Accepting payment by credit card

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Since I started my own practice 13 years ago, last week was the first time that I received payment for a consulting project by credit card.

It turned out to be simpler than I expected to set up. We already had a Stripe account for accepting payments for the Guide to Setting Up Your Own Consulting Practice. I entered the payment info on Friday and had the funds in our checking account on Tuesday.

I don’t recommend taking credit cards if you can avoid it – we lost 3% to Stripe – but in this case the client insisted.

In Episode 347 of Unleashed I discuss my experience accepting credit card payment, including the couple steps involved to receive the full 16 digit number.