Searching...
12 results for “payment processing”
Yeah. And until ACH where the banks would sort of all meet once a day and decide, okay, how much do I owe you? How much do you owe me in aggregate? Okay. Let's just settle one transaction, and then we'll figure out all of our internal accounting ours
12:31 / 13:50
from transcript12:31 – 13:50
So the sales drafts get handed to the licensee. So you've got let's say you're running a department store and keep going with the Illinois example that you said. So you're running a Chicago department store. After a whole day of sales, you've got a b
54:32 / 55:45
from transcript54:32 – 55:45
...While the system works well enough for most transactions, it still suffers from the inherent weaknesses of the trust based model. Completely nonreversible transactions are not really possible. Think about chargebacks on credit cards all the time. Lik
32:15 / 33:18
from transcript32:15 – 33:18
brand body. K. Their job is not to deal with merchants. Their job is not to take any risk. Their job is not to push any paperwork. Their job is to keep the system running. They're they're taking 25 basis points Right. Or 15 basis points off a Walmart
45:45 / 46:48
from transcript45:45 – 46:48
...full payment thirty days after the sale, if it's a three month installment, the merchant will receive a third of the sale amount every thirty days. And if it's four installments, then a quarter. And for a twelve month installment, the merchant isn't
49:32 / 50:34
from transcript49:32 – 50:34
...anyone, digital payments, cloud native, sub 500 latency, and 99.999% uptime. Today, that bet has paid off with a $12,000,000,000 valuation and 65 plus merchants each processing over $1,000,000,000 annually. 65 doing over 1,000,000,000 annually is ins
2:12 / 3:19
from transcript2:12 – 3:19
...payment wires and checks come to, and they take batches of them every couple days. They process them automatically using computers. Also, imagine what a crazy cool system that would have been in 1959 that just because I have your bank information, I
17:14 / 18:20
from transcript17:14 – 18:20
...payments. Obsessing over data, chasing basis points, and compounding learnings over time, and that discipline is paying off. 2025, checkout.com processed over 300,000,000,000 in total volume, up 64% year over year, and returned to full year EBITDA pr
2:03 / 3:17
from transcript2:03 – 3:17
...digital payments, cloud native, sub five hundred millisecond latency, and 99.999% uptime. Today, that bet has paid off with a $12,000,000,000 valuation and 65 plus merchants each processing over $1,000,000,000 annually. 65 doing over 1,000,000,000 an
2:04 / 3:29
from transcript2:04 – 3:29
...payments technology and global expertise come in. They've transformed supply chain financing into a dynamic tech driven solution. Their platform, which supports multiple languages and currencies, links buyers to more than 18,000 suppliers, streamlini
31:30 / 32:34
from transcript31:30 – 32:34
...digital payments, cloud native, sub five hundred millisecond latency and 99.999% uptime. Today, that bet has paid off with a $12,000,000,000 valuation and 65 plus merchants each processing over $1,000,000,000 annually. 65 doing over 1,000,000,000 ann
1:21:36 / 1:22:51
from transcript1:21:36 – 1:22:51
...payments. Cloud native, sub five hundred millisecond latency, and 99.999% uptime. Today, that bet has paid off with a $12,000,000,000 valuation and 65 plus merchants each processing over a billion dollars annually. 65 doing over 1,000,000,000 annuall
1:32:03 / 1:33:20
from transcript1:32:03 – 1:33:20
Have a podcast?
Run your podcast through Clypt
Get ranked clips, hooks, and ready-to-post copy from your own episodes. Free to try.