Payment Processing Terms Explained for Business Owners 2025

In this episode, Frank covers the essential payment processing terms high-risk merchants need to understand to avoid hidden fees, bad pricing models, and costly mistakes. From interchange rates to chargebacks, PCI compliance to flat-rate pricing, Frank simplifies the jargon so you can make smarter decisions, reduce your costs, and protect your business. In this episode, these questions and topics will be covered: 01:30 – What a merchant account and payment gateway actually are, and why unders...