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Insights on Payment Processing with Colton Page
Description
In this episode of the daily mastermind, George Wright III talks with Colton Page, Chief Sales Officer and co-owner of PlatPay, about the intricacies of the payment processing industry. They discuss Colton's transition from door-to-door sales to leading a merchant processing company that has handled over a billion dollars in transactions. Key topics include the importance of understanding the payment landscape, creating redundancy in banking, fraud prevention, and staying updated with rapid technological changes. Additionally, they delve into Payment Cowboys, a niche initiative aimed at bringing transparent and tailored payment solutions to the Western and cowboy communities.
00:39 Colton Page's Background and PlatPay Overview
02:41 Journey from Door-to-Door Sales to Chief Sales Officer
04:35 The Importance of Sales Skills for Entrepreneurs
10:17 Building PlatPay and Differentiating in the Market
12:28 Understanding Banking Redundancy in Merchant Processing
16:08 The Pitfalls of Relying Solely on Stripe
17:06 Dealing with Chargebacks and Fraud
19:15 Adapting to Rapid Changes in FinTech
21:33 Introducing Payment Cowboys
24:11 Balancing Growth and Client Relationships
29:13 Future Goals and Vision
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George Wright III
“It’s Never Too Late to Start Living the Life You Were Meant to Live”
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About GUEST:
Colton Page
Colton Page is the Chief Sales Officer and Co-owner of PlatPay, a leading merchant processing company with over 20 years of experience and more than $1 billion in transactions. Known for his resilience and hands-on leadership, Colton’s journey began in door-to-door sales