11 episodes

Most ISOs are built on the foundation of a successful and productive sales force. But as they grow, many struggle to build an effective and efficient operational back office to adequately support those sales.
On Payments Ground Game, we go under the operational hood of payments ISOs. Let's take a deep dive into the operational tactics you can use to strategically scale performance and the bottom line of your ISO.

Payments Ground Game Kevin and Elaina Smith

    • Business
    • 5.0 • 4 Ratings

Most ISOs are built on the foundation of a successful and productive sales force. But as they grow, many struggle to build an effective and efficient operational back office to adequately support those sales.
On Payments Ground Game, we go under the operational hood of payments ISOs. Let's take a deep dive into the operational tactics you can use to strategically scale performance and the bottom line of your ISO.

    Disrupting the Payment Industry's Legacy Tech Stack: An Inside Look with Secure Bancard CTO Billy Boozer

    Disrupting the Payment Industry's Legacy Tech Stack: An Inside Look with Secure Bancard CTO Billy Boozer

    On this episode of Payments Ground Game, hosts Kevin and Elaina Smith are joined by guest, Billy Boozer, the new CTO at Secure Bancard.  Billy shares his expertise on the vital role of customizable, API-oriented payments and the importance of prioritizing merchant experiences.  He highlights the benefits of integrating AI, maintaining operational efficiency, and the necessity of adapting rapidly to technological advancements.  We also delved into how businesses can leverage agility to outmaneuver larger enterprises and the significance of close collaboration among technical teams.  
    Join us as we unpack the challenges and opportunities facing the payments industry today, and learn how businesses like ours are staying ahead of the curve by prioritizing flexibility, customization, and a holistic merchant experience. Get ready for an episode filled with practical advice, personal stories, and strategic insights that could help propel your business forward.

    • 47 min
    The Power of Intentional Growth in the Payments Industry: The SONA Story

    The Power of Intentional Growth in the Payments Industry: The SONA Story

    In this episode, we delve deep into the core of what makes a business thrive.   Join us as we unpack the journey of Ryan O'Leary, owner of SONA,  based in Nova Scotia. We shed light on the art of scaling with soul, diving into the differences between the Canadian and U.S. ISO market, and unpacking why quality always trumps quantity.
    Key Takeaways:
    - Maintaining Values at Scale: Learn how SONA upholds exceptional service and clings tightly to its founding values, even as it navigates the complexities of expansion.
    - Insights into Canadian Payments and Sales Models:  Ryan O'Leary gifts us with an exploration of the Canadian market's banking infrastructure and sales strategies, contrasting them with the U.S. approach.
    - Future-Focused Partnerships: We discuss the shift toward tech-forward payment solutions, emphasizing the synergy between ISVs and payment providers.
    Tune in to hear about Ryan's transformative leadership practices, SONA's approach to sales that focuses on solid customer relationships, and the exchange of some fine Canadian whiskey and lobster promises.   And, if you enjoy our conversation around charting a course through authentic growth and staying true to your service ethos, don't forget to support us by sharing this episode and leaving your ratings and reviews.
    To learn more about SONA, visit https://sonapay.ca/
    To connect with Ryan O'Leary: https://www.linkedin.com/in/ryanoleary1/

    • 49 min
    Navigating Industry Shows: Networking, Transition, and Tradition with John McCormick

    Navigating Industry Shows: Networking, Transition, and Tradition with John McCormick

    In this episode of Payments Ground Game, we welcome John McCormick, a seasoned industry connector who played a pivotal role in establishing the Southeast Acquirers Association (SEAA.)  The SEAA revolutionized the way Independent Sales Organizations (ISOs) engaged with products and networks when it was founded back in 2001. 
    The inception of this initiative was driven by a practical need: the challenge for salespeople to reach and connect with the numerous ISOs scattered across regions. The Annual SEAA Conference became a space where ISOs could convene to explore offerings, share industry insights, and enjoy a communal atmosphere without the typical hustle of their sales routines.
    In the episode, we talk about why the regional shows are great for networking for a variety of different professions, ways you can use the shows to stay fresh on updates in our industry, and we even give a few recommendations on how you can get the most out of the upcoming show. 
    So tune in, go ahead and register right after you listen, and we’ll look forward to seeing you in New Orleans!

    • 38 min
    The Evolving ISO Model: A Look at Payment Processing's Future

    The Evolving ISO Model: A Look at Payment Processing's Future

    In this episode of Payments Ground Game, hosts Kevin & Elaina Smith are joined by a special guest, James Shepherd, a well known industry expert who’s behind a few different successful businesses including ISO Amp and CCSales Pro.
    In this episode, we talk about the significant shift in the ISO model over the past few years and do some forecasting about what’s to come. 
    We talk about the trend of point of sale systems transitioning from being predominantly processor agnostic to now favoring integrated payment solutions.
    Private equity firms are honing in on this, which is changing the profitability landscape for processor-agnostic POS companies.
    James shares details around his venture into the self-storage sector, unveiling the lessons learned from an initial failure and then, his strategic comeback. This example really helps shed light on the specialized focus required in our industry today and the growing importance of vertical solutions.
    We'll explore the changing ISO model and the future of payment processing, delving into the necessity for operational efficiency and scale. Plus, we'll cover the recent industry shifts, such as traditional gateway and terminal providers directly entering the market, upending old strategies and prompting a rethink on partnerships.
    So, get ready to challenge the way you think about the ISO model and uncover what it takes to navigate this industry moving forward.
    Stay with us as James Shepherd brings his perspective to the Payments Ground Game. 

    • 31 min
    Building a Lasting Payments Business: Strategies for Sustainable Growth

    Building a Lasting Payments Business: Strategies for Sustainable Growth

    In this episode of Payments Ground Game podcast, hosts Kevin and Elaina Smith explore the rugged terrain of long-term strategies and goal setting. We delve into the art of building your business with patience, prioritizing strong foundations over flash-in-the-pan success. We talk smart financing—equity, debt, and key partnerships—while highlighting the inevitable trade-offs, like maintaining control versus aggressive expansion. Always remember, align your business aspirations with personal values and long-term visions. And never underestimate the power of a well-matched business partner. Whether you're gearing up for growth or eyeing an elegant exit, it's your game plan that dictates your success. 

    • 30 min
    Deciphering Customer Acquisition Cost for ISOs and Agents: The Math Behind Sustainable Growth

    Deciphering Customer Acquisition Cost for ISOs and Agents: The Math Behind Sustainable Growth

    In this episode, hosts Elaina Smith and Kevin Smith take a close look at the crucial component of sales strategy: customer acquisition cost. They share insights on how to calculate this important number and discuss the implications for strategic decision-making. Using real-life examples and practical tips, they guide ISOs and agents on understanding the cost of acquiring new clients and balancing it with potential revenue. Tune in to learn how to effectively manage marketing spend and ensure a positive return on investment in the pursuit of new business.

    • 21 min

Customer Reviews

5.0 out of 5
4 Ratings

4 Ratings

aaronwhoever ,

Brass tax direct and easy to apply

No flashy high level out of touch conversations but useful content

Moe Robin ,

Moe Robin

Very Informative Podcast with hosts that have a lot of industry experience to Share.

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