Payment Processing Business | The $15M Business Hidden in Plain Sight
Acquisitions Anonymous - #1 for business buying, selling and operating
Navigating Niche Markets in Payment Processing
This chapter explores a unique business opportunity in mobile app payment processing targeted at state agencies, highlighting impressive financial growth and the challenges of competing in a complex landscape. The discussion underscores the lengthy sales cycles involved with government contracts, addressing the slow pace of technological upgrades in municipalities. It also identifies niche markets, particularly in corrections facilities, as potential areas for specialization and profitability, contrasting them with larger payment platforms.
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