Avoid Merchant Processing Mistakes That Cost You Thousands | Jarrod Randolph

16/06/2025 39 min

Listen "Avoid Merchant Processing Mistakes That Cost You Thousands | Jarrod Randolph"

Episode Synopsis

Visit pamjordan.com to schedule a call with our team.✖️✖️✖️In this episode of Pivot to Profit, Pam Jordan sits down with real estate powerhouse and serial entrepreneur Jarrod Guy Randolph to uncover the hidden profit leaks in merchant processing—and how business owners can reclaim thousands each year. With nearly 25 years of experience, over $300 million raised, and $2 billion in deals closed, Jarrod shares his journey from struggling with money as a kid to building multiple successful businesses in real estate and financial services. Discover how Jarrod pivoted from luxury real estate to launching Box Fi, a consultancy that helps entrepreneurs save on payment processing, and learn the most common (and costly) mistakes business owners make with credit card fees.Pam and Jarrod break down:The difference between fixed, variable, and dual pricing modelsWhy “tap to pay” could be costing your business more than you thinkHow dual pricing and passing on fees (legally) can put 1-3% of your revenue back in your pocketReal-life examples of clients saving thousands per month—and when passing on fees isn’t the right moveIndustry secrets about merchant processing contracts, software integration, and how to negotiate lower feesWhy reviewing your payment systems every 6–12 months is crucial for maximizing profitPlus, Jarrod answers rapid-fire questions on profit, growth, and the best money advice he’s ever received.✖️✖️✖️💡 Meet the Experts:Pam Jordan is the CEO of Pivot Business Group, helping entrepreneurs understand their numbers, increase profits, reduce taxes, and build wealth through strategic financial planning.Jarrod Guy Randolph is a real estate and financial services entrepreneur, founder of Box Fi, and an advisor who’s helped clients save millions by optimizing their payment processing systems.✖️✖️✖️Recommended Videos:If you liked this episode, you'll love these videos:– How to Put Your Kids on Payroll and Save Thousands in Taxes: https://www.youtube.com/watch?v=Y1mvyHCnFWY– How To Hire Your Kids To Immediately Reduce Your Taxes! (Step by Step): https://www.youtube.com/watch?v=6nKN_AD21kQ– $15000 IRS Loophole for Parents (Legal But Nobody Does It): https://www.youtube.com/watch?v=iardyOuyxxo✖️✖️✖️Want More Financial Clarity?YouTube: https://www.youtube.com/@pamjordancfo?sub_confirmation=1LinkedIn: https://www.linkedin.com/in/pamjordanInstagram: https://www.instagram.com/pamjordancfo/Facebook: https://www.facebook.com/PamjordanCFO/Want to know if your business is overpaying for merchant processing, or have questions about dual pricing and fee structures? Let us know what you’d like to explore next!✖️✖️✖️Key Takeaway:Don’t accept merchant fees as a “cost of doing business.” With the right strategy and expert guidance, you can keep more of what you earn and build a more profitable, resilient business.

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