The BIGGEST Industry Secret about Merchant Accounts with Rick Kamal

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Today, I’m interviewing Rick Kamal of 5-Star Processing. An expert in the credit repair industry.

Rick has a background in banking. When he wanted to start helping others he started his own credit repair agency. 

Using our software, he was able to mix his history in Merchant Services and his credit repair biz together. Before he knew it, 5-Star Processing was rock and rollin’.

Now, he supplies merchants in EVERY state in the country, and has a team of 35+ people!

In today’s episode, he is here to tell us his own story, how important having a merchant account is, and how it helps you get faster card payments.

Also when you check this out, you’ll learn tips and tricks that you need to know in order to start your own credit repair business!

So, what are you waiting for? Let’s dive in!

Key Takeaways:

• Intro (00:00)
• How Rick got started (02:13)
• Why you should have a merchant account (04:09)
• What you need to get approved (07:49)
• Can you start from home? (09:56)
• What credit score do you need for one? (13:08)
• What you need to have on your website to get approved (15:07)
• Why payment gateways are so important (18:46)
• The single most important factor in running your business (30:18)
• Episode wrap-up (35:36)

Additional Resources:

- Get a free trial to Credit Repair Cloud

- Get my free credit repair training

- Get a merchant account from 5-Star

- Get the Guide to Getting Paid At Credit Repair

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