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“Looking for a bank or payment processors” might be the most expensive post you have ever made

Updated: Jun 12

Hunting down PSPs on trade expos and via random Google searches might seem logical first. But only when we understand how PSPs work, we can recognise the real risks behind this act.

If anyone, who have less than 5 years hardcore high risk payment experience (mainly if this person is an accountant or a junior payment person) is aimlessly searching for a new payment provider for your company, trust me: you are in trouble. This is a dog-eat-dog industry where you have to know who to trust and who to avoid.


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