How Allen Kopelman Challenges the Big Players in the Payment Processing Industry

How to Scale a Business

In this episode, Allen Kopelman shares his journey from being a chef to founding a successful payment processing company. He discusses the challenges and changes in the industry, from the early days of phone-line credit card machines to the current era of WiFi-enabled devices. Allen explains the importance of adapting to technological advancements and staying ahead of industry trends, while also addressing the pitfalls businesses might face with major providers like PayPal and Stripe. This is a must-listen for business owners looking to safeguard their financial operations.

Chapters

• 00:00:00 - Welcome to the Show: Introducing Allen Kopelman
• 00:01:00 - From Chef to Payment Processing Pioneer: Allen's Unlikely Journey
• 00:02:54 - The Tech Revolution: Transforming Payment Processing
• 00:06:02 - David vs. Goliath: Competing with Industry Giants
• 00:11:29 - Secrets to Smooth Transactions: Best Practices Revealed
• 00:12:43 - Avoiding Disaster: Top Fraud Prevention Tips
• 00:17:30 - The Fine Print: Why Reading Terms of Service Matters
• 00:20:45 - Scammers Exposed: Shocking Identity Theft Stories
• 00:27:48 - Parting Wisdom: Final Thoughts and How to Connect

Links and Resources

• Allen Kopelman
• Allen on LinkedIn
• Nationwide Payment Systems
• Schedule Your Appointment with Nationwide Payment Systems
• B2B Vault: The Biz to Biz Podcast
• Allen’s LinkTree
• Amplafy Media
• Hector Santiesteban on LinkedIn
• Hector Santiesteban on Twitter

Thanks so much for joining us this week. Want to subscribe to How to Scale a Business? Have some feedback you’d like to share? Connect with us on iTunes and leave us a review!