The profit of your business depends on your ability to control and manage expenses.
The key – when you own the token, you have the power to change processors at any time
It’s difficult and expensive to change processors. They tokenize your subscribers’ payment information with a unique token to their gateway, then confuse or hide their fees when you want to make a change. When you find a better rate or processor, it should be easy to make the switch, right? And you would want your billing vendor to be in a position to make this switch quick and painless. Here’s the key – when you own the token, you have the power to change processors at any time.
A significant expense for any ISP, telco, or gym is payment processing. Changing processors can be monumental, expensive, and kill your cash flow. Even worse, your subscriber’s payment data belongs to your payment processor.
