Chad Deatherage

Chad is a serial entrepreneur and founded Payment Savvy in 2011 armed with the goal of providing high-risk establishments with a pioneering and tailored payment processing solution that allows them to flourish. Having decades of knowledge in the financial services and debt recovery industries, he ensures every client receives the same level of expertise, resourcefulness, and strategic vision no matter the size of the organization. Always willing to push the envelope, Chad’s forward-thinking and leadership skills are responsible for Payment Savvy being on the map as an industry-leading payment processor.

5 Ways We Can Support Small Businesses While Maintaining Social Distance Guidelines

By Chad Deatherage / March 30, 2020 / Comments Off on 5 Ways We Can Support Small Businesses While Maintaining Social Distance Guidelines

Americans faced a sobering reality this past weekend; our efforts to “flatten the curve” over the past two weeks has not put a dent in our new public enemy #1…

How Important is a Business Credit Score?

By Chad Deatherage / March 23, 2020 / Comments Off on How Important is a Business Credit Score?

Many business owners are familiar with their personal credit scores, but business credit scores remain a mystery. Establishing a healthy score assists in securing substantial loans, better insurance rates, and…

TSYS Error Codes and What They Mean

By Chad Deatherage / March 17, 2020 / Comments Off on TSYS Error Codes and What They Mean

Key Takeaways TSYS (Total Systems Services, Inc.) is a prominent payment platform processing over 32 billion credit and debit card transactions annually. Credit card decline codes are notifications that provide…

Interchange Explained

By Chad Deatherage / March 3, 2020 / Comments Off on Interchange Explained

Interchange rates. They are inexplicably tied to payment processing and merchant accounts. But why? Read through our concise guide to learn more about this card payment fee. Interchange Rates Defined…

ACH Return Codes – a Savvy Guide

By Chad Deatherage / February 27, 2020 / Comments Off on ACH Return Codes – a Savvy Guide

Key Takeaways ACH Payments and Returns: ACH payments are convenient and cost-effective. However, businesses must understand ACH return codes to avoid revenue loss and increased fees. Common ACH Return Codes:…

Understanding Merchant Account Terms

By Chad Deatherage / February 13, 2020 / Comments Off on Understanding Merchant Account Terms

Accepting debit and credit card payments in exchange for goods and services is a universal business concept. This means a company needs to establish a merchant account to process payments…