EP172 | Credit Card Processing

Philip Holan, CEO of Payment Collect, joins host Mark Monroe on this episode of the Real Estate Power Play Podcast to break down the truth about credit card processing and merchant fees.If you’re a business owner or planning to become one, this episode is a must-listen.With over 20 years in the payment industry, Philip exposes what most merchants don’t know about interchange fees, hidden markups, auto-renewal contracts, equipment traps, and how processing companies really make their money.In this episode, you’ll learn: • How credit card processing actually works behind the scenes • Why merchants unknowingly overpay in fees • The dangers of long-term contracts and proprietary equipment • How to negotiate and lock in better processing rates • What to look for before choosing a merchant providerPhilip also shares how Payment Collect integrates with QuickBooks and helps businesses reduce processing costs while maintaining full control.Listen now and learn where real commercial opportunities are being created.#SellerFinancing #sellerfinancingstrategies #markmonroe #realestateinvesting #realestate  #cashflow #realestatetips #RealEstatePodcast  #PhilipHolan #PaymentProcessing