Kyle Hall | Source | CEO at PayKings
Kyle Hall
I’m Kyle Hall, CEO of PayKings, an Inc. 5000 company that specializes in high-risk payment processing. With a foundation in payment gateway technology, I’ve built PayKings to help businesses in high-risk industries overcome financial barriers by providing tailored solutions that simplify compliance and mitigate risk. As the founder of PulseCRM, I’m also dedicated to streamlining merchant services through automation, helping businesses manage operations efficiently. My passion lies in helping companies scale by offering the tools they need to navigate complex regulatory environments and succeed long term.
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PayKings
CEO
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iPhone Empowers Small Businesses with Seamless Payment Processing
Kyle highlights, "With just an iPhone and a small chip reader, merchants can accept any form of payment their customers prefer." He notes the low financial barrier, with providers offering free basic equipment and per-transaction fees. iOS offers security and early access to new features, but businesses should choose based on comfort and existing operations. -
Small Business Alert: Mastering Credit Card Processing for Success
Kyle advises small businesses to demand detailed cost breakdowns and opt for interchange-plus pricing to avoid hidden fees. "Regularly renegotiate rates as transaction volumes grow," he suggests. Avoid long-term contracts with high penalties and ensure strong customer support. Leverage integrations with existing systems for smoother operations. Remember, everything in payment processing is negotiable. -
Flat Organizations: Empowerment and Efficiency with Challenges
Kyle emphasizes that flat organizations "empower employees to take ownership," fostering open communication and agility. However, he notes challenges like "stepping on each other's toes" without clear roles and increased leader workloads. Success requires careful planning.
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“Every restaurant has unique needs that only the restaurant operator knows, and the system should fit your specific operation,” said Kyle Hall, who has deployed hundreds of POS systems as the CEO of PayKings. Hall also recommended that you look at the processor’s funding timeline. “In the restaurant business, quick access to your funds is vital for managing daily expenses like inventory and payroll,” he observed.
