In this episode of the Phoenix Prosperity Podcast, host Tim Fergestad sits down with Justin Volrath, CEO and founder of PayCompass, a fast-growing electronic payments company. Since launching in 2020, PayCompass has expanded to support hundreds of independent sales agents across the U.S., processing nearly $2 billion in transactions last year—with projections to more than double that this year!
Justin shares how PayCompass stands out in the competitive world of merchant services by focusing on customer service, transparency, and agent empowerment. He discusses the challenges of payment processing, the importance of reliable deposits, and the dangers of hidden fees from big providers. Justin also talks about the company’s rapid growth, recruiting strategy, and the key factors that have helped them scale successfully.
Other topics covered:
- The evolution of credit card processing and the role of technology
- How PayCompass supports independent sales agents nationwide
- The challenges of scaling a business while maintaining excellent service
- Why diversification and passive income are key to long-term financial success
Justin also reflects on what he wishes he had known earlier about building wealth and shares his personal goals for the future. If you’re interested in merchant services, sales, or financial freedom, this episode is packed with valuable insights!
—————————————————- Interested in being part of this? Please visit our guest invitation page where you can learn more and fill out a brief questionnaire to get started: https://phoenixprosperitypodcast.com/guest It’s going to be enlightening and, most importantly, a lot of fun. I’d love for you to be a part of it!
