178 Revolutionizing Payment Systems for Your Construction Business

Join Host Mike Merril as he interviews CTO and Product Officer at Basys Chris Borchers and Executive Vice President of Partner Relations at Basys Kenny Thompson. They discuss the intricacies of payment processing systems and how businesses — especially in the construction industry — can save on fees and streamline their payment operations. They’ll dive into the steps involved in credit card processing, the evolution of payment technology and specific challenges faced by the construction sector. They also emphasize the importance of security measures like multi-factor authentication and PCI compliance.  Key Takeaways  • Explore the detailed steps involved in credit card processing, from the issuance of cards to the final funding stages. • Discover how businesses can achieve cost savings through the optimization of their payment processing systems. • Understand how Basys's high Net Promoter Score (NPS) significantly enhances customer retention efforts. • Learn the importance of seamlessly integrating payment systems with overall business operations. • Discover how to implement critical security measures such as Multi-Factor Authentication