Join me as I sit down with payment processing expert Michael Ramsey, who brings over 14 years of experience from WS Fargo and international payment startups. This comprehensive video discusses the essential steps to open, manage, and scale your online payment processing capabilities, offering insights that surpass what Stripe and similar platforms provide. Do you want to grow your business and pay no taxes without spending hours and hours learning how everything works on youtube? You can schedule a FREE discovery call with our team with the link below. We are hosting weekly Ask Me Anything sessions, you could for limited time access to them free of charge, if you want to expand your business and network, and have access to our Skool Group join us here: Join Compaytence Academy - Timestamps: 0:00 Introduction and guest background 0:28 Michael's journey in financial services and payment processing 1:23 Key advice for selecting and setting up payment processors 2:19 Starting with mainstream providers and when to transition 4:09 Managing higher-risk accounts and reducing shutdown risks 6:28 Scaling your business with appropriate payment solutions 8:14 Advice for maintaining active accounts in challenging markets 11:04 Exploring merchant of record providers for diverse needs ********** Check out JJames'stop recommended videos here. These are cornerstone videos that should answer many of your questions. -----Longer videos that explain it all! How to Legally Pay NO US Taxes - How to Legally Pay NO US Taxes (part 2) - -----Guides and How tos Annual reporting for a foreign-owned multiculti-members (Masterguide) - What is Form W-BEN, and why do I need it Which payments from US Companies are subject to withholding? How to complete Form W-8BEN - How to complete Form W-8BEN-E - How to get an ITIN - -----And don't forget to check out all of the"" "ALLS WITH JI""" ********** Looking for help with your SALES TAXES? Check out a couple of our videos on the topic - What are sales taxes? What is a resale Certificate , and Why do you Need it - How to get a Florida Resale Certificate, Part 1 - How to get a Florida Resale Certificate, Part 2 - How to file a DR-15 Florida Sales and Use Tax with 0 Sales - I get asked what company I recommend to help with sales taxes, and every time I mention Tax Jar. Once set up, the axe the jar can automatically complete all of my monthly sales tax filings. If you want to solve this problem forever, click this link to learn more about what they can do for you. ********** WEB ➤ YOUTUBE (EN ESPANOL) ➤ FACEBOOK ➤ LINKEDIN ➤ INSTAGRAM ➤ TIKTOK ➤ @jamesbakercpa ¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡ Lawyer Disclaimer (Occupational Hazard): This is not legal advice. Everything here is for informational purposes only and not to provide legal advice. You should contact your attorney for advice regarding any particular issue or problem.