Prospecting Merchant Services (With NO Experience)

There is a catch! In order to build a big residuals portfolio in the payment processing industry, you will need to get to work, prospecting! In this video, Rich Norton, one of the top merchant services agents in the industry, shares the best prospecting tactics for new agents in the payments industry. Listen in as we discuss how to prospect for new merchant accounts in order to build your portfolio.
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#payments #paymentprocessing #salestips

[@pawellipka1674]

Thankyou for this, started last week already getting clients

[@GauseyYT]

I started this week good luck to you bro

[@pawellipka1674]

@@GauseyYTThankyou bro it’s not easy just keep going, my friend who started 6 years ago pulls 100k/month

[@ronaldportillo448]

Do you do it remotely?

[@GauseyYT]

@@pawellipka1674 hey bro update i got about 4 accounts this month. Pretty decent ones too, almost able to do it full time now

[@GauseyYT]

@@ronaldportillo448 you can do cold calls but most effective is just walking into businesses

[@seanthetraveler]

This doesn’t work in a large city. In a large city, you must go in as a technology consultant offering software integration solutions that will assist in streamline your business.
He’s using a network marketing approach and selling on price. That doesn’t work in high volume businesses in 2024.

[@pawellipka1674]

I started last month in nyc it works

[@seanthetraveler]

@@pawellipka1674what exactly did you say???

[@pawellipka1674]

@@seanthetraveler it’s not one size fits all but I just say we stopped here because we just picked up a business as client close to here and see who else might need help, then ask who do they use, how long they e had it and if the system was perfect what would be different about it.. I do this for 6-8 hours once a week, every week consistently because I have a full time job.. but so far have 8 clients and I only started last week of April

[@GauseyYT]

In some cases yes i think you are correct, but it honestly depends on the vertical you go after

[@seanthetraveler]

@@GauseyYT WHEN THE MERCHANT ASKS YOU, “OH YEAH WHO ON MY AREA IS YOUR CLIENT???”. Will you then be prepared to lie and cover up your dishonesty in your pitch???
Just go in with honesty and offer your services by knowing what value you bring to them. You must go in with a consultative approach. Unless you’re just going to small businesses who don’t need nor have a POS Solution.