Paypal makes over 30 billion per year in passive processing fees.
You can legally ‘steal’ their strategy and build a business no one is talking about…
You don’t need a headquarters.
You don’t need employees.
You don’t even need a website or investors.
All you need is a card reader, an LLC and one hour per day.
Here’s how:
The reason why Paypal can passively make billions is because they are the middleman of financial transactions.
For example, if someone buys a $200 pair of Jordans online with a card…
They take 2.99% which is $5.98.
This is called payment processing.
You can become the middleman on a smaller scale by placing card readers in local businesses.
And the best part is…
You don’t have to compete with these big corporations.
This is because you can offer new machines called ‘cash discount’ card readers.
Big corporations don’t like offering this because they make less money.
Basically, what these machines do is they completely eliminate traditional processing fees from local businesses.
So instead of a restaurant paying hundreds, if not thousands every month in fees to credit card companies…
The cost is passed down to the consumer.
For example, if a customer pays $100 for a dinner…
The card reader charges a 4% fee.
So they would pay $104 at no cost to the merchant.
This won’t piss off customers because it’s a barely noticeable fee.
Plus, people are used to paying fees with services like Doordash and Grubhub.
And if the customer wants to avoid paying the fee they can simply pay with cash!
But here’s the genius part…
When the customer pays the fee, half of it goes to the bank and half of it goes to you.
So if a restaurant is processing 20k monthly on a 4% fee…
The bank gets $400.
And you as the machine owner get paid $400/mo in consistent residuals every month.
All completely hands off once the machine is installed.
And that’s just from a single account.
Imagine having 5, 10, 15+ of these machines working for you in your local town.
It can easily pay rent, car notes, medical bills, student loans, and tons of other living expenses for you without you having to lift a finger.
And even better…
Only 5% of local business owners actually know about ‘cash discount’ card readers.
So it’s a massive blue ocean opportunity that you can scale within just a few months.
If you’re curious about how you can get started text the word PASSIVE to my cell and we can see if you’re a good fit
Thanks
Ryan