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.

Using Venmo for Business: Everything You Need to Know

By Chad Deatherage / June 7, 2023 /

When looking for a new payment method for business, Venmo may not be the first option to spring to mind. After all, what does a peer-to-peer payment app have to…

High-Risk Business with Stripe, PayPal, Square, Venmo

By Chad Deatherage / May 17, 2023 /

Certain activities, or the industry you work in, may cause payment processors to characterize your merchant account as high risk and, in worst-case scenarios, ban it. It isn’t uncommon for…

Instant ACH Transfers Online

By Chad Deatherage / May 16, 2023 /

Waiting days for payments to process seems a bit archaic in 2025. Yet many businesses still rely on standard ACH transfers that take 1-3 business days to complete. Instant ACH…

A Comprehensive Guide to FedNow

By Chad Deatherage / May 15, 2023 /

The Federal Reserve Bank is currently developing a new instant payment service called “FedNow” that will allow financial institutions to make instant payments. The FedNow Service will begin operating in…

Payments Automation: Everything You Need to Know

By Chad Deatherage / May 12, 2023 /

Payment automation solutions have transformed the way businesses handle their accounts payable departments. With the increasing need for cost savings, efficient payment processing, and secure financial data management, payment automation…

Understanding Visa Rules

By Chad Deatherage / May 11, 2023 /

Visa is a global payment technology company that provides electronic payment solutions to financial institutions, merchants, and consumers. It is one of the most widely accepted payment methods around the…

Income Per Capita – Meaning

By Chad Deatherage / April 14, 2023 /

In today’s globalized world, understanding a country’s economic health is crucial to comprehending its overall well-being and development. There are several metrics that can be used to determine how well…

Times Interest Earned Ratio

By Chad Deatherage / April 13, 2023 /

Key Takeaways The Times Interest Earned (TIE) ratio is used to evaluate a company’s ability to meet its debt obligations. A good TIE ratio is generally considered to be 2…