One of the many things that Sal Taddeo has extensive knowledge of is merchant services. Merchant services, better known as the processing of credit cards and handling of electronic payment transactions, are a necessary skill to learn in the modern day business world.
Typically, merchant processing services include receiving authorization for a transaction, collecting money from the bank that issued the credit card, a client sending payment to the merchant, and the client obtaining the sales information from the merchant.
Merchant services are important for modern business because many transactions in this day and age are made digitally. Exchanging physical money for a purchase has become more and more of a rarity as the prevalence of digital commerce continues to grow. This has had the added side effect of making merchant services a much more complicated process that involves a number of tiers, paper trails, and hierarchies. That is why businesses and individuals have begun to turn to merchant consultants, professionals that are knowledgeable about the ins and outs of the industry.
More and more are turning to outside merchant consultants to handle day-to-day transactions because of the volume of transactions, as well as the complex nature of the system.
Sal Taddeo has offered his merchant consultant skills to many over the course of his career. As the President and CEO of multiple companies, it has become a required skill for him to develop. He now shares his knowledge with others so that they too can experience the same success.