The Profit Priority Podcast

033. PayPal, Stripe, Venmo, Oh My! What's the best way to collect payments?

May 04, 2023
033. PayPal, Stripe, Venmo, Oh My! What's the best way to collect payments?
The Profit Priority Podcast
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The Profit Priority Podcast
033. PayPal, Stripe, Venmo, Oh My! What's the best way to collect payments?
May 04, 2023

Today we're gonna be talking about payment processors, how you should be accepting payments from your clients and customers and the ones that I've seen the most. I'm in a unique position as I've used a lot of different payment processors as a bookkeeper, business owner, and from the client's perspective (when I'm paying someone for their product or service). Listen in to learn what ones I recommend and a tip especially if you're using PayPal.

What's in the episode:

  • The goals when choosing a payment processor [01:20]
  • Using CRMs like HoneyBook or Dubsado [04:16]
  • Invoicing through Stripe, PayPal, QuickBooks or Xero [08:12]
  • What payment processor to use for in-person clients [09:54]

Connect with LoriAnn on Instagram
Follow Profit Priority on Instagram
Visit our website

Grab our FREE Business Expenses and Deductions guide!

Do you wonder why your bank account balance doesn't match your Profit & Loss? Maybe you had a great month and you're wondering where all your money is going. This is due to cash flow. Your cash flow is the heart beat of your business and for a business to be healthy, you need to have a healthy cash flow.

I have created a FREE Cash Flow Projection Template so you can maximize your cash!

Show Notes

Today we're gonna be talking about payment processors, how you should be accepting payments from your clients and customers and the ones that I've seen the most. I'm in a unique position as I've used a lot of different payment processors as a bookkeeper, business owner, and from the client's perspective (when I'm paying someone for their product or service). Listen in to learn what ones I recommend and a tip especially if you're using PayPal.

What's in the episode:

  • The goals when choosing a payment processor [01:20]
  • Using CRMs like HoneyBook or Dubsado [04:16]
  • Invoicing through Stripe, PayPal, QuickBooks or Xero [08:12]
  • What payment processor to use for in-person clients [09:54]

Connect with LoriAnn on Instagram
Follow Profit Priority on Instagram
Visit our website

Grab our FREE Business Expenses and Deductions guide!

Do you wonder why your bank account balance doesn't match your Profit & Loss? Maybe you had a great month and you're wondering where all your money is going. This is due to cash flow. Your cash flow is the heart beat of your business and for a business to be healthy, you need to have a healthy cash flow.

I have created a FREE Cash Flow Projection Template so you can maximize your cash!