Wondering how to secure your funds?

Join host Robin Eissler in this episode of The Boosted Volunteer Podcast, with the USIO team, featuring Julie Villariel, Tracy Rickman, and Clayton Clark, shed light on their role in payment facilitation services for software companies and businesses. As they navigate the landscape of choosing a payment processor, they caution merchants against hidden fees and complex contracts. Insights into Booster hub for club activities, clean billing statements, credit card fees, fraud prevention strategies, and personal anecdotes from large transactions to popcorn sale events enrich this insightful episode.

Drawing parallels with Square and Stripe, they emphasize USIO's unique touch, offering personalized APIs and dedicated support throughout the development process. They also delve into the nuances between credit card and ACH payments, underscoring the importance of Nacha certification for ACH transactions.

Tune in now!

Highlights:

(02:50) - Exploring USIO's role in credit card processing and its distinction from Square and Stripe.(06:10) - The differences between credit card and ACH payments.(09:57) - Tracy elaborates on USIO being Nacha certified.(10:56) - Clayton and Julie discuss best practices and potential pitfalls in credit card processing.(14:23) - The details of credit card fees and how USIO's fixed rate model works.(16:21) - Clayton explains card present vs. card not present transactions, emphasizing fraud and expenses.(17:54) Julie advises on fraud prevention, secure terminals, and customer communication.(19:54) - Best practices for online sales, including utilizing address and CVV fields and implementing rate-limiting.(22:08) - Secure point-of-sale terminals with encryption.(23:25) - Tracy’s story about a high-value credit card transaction.(24:53) - Team shares amusing anecdotes about unique credit card transactions.(25:29) - The impact of sports and extracurricular activities on personal development.

Julie Links:LinkedIn: Jullie VillarrealLinkedIn: Tracy RickmanLinkedIn: Clayton Clark