Baer’s Crest LUDOVIC VUILLIER Founder of Baer’s Crest
We all know the struggle businesses have when it comes to finding payment processors for their venture. There are so many hurdles to deal with when choosing a provider: • • • • • • • • • •
Ludovic Vuillier Founder of Baer’s Crest
Will they accept your business in the first place? What are their regulatory requirements? Are their fees not too exorbitant? What is their policy in dealing with chargebacks and disputes? What are their decline rates for cards? Are they known for paying out on time? Do they regularly freeze or block funds and kick out clients? What are their currency options? What locations can they accept payments from? How often do they pay out?
All of these questions are important, and finding a solution which can deal with most of them in a good way is crucial. After all, cashflow is the lifeblood of your operation, no matter what your business is. Without revenue, you can’t pay your supplier, you can’t pay your partners, you can’t pay your employees and you can’t pay yourself. Without revenue, you have no profit. And if you don’t have profit - why be in business in the first place? Now, for argument’s sake, let’s imagine you have found a payment processing company that gives you the best
