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Navigating the Maze of Dual Pricing Payment Systems | CC Sales Pro James Shepherd Joins Us! | PEP020
Manage episode 399564511 series 3472843
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Ever wondered how the perplexing world of payment systems impacts your wallet and your business? Join me as I sit down with James Shepard from CC Sales Pro and legal expert James Huber, Global Legal's very own, to dissect the conundrum of dual pricing and the tussle between merchant rights and credit card company regulations. We're not just talking numbers; it's a battle of free speech and legalities, with personal journeys from lawn care sales to payment processing wizardry thrown into the mix for an unexpectedly delightful twist.
Tune in for a narrative that weaves from the evolution of door-to-door sales post Do Not Call legislation to the present-day quandary of differential pricing—where surcharges and cash discounts become hot potatoes in the hands of merchants and payment networks. This episode isn't just an exploration; it's an expedition through the complexities of sales strategies, the creation of educational resources, and the potential pitfalls of navigating Visa and Mastercard's intricate policies. It's a story of innovation, adaptation, and the occasional legal scuffle that could redefine the way we think about transactions.
Looking toward the horizon, we speculate on the future of payments in an era where niche experts could rule the roost. We're dissecting legislation like the Credit Card Competition Act and considering whether a shake-up is really what's needed in a market brimming with emerging technologies. Whether you're a seasoned pro or new to the game, this episode is your crystal ball into the next two decades of payments, where verticalization might just be the golden ticket to success in a specialized world.
Visit our friend and special guest James Shepherd of CC Sales Pro: https://www.ccsalespro.com/
Find PEP at:
https://www.globallegallawfirm.com/podcasts/
A payments podcast of Global Legal Law Firm
Chapters
1. Label Printing and Dual Pricing (00:00:00)
2. Payment Processing Complexity in Sales (00:02:40)
3. Visa's Stance on Pricing Regulation (00:12:34)
4. Legislation and Competition in Payments Industry (00:20:29)
5. The Future of Payments (00:28:54)
29 episodes
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