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.

Regulation F – What is it?

By Chad Deatherage / November 30, 2021 /

In 2020, the Consumer Financial Protection Bureau (CFPB) published two rules which implement the Fair Debt Collection Practices Act (FDCPA). This federal law, known as Regulation F goes into effect…

A Guide to B2B Debt Collection

By Chad Deatherage / October 20, 2021 /

Got unpaid invoices piling up? You’re in good company. When other businesses don’t pay for your products or services, it creates a domino effect – suddenly, you’re struggling to make…

Growing Your Business in 2021

By Chad Deatherage / September 8, 2021 /

2020 was a very challenging year. And while everyone felt the impact of the COVID-19 pandemic, business owners were among those who were hit most. Many small businesses had to…

What’s the Difference? Agent-Facing vs. Self-Service Payment Portals

By Chad Deatherage / July 21, 2021 /

To make ARM (accounts receivable management) entities more efficient, merchant service providers offer various tools to make payments convenient and fast. These solutions fully integrate with your merchant account and…

Create a Simple Online Payment Process for Your Business

By Chad Deatherage / June 23, 2021 /

Whether or not you are a high-risk merchant, convenience in the online shopping world is critical. A well-outlined website is the first step towards providing your customers with an easy…

Chargebacks Explained: Common Reasons and How to Prevent Them

By Chad Deatherage / June 16, 2021 /

You check your merchant account and see another chargeback. The sinking feeling hits as you realize you’ve lost not just the sale, but also the product, plus fees that can…

Successful Debt Recovery Tips for Businesses

By Chad Deatherage / March 10, 2021 /

When customers do not pay promptly, a company’s cash flow is significantly affected. Therefore, designing an effective collecting strategy for past due accounts is vital for success. Here are several…