Trick or Treat of Payments

The ‘Trick or Treat’ of Payments

Ghost and goblins and ghouls – oh my! Halloween is upon us, and with that, there are frights around every corner.

Before you look away, we wanted to unmask some misconceptions of the payments industry. What are the tricks, what are the treats? How can you tell the difference?

Tricks on Tricks

No payment company should have tricks up their sleeves, but a few do. While your company probably won’t get teepeed by them (the act of throwing roll upon roll of toilet paper at something), you may get stuck in a long-term contract paying hidden fees.

The devil is in the fine print. So break out your Sherlock Holmes costume and investigate your contract before signing on the dotted line. Things to look for are hidden fees, how they handle chargebacks, settlement, and what their cancellation policy is.

The worst trick of all comes down to their support. If their support lines sounds more like C3PO taking the call then Princess Leia, you can be sure you are going to be ghosted.

Treats, for me? Why you shouldn’t have.

If you only look for free candy on Halloween, you are missing out. Free fraud tools will not only keep you protected; they are guilt free. Plus, you don’t need to borrow a kid to get them (we actually prefer it if you don’t).

Another treat? Leaving a bowl of candy outside is a nice gesture, but why not take it a step further – open up your whole house! The equivalent treat in the payment world is finding a payment company that has open source developer portal allowing for greater collaboration and customization. What better treat is there than that?

Last but not least, find a payments company with a magical crystal ball. By being able to predict the future, they will ensure you always have industry-leading payment tools.

No clowning around here, you need a payment provider who isn’t hiding what they are under a costume. If you need help shedding some light on your situation, or even someone to check for monsters under the bed, contact us.

Be safe, and Happy Halloween!

Nicole Stright

Nicole Stright

Nicole is our coffee dependent content specialist. With a quick-witted way with words, she could make you enjoy reading an instruction manual. She was born American, raised Canadian and has lived briefly in Poland. A quintessential west coastian she can be found running the seawall, practicing savasana in yoga or enjoying an over-hopped I.P.A. Nicole is responsible for all of the bean puns as well as creating compelling copy driven by analytics that converts. She strives to simplify the complicated and wants readers to easily understand the often convoluted industry of payments.
Nicole Stright