CIP - S2 - 050 - Why High Fees Are the Least of Your Payment Processor Problems with Ryan Ellefsen and Jason

Most coaches believe the primary issue with payment processors is the high fees. The reality? That’s just the beginning. What really puts businesses at risk are account freezes, reserve holds, and hidden restrictions that can block your cash flow without warning, and in some cases, shut you down overnight.

In this episode, Ryan Ellefsen and Jason explain the dangers most business owners don’t see coming. They break down how payment processors actually work, why “cheap” options can cost you more in the long run, and the smart moves that protect your revenue and keep payments coming in.

If you run your business online, this conversation could save you from major headaches.

You’ll Learn How To:

• Spot the hidden risks that come with “cheap and easy” processors
• Avoid freezes, shutdowns, and reserve holds that stop your cash flow
• Understand what merchant accounts are really looking at behind the scenes
• Set up a payment system that scales as your business grows
• Keep revenue steady and predictable, even if you’re in a high-risk industry

What You’ll Learn in This Episode:

• (00:48) Why the wrong processor can shut your business down overnight
• (02:35) The type of clients processors actually want to work with
• (03:10) Why fees aren’t your biggest problem in payment processing
• (06:15) How coaches and consultants get flagged on Stripe’s prohibited list
• (09:30) The real risk: losing access to your money when you need it most
• (11:24) The biggest mistakes coaches make when setting up processors
• (12:28) How Stripe’s lending services can trigger account holds you never saw coming
• (14:27) The boutique difference: direct support, even on weekends
• (16:28) Why lowering interchange fees matters more than chasing the lowest upfront rate
• (18:00) The “cheap golf clubs” analogy: why bargain hunting costs you more in the long run
• (18:53) Why service, optimization, and partnership matter more than price
• (19:03) The benefits of in-house underwriting and risk management
• (20:08) What chargebacks really mean for your business and why they’re so dangerous
• (21:00) “Friendly fraud” explained. When buyers dispute after consuming your service
• (21:39) Why chargebacks work backwards: guilty until proven innocent
• (23:09) Who actually decides in the chargeback process
• (25:53) The unique tool “Mitigator” that stops chargebacks before they ever hit your record
• (28:14) InCheck includes Mitigator for everyone by default with no extra fee, only protection
• (30:13) How InCheck makes switching from Stripe seamless for recurring billing
• (31:54) Payment processors are critical to the success of your business

Who This Episode is For:

• Coaches and consultants running high-ticket offers
• Business owners who are frustrated with frozen accounts and withheld funds
• Entrepreneurs ready to scale without processor bottlenecks
• Anyone who wants to protect their income from hidden payment risks

Why You Should Listen:

A processor shutdown doesn’t just cause stress; it can wipe out your entire business. Ryan and Jason reveal the traps that most entrepreneurs are unaware of, and share the steps to protect your money, clients, and long-term growth.

Connect with Ryan Ellefsen and Jason:

• Website: https://www.inchek.net/ 
• Ryan’s Email: [e-mail] 
• Ryan’s Contact Number: 801-822-9495 
• Jason’s Email: [e-mail] 
• Jason’s Contact Number: 818-857