Insights on Payment Processing with Colton Page

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   Thanks for listening, and Please Share this Episode with someone. It would really help us to grow our show and share these valuable tips and strategies with others. Have a great day.   George Wright III “It’s Never Too Late to Start Living the Life You Were Meant to Live” FREE Daily Mastermind Resources: CONNECT with George & Access Tons of Resources Get access to Proven Strategies and Time-Test Principles for Success. Plus, download and access tons of FREE resources and online events by joining our Exclusive Community of Entrepreneurs, Business Owners, and High Achievers like YOU. Join FREE at www.JoinTheEvolution.com 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, where he honed his skills in communication, discipline, and relationship-building. With a dual bachelor's degree in International Business and Finance, Colton has been instrumental in driving innovation and growth at PlatPay, including creating niche solutions like Payment Cowboys. Passionate about adding value and fostering genuine connections, Colton is committed to helping businesses thrive in an ever-evolving marketplace. Guest Resources: Website: https://www.platpay.com/ Facebook: https://www.facebook.com/p/PlataPay-61559829641515/ Instagram: https://www.instagram.com/platpay/ Linkedin: https://www.linkedin.com/company/platpay About George Wright III: George Wright is a Proven, Successful Entrepreneur- and he knows how to inspire entrepreneurs, companies, and individuals to achieve Massive Results. With more than 20 years of Executive Management experience and 25 years of Direct Marketing and Sales experience, George is responsible for starting and building several successful multimillion-dollar companies. He started at a very young age to network and build his experience and knowledge of what it takes to become a driven and well-known entrepreneur. George built a multi-million-dollar seminar business, promoting some of the biggest stars and brands in the world. He has accelerated the success and cash flow in each of his ventures through his network of resources and results driven strategies. George is now dedicated to teaching and sharing his Prosperity Principles and Strategies to every Driven and Passionate Entrepreneur he meets. His mission is to Empower Entrepreneurs Globally to create Massive Change and LIVE their Ultimate Destiny.