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Why “Set It and Forget It” Is Costing You in Merchant Processing | Guest Rob Hoblit of NMI | PEP068

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Manage episode 509178086 series 3472843
Content provided by Expert Payments Attorneys of Global Legal Law Firm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Expert Payments Attorneys of Global Legal Law Firm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The rules of payments are changing—often mid-transaction. Are you ready?
In this episode number 68 of The Payments Experts Podcast, we break down the silent killers of merchant profitability: compliance gaps, outdated integrations, and poorly configured gateway flows. Managing partner of Global Legal Law Firm, James Huber, is joined by NMI (https://www.nmi.com/) Chief Revenue Officer, Rob Hoblit, to discuss how payments professionals can future-proof their merchant portfolios in an ever-evolving regulatory and card brand environment.
We cover:
The hidden costs of “set it and forget it” payment stacks
Why Level 2 and Level 3 data optimizations are underutilized (and how to fix that)
The realities of surcharging, dual pricing, and state-by-state compliance
How interoperability—not vendor lock-in—is your best defense against constant rule changes
What it actually takes to maintain high authorization rates while reducing chargebacks and support friction
If you’re an ISO, agent, processor, or fintech pro trying to reduce risk, improve interchange qualification, and stay ahead of card brand changes, this conversation is your playbook.
Listen to the full episode and explore more insights at
https://www.globallegallawfirm.com/podcasts
Subscribe for weekly episodes featuring actionable guidance for navigating high-risk merchant services, surcharging regulations, and the future of payments infrastructure.

**Matters discussed are all opinions and do not constitute legal advice. All events or likeness to real people and events is a coincidence.**

A payments podcast of Global Legal Law Firm

  continue reading

Chapters

1. Cold Open: Crypto Jokes & Reality Check (00:00:00)

2. Framing the Big Question: Real Risks (00:01:23)

3. Regulatory Shifts: Federal, State, Schemes (00:01:42)

4. Set-It-and-Forget-It Myth (00:03:39)

5. VAMP Sensitivities and Topic Pivot (00:04:45)

6. Level 2/3 Data: Compliance and Declines (00:04:58)

7. Regulation vs Deregulation: Drama and Surcharging (00:07:12)

8. Change as a Feature of U.S. Payments (00:09:02)

9. Strategy: Optionality over Rigid Plans (00:10:20)

10. Partnerships that Keep Options Open (00:12:00)

11. Closing Reflections: Interoperability and Openness (00:13:44)

12. Outro & Disclaimers (00:16:12)

69 episodes

Artwork
iconShare
 
Manage episode 509178086 series 3472843
Content provided by Expert Payments Attorneys of Global Legal Law Firm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Expert Payments Attorneys of Global Legal Law Firm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

The rules of payments are changing—often mid-transaction. Are you ready?
In this episode number 68 of The Payments Experts Podcast, we break down the silent killers of merchant profitability: compliance gaps, outdated integrations, and poorly configured gateway flows. Managing partner of Global Legal Law Firm, James Huber, is joined by NMI (https://www.nmi.com/) Chief Revenue Officer, Rob Hoblit, to discuss how payments professionals can future-proof their merchant portfolios in an ever-evolving regulatory and card brand environment.
We cover:
The hidden costs of “set it and forget it” payment stacks
Why Level 2 and Level 3 data optimizations are underutilized (and how to fix that)
The realities of surcharging, dual pricing, and state-by-state compliance
How interoperability—not vendor lock-in—is your best defense against constant rule changes
What it actually takes to maintain high authorization rates while reducing chargebacks and support friction
If you’re an ISO, agent, processor, or fintech pro trying to reduce risk, improve interchange qualification, and stay ahead of card brand changes, this conversation is your playbook.
Listen to the full episode and explore more insights at
https://www.globallegallawfirm.com/podcasts
Subscribe for weekly episodes featuring actionable guidance for navigating high-risk merchant services, surcharging regulations, and the future of payments infrastructure.

**Matters discussed are all opinions and do not constitute legal advice. All events or likeness to real people and events is a coincidence.**

A payments podcast of Global Legal Law Firm

  continue reading

Chapters

1. Cold Open: Crypto Jokes & Reality Check (00:00:00)

2. Framing the Big Question: Real Risks (00:01:23)

3. Regulatory Shifts: Federal, State, Schemes (00:01:42)

4. Set-It-and-Forget-It Myth (00:03:39)

5. VAMP Sensitivities and Topic Pivot (00:04:45)

6. Level 2/3 Data: Compliance and Declines (00:04:58)

7. Regulation vs Deregulation: Drama and Surcharging (00:07:12)

8. Change as a Feature of U.S. Payments (00:09:02)

9. Strategy: Optionality over Rigid Plans (00:10:20)

10. Partnerships that Keep Options Open (00:12:00)

11. Closing Reflections: Interoperability and Openness (00:13:44)

12. Outro & Disclaimers (00:16:12)

69 episodes

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