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.

Credit Card Processing Outage

By Chad Deatherage / December 2, 2022 /

Most businesses these days benefit from credit card payments, at least in some capacity. This means that whenever a card processing outage occurs, business owners have reasons to be worried.…

HSA vs. FSA – Which Is Better?

By Chad Deatherage / December 2, 2022 /

Health savings account (HSA) and flexible spending account (FSA) are tax-advantaged accounts that you can use to save money for qualified medical expenses as well as benefit from significant savings…

Debt Collection Merchant Account

By Chad Deatherage / August 30, 2022 /

The debt collection industry is a constantly growing one, and with a value of around $13 billion, it is not surprising to see more and more collection agencies being established…

What is ACH Payment?

By Chad Deatherage / July 21, 2022 /

An ACH payment is a type of electronic funds transfer that allows you to move money from one account to another without using cash, checks, or other payment methods. The…

Let’s Talk About IVR Payment Systems!!

By Chad Deatherage / July 14, 2022 /

Ever paid a bill over the phone? That’s IVR in action! These automated phone payment systems let customers make transactions by simply pressing buttons on their keypad – no human…

5 Must-Haves For CBD Payment Acceptance

By Chad Deatherage / March 9, 2022 /

CBD and hemp businesses have a unique set of challenges when it comes to payment processing. Because CBD is still classified as a Schedule I drug by the federal government,…

Creating a Secure High-Risk Merchant Account in 2022

By Chad Deatherage / January 26, 2022 /

Along with COVID-19 came a sharp increase in cybercrime. Unfortunately, high-risk merchants such as collection agencies, online pharmacies, or CBD businesses,  are among the most vulnerable to these cyber assaults.…