If some founders or C-suite execs ever saw how their sales teams actually operate, they’d lose it.Most founders I’ve known in their early stages worked like crazy to keep the lights on, land customers, and make the company worth celebrating. Building anything from scratch takes pure grit. You fight for every client, every partnership, every inch of progress.But then you meet some sales teams…...
Would it be wise of me to allow access to a banking system/platform in beta for the general public to test?What could possibly go wrong?
Brokers (cars, planes, houses, boats, watches, etc) never have to worry about chargebacks, they get instant payment, free deposits and payment (compared to payment processors and marketplaces charging 2-10% per transaction).
We are currently onboarding luxury buyers, brokers, and brands you can check us out and apply to be part of the ecosystem. https://nezzapp.com
The reality is I won't dislike it if I knew about it beforehand but I didnt.
They went on to list a lengthy process for what I should do just so it doesn't happen in the future. Not ideal.
My web hosting service renewed my subscription by charging my bank account through an expired debit card. Why do banks give payment processors such power? It’s ridiculous!My leverage has always been to leave expired cards on file when I find it difficult to cancel a subscription. It's crazy that they can get around it.
I develop software and systems using legacy programming languages—Fortran and PHP (no offense). Please don’t hit me up; I’m not looking for a job.I was building a form and needed to prevent users from entering a value for "copay." Simple enough, right?<input type="text" name="copay" id = "copay" class="form-control" value="<?= set_value('copay',$child['copay']);?>" disabled />It...
Real time rails allow up to $10M in payments for almost zero dollars but banks add their premiums.
Does that answer your question?
I'm trying to understand why banks still charge account fees and card fees, especially when they don't seem to make significant profits from them.I started a fintech company focused on banking for luxury deals and worked with banking partners, so I've seen a lot of the industry from the inside. Still, I can't wrap my head around this.Why are these fees still prevalent? Are they just a relic of...