Welcome to another episode of eCommerce Fastlane. Today, we’re excited to have Bill Glass, the Co-founder of AltruPay.

In todays episode, we explore the complex world of payment processing for high-risk industries with Bill Glass, Co-founder of AltruPay. Bill shares his expertise on navigating the challenges faced by businesses in regulated markets like firearms and CBD, offering invaluable insights for merchants who find themselves in this tricky landscape.

Bill explains how AltruPay provides a lifeline for stores that can’t use Shopify Payments, emphasizing the importance of transparency in bank fees and regulations. We discuss AltruPay’s rigorous compliance checks and how they ensure businesses adhere to legal requirements while still processing payments smoothly.

Our conversation covers the reasons certain businesses are classified as “high-risk” and the impact on their processing fees. Bill also reveals how AltruPay helps Shopify stores in regulated markets stay operational when other payment processors shut them down, offering a crucial safety net for these businesses.

We also examine AltruPay’s seamless integration with Shopify and other e-commerce platforms, as well as their cutting-edge fraud prevention tools that keep transactions secure. Bill shares practical tips for implementing these tools effectively, helping store owners safeguard their businesses.

Whether you’re running a store in a regulated market or simply looking to optimize your payment processing, this episode is packed with actionable advice.

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