Hardware Podcasts

101: Payment Processing for Small Hardware Manufacturers

Product Startup · 10 Nov 2021 · 26m

What this episode covers

Nic Beique, Founder and CEO of Helcim, explains how small hardware manufacturers can streamline payment processing to improve cash flow and customer experience. He details the differences between B2C and B2B transactions, advocating for flexible options like credit cards for smaller orders and bank payments for larger wholesale deals to minimize friction. Beique highlights Helcim's Interchange Plus pricing model, which offers transparency and lower rates by bypassing third-party markups, and discusses the emerging trend of B2B e-commerce platforms that allow retailers to place orders seamlessly online.

Most relevant to

early-stage companies

Topics

Mentioned

Companies
Helcim, Mako Design, Amazon, Shopify, AliExpress, PayPal
Also
Visa, Mastercard, American Express

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