing for consumers and the penalties tied to non-compliance. He shares valuable insights on card payment rules, underscoring the need for merchants to foster excellent consumer experiences. As we progress, we'll explore the legalities and requirements around surcharging and cash discounting - an aspect that often poses challenges to merchants. 

Lastly, we tackle the complexities of dual pricing, consumer perception, and how this influences business practices. Rob reveals the liabilities associated with EMV readers and how menu pricing can become a potent marketing tool. Our conversation also unveils what drives compliance regulation, consumer complaints made to Visa, and the fear of losing card transactions. To top it off, Rob demystifies the realm of debit and credit card transactions, alternative routing rights, and the requirement to display card pricing - crucial knowledge for anyone in the trade. So, tune in for a comprehensive understanding of the card payment industry, straight from the expert's mouth.

Since 2008, and based in San Diego, CA, Global Legal has represented clients across the nation, and internationally, in the world of electronic payments.

ISOs, Fintech, payfacs, agents, merchants, processors, acquiring banks, and card brands, if these terms mean something to you, this podcast is for you!  If these terms aren’t so familiar, this podcast is even more for you!

We hope you enjoy this episode of the Payments Experts Podcast!

*****
New episodes twice a month!

If you’re interested in learning more about PEP and how Global Legal Law Firm may be able to assist you, please visit us at 

https://www.globallegallawfirm.com/

Give us a call at 888-846-8901 

or email us at [email protected]

Be sure to tell us you heard us here on the Payments Experts Podcast!


(The PEP Podcast is intended for education and entertainment – nothing said in this Podcast is or should be considered legal advice.  Please contact Global Legal Law Firm to schedule a free consultation.)

A payments podcast of Global Legal Law Firm

Join us on an intimate conversation with payments guru, Garima Shah, founder of BillerGenie.com. Garima's journey in the payments industry is nothing but astounding - from peddling telecommunications to defending clients from class-action lawsuits in her own sales firm, to now, running her own successful merchant services. Not only does she share valuable insights from her enriching experiences, but also speaks candidly about her clients' triumphs in establishing their own payment organizations. This episode is ripe with lessons from the trenches of the payment industry. 
 
 Our captivating discourse with Garima extends to her times with Payment Alliance, where she made a significant impact by opening 17 offices. It was here that she got her first taste of M&A. She also shares the importance of having a solid exit strategy and the implications of signing an ISO agreement. Furthermore, Garima provides a peek into the changing landscape of the payments industry, particularly the entry barriers. We also shed light on the importance of understanding a payments business's enterprise value before purchasing, and the role of long-term incentive plans. Wrapping up the episode, Garima gives us a sneak-peek into her current venture, Biller Genie, and the customers they cater to with their integrated payments solution. This episode is a treasure trove for anyone interested in the labyrinthine world of payments!

Since 2008, and based in San Diego, CA, Global Legal has represented clients across the nation, and internationally, in the world of electronic payments.

ISOs, Fintech, payfacs, agents, merchants, processors, acquiring banks, and card brands, if these terms mean something to you, this podcast is for you!  If these terms aren’t so familiar, this podcast is even more for you!

We hope you enjoy this episode of the Payments Experts Podcast!

*****
New episodes twice a month!

If you’re interested in learning more about PEP and how Global Legal Law Firm may be able to assist you, please visit us at 

https://www.globallegallawfirm.com/

Give us a call at 888-846-8901 

or email us at [email protected]

Be sure to tell us you heard us here on the Payments Experts Podcast!


(The PEP Podcast is intended for education and entertainment – nothing said in this Podcast is or should be considered legal advice.  Please contact Global Legal Law Firm to schedule a free consultation.)

A payments podcast of Global Legal Law Firm

Curious about the intersection of the cannabis industry and payment processing? Join us as we unpack the intricacies with seasoned payment specialist, Ian Rassman. A fascinating journey into an industry ripe with potential and roadblocks alike, Ian's over 12 years of experience offers a fresh perspective on the 'green rush' that never materialized, the crucial role of passion, and the surprising involvement of state-level banks and credit unions.

We take the conversation a step further, exploring the future of cannabis payments, the unique tax differences compared to other industries, and the solutions available to retailers. If you've wondered why card brands shy away from the cannabis industry, the challenges of peer-to-peer payment solutions, or the obstacles consumers face at the till, this episode is for you.

Wrapping up a robust discussion, we delve into the world of activism with Normal, a national organization tirelessly advocating for cannabis reform. They are championing the Safe Banking Act and lobbying for a tax system that treats cannabis like any other industry. We also shine light on the organization's successful outreach programs that have assisted numerous veterans and cancer patients. Don't miss out on this enlightening conversation!

Since 2008, and based in San Diego, CA, Global Legal has represented clients across the nation, and internationally, in the world of electronic payments.

ISOs, Fintech, payfacs, agents, merchants, processors, acquiring banks, and card brands, if these terms mean something to you, this podcast is for you!  If these terms aren’t so familiar, this podcast is even more for you!

We hope you enjoy this episode of the Payments Experts Podcast!

*****
New episodes twice a month!

If you’re interested in learning more about PEP and how Global Legal Law Firm may be able to assist you, please visit us at 

https://www.globallegallawfirm.com/

Give us a call at 888-846-8901 

or email us at [email protected]

Be sure to tell us you heard us here on the Payments Experts Podcast!

(The PEP Podcast is intended for education and entertainment – nothing said in this Podcast is or should be considered legal advice.  Please contact Global Legal Law Firm to schedule a free consultation.)

A payments podcast of Global Legal Law Firm

What if you could navigate the murky waters of SEC regulations and the payments industry with ease? This episode brings you face-to-face with the insights of senior associate attorney Jarvis Lagman and associate attorney Bill Petti, as they dissect the impact of SEC subpoenas regulation on the payments industry. We chew on the complexities of how federal securities laws empower potential investors to make informed decisions, and how cryptocurrency has been labeled as securities by the SEC. Not stopping there, we explore the implications of activities and services related to payments that are subject to securities laws, and the obligations that tag along.

An understanding of the power dynamics between the SEC and the payments industry is crucial. Lagman and Petti help us unravel the pros and cons of various approaches to securities regulation and how one can guard themselves both ethically and legally. We take the conversation a notch higher, as we ponder on the respect accorded to the SEC and its potential to inhibit commercial activity. Also, we attempt to answer the question - is there more leeway to dispute rulings in a traditional court setting than in an administrative proceeding? And of course, we wouldn't leave you hanging without discussing the best practices to follow for your protection.

Let's not forget the bread-and-butter issues that affect businesses daily. We talk about how securities law applies to businesses raising funds or selling equity positions, regardless of whether they are public or private. We emphasize the importance of transparency and best practices in managing records, financial reporting, and accounting. We also discuss the absolute necessity for LLCs to have an operating agreement and the potential consequences of not having one. Wrapping up the episode, we give you insights into the rights you have during an SEC investigation and the different indemnification statutes that may be applicable. Stay tuned and equip yourself with this crucial knowledge.

Welcome to the Payments Experts Podcast!

A podcast of Global Legal Law Firm.

Since 2008, and based in San Diego, CA, Global Legal has represented clients across the nation, and internationally, in the world of electronic payments.

ISOs, Fintech, payfacs, agents, merchants, processors, acquiring banks, and card brands, if these terms mean something to you, this podcast is for you!  If these terms aren’t so familiar, this podcast is even more for you!

We hope you enjoy this episode of the Payments Experts Podcast!

*****
New episodes 1st and 3rd Thursdays!


If you’re interested in learning more about PEP and how Global Legal Law Firm may be able to assist you, please visit us at 

https://www.globallegallawfirm.com/

Give us a call at 888-846-8901 

or email us at [email protected]


Be sure to tell us you heard us here on the Payments Experts Podcast!

(The PEP Podcast is intended for education and entertainment – nothing said in this Podcast is or should be considered legal advice.  Please contact Global Legal Law Firm to schedule a free consultation.)

A payments podcast of Global Legal Law Firm

Ready to unfurl the secrets of reserve funds in the payments industry? This episode promises to arm you with the knowledge you need to navigate through the labyrinth of reserve funds, a concept that remains nebulous for many. Join us as we sit down with Bryce Van De Moere, senior associate attorney, and James Huber, a Global Legal managing partner, as they simplify this frequently misunderstood aspect of the payments industry. 

Dive into the deep end as we dissect reserve funds, illuminating their purpose and why they are paramount for risk protection. Bryce and James walk you through the significance of your merchant processing agreement (MPA) and explain how it affects your relationship with processors and banks. As the saga unfolds, we delve into the strategic art of negotiating reserve funds with processors. Not only do our experts enlighten you about the potential pitfalls of not having a reserve fund, but they also impart wisdom on how to expedite the release of funds. Bryce and James distinguish between a merchant's reserve account and a bank account, sharing potent strategies to protect your funds from a potential processor seizure. If you're a merchant, processor, an acquiring bank, or just intrigued by the payments industry, this episode is tailored for you. Tune in and embark on a knowledge expedition into the fascinating world of reserve funds.

A podcast of Global Legal Law Firm.

Since 2008, and based in San Diego, CA, Global Legal has represented clients across the nation, and internationally, in the world of electronic payments.

ISOs, Fintech, payfacs, agents, merchants, processors, acquiring banks, and card brands, if these terms mean something to you, this podcast is for you!  If these terms aren’t so familiar, this podcast is even more for you!

We hope you enjoy this episode of the Payments Experts Podcast!

*****
New episodes twice a month!

If you’re interested in learning more about PEP and how Global Legal Law Firm may be able to assist you, please visit us at 

https://www.globallegallawfirm.com/

Give us a call at 888-846-8901 

or email us at [email protected]

Be sure to tell us you heard us here on the Payments Experts Podcast!

(The PEP Podcast is intended for education and entertainment – nothing said in this Podcast is or should be considered legal advice.  Please contact Global Legal Law Firm to schedule a free consultation.)

A payments podcast of Global Legal Law Firm