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The Goldilocks of Payment Processing
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On the episode of the Monetization Matrix I discuss the steps necessary to consider as you start taking payments online.
TLDR: Start small and expand the services you need as your business and customer needs grow
Key Learnings:
- You can start with an out-of-the-box solution like Shopify, SquareSpace to get started selling online
- If you want a dedicated processor, look for an easy to use company like Stripe or Braintree to get the ball rolling
- Make things manual where possible
- Expand your payment capabilities to international coverage if you see a business value
- Reach out to others and seek guidance - there is a big community of folks in and around small businesses that want to help
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