Monetize Your Payments
Monetize Your Payments
Greg Myers
Unbiased information for b2b vertical software companies to learn and understand the nuances of the payment facilitator space. When monetizing payments there are several different facets you have to consider, such as boarding, processing, user experience, legal, risk, business model, pricing, settlement, funding, analytics, reporting, and on and on. Do you fully understand what it takes to become a payments company? What are the risks versus the rewards? Can I make the investment in time, money and effort? These are just a few of the many questions you will need to answer. The bottom line is that monetizing your payments can be lucrative, but it isn’t easy and isn’t right for everybody. There are options besides becoming a registered payment facilitator. There are programs and companies that you can partner with and still create a revenue source without the risk. My goal is to provide you both sides of the story so to speak – so you make the best decision for your business. Along the way we’ll hear from software companies that have been successful integrating payments into what they do. You’ll hear their success stories, maybe what tripped them up and how they overcame challenges. This will also be a platform for service providers to talk about their views, opinions, products, services, best practices and more. If it goes on in the payment facilitator or payfac market and has anything to do with monetizing payments, we will be talking about it.
Nick Dennis, CEO of fitDEGREE | Episode 5
This is episode 5 of the Monetize Your Payments podcast and Nick Dennis, the CEO of fitDEGREE is our guest this week. Nick was born and raised in New Jersey and considers himself an accidental entrepreneur. He went to college to get a degree in math and become an actuary but today runs a software company. Nick sets the culture and strategy at the company and also helps set the direction of the product development efforts at fitDEGREE. fitDEGREE is a management software for class-based fitness studios like yoga studios, pilates and personal trainers. They help customers find classes, register and of course make payments while helping the studios owners manage their business.
Sep 22, 2020
30 min
Kris Riley, Head of Business Development & Platforms, Paystand | Episode 4
This is episode 4 of the Monetize Your Payments podcast and our special guest this week is Kris Riley, Head of Business Development and Platforms at PayStand. Paystand was founded in 2014 and is privately held, venture backed and recently had a series B with DNX Ventures and Battery Ventures. Paystand considers themselves a B2B payments network with the focus of being a “Venmo” for B2B payments – making it seamless and intuitive.
Sep 15, 2020
32 min
Omer Shatzky, Head of Billing & Payments at Wix | Episode 3
This is episode 3 of the Monetize Your Payments podcast and our special guest this week is Omer Shatzky the Head of Billing and Payments at Wix. Omer was born and raised in Israel and currently lives in Tel Aviv. He started in biotechnology and food engineering with the goal of combining his passion for cooking with science but after 5 years in the Israeli army he decided to pursue software development. Wix is a world-class platform for do-it-yourself website building that many of your I’m sure have heard of. Wix Payments is a payment service that allows their merchants to manage orders and payments from within the Wix ecosystem without needing third-party payment providers.
Sep 8, 2020
29 min
Angie Ammon, VP of Professional Services at Finix | Episode 2
This is episode 2 of the Monetize Your Payments podcast and our special guest this week is Angie Ammon the Vice President of Professional Services at Finix. Angie is mid-westerner and grew up in Cincinnati Ohio and went to school at Miami of Ohio and spent many years at Vantiv/Worldpay or what is now FIS helping to build out their payment facilitator model.
Sep 1, 2020
28 min
Randy Eckels, CEO of Clubessential Holdings | Episode 1
Randy Eckels the CEO of Club Essential Holdings is my guest on this episode. This is episode 1 of the Monetize Your Payments podcast. Payments is strategically important to their businesses which includes $4B plus in payments. They see less churn, improved margins and increased revenue and they have really reduced the friction in the customer experience.
Aug 25, 2020
31 min
Episode Zero "The Kickoff Episode"
The Monetize Your Payments podcast was created to provide you unbiased information, really a platform for you to learn and understand the nuances of the payment facilitator space. In this episode I provide an overview of what this podcast series will be all about and why I created this podcast.
Jul 7, 2020
4 min