Residual Payments Recognized By Forbes?

Residual Payments is the brainchild of Patricia Carlin and her husband, David

Many people who land on this page are curious whether or not their company has been listed on Forbes.

Well, Patricia has indeed graced Forbes. But I guess it’s not about Residual Payments. Patricia has been an active member of Forbes Councils since 2016. 

So how does one become a member? A $2,000 yearly charge is required with your application and proof of income of at least $1 million per year. 

Continue reading to learn more.

Disclaimer

This Residual Payments Recognized By Forbes? review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

Her business is listed as Patricia Weber Consulting Inc., and her website is Payarc dot com, headquartered in Provo, Utah, on her Forbes Council profile.

Patricia’s bio states:

“In the infancy of online payment processing (the time when only adult websites, cams, and chat lines were transacting online), I played a significant role in helping the key players in some of the most recognized brands launch their online payments and merchant service platforms.”

She adds:

“The high risk arena may have started with adult websites, but it has since branched out to cover extensive products, services, and offerings.

Merchants in these industries [such as] trial, dating, direct selling, memberships, seminars, counter culture, and other mid-to-high-risk businesses, come to me to help them establish stable payment processing and implement the right combination of tools and solutions to ensure their bottom line (and merchant account) is protected and can grow properly.”

“Unlike the very mechanical merchant account provider/merchant relationship that is now common in the industry, you are not purchasing a ‘machine’ to handle your payments.

With a direct plug into the card brands and a payments consulting arm of our business, myself and my team are able to remove the additional layers of people who will work on your account,” Patricia continues.

Patricia Carlin David Carlin

Her bio concludes with:

“With nearly two decades of experience in payments and a direct sponsorship with the card associations, I am certain that I can save you a substantial amount of money in processing fees and improve your overall payment processing solution.

Augment your lean team with a strategic growth-minded payments expert. You need to make payments a part of your strategic growth.” 

Since becoming a Forbes Council member, Patricia has authored four articles. The use of artificial intelligence in payment processing, chargeback reduction, and foreign merchant issues are just a few of the topics that have been discussed.

Despite the fact that she effectively paid her way into the Forbes list, it does give her some credibility. I’m going to assume that Forbes truly looks at financial statements and looks for ethical company owners.

That isn’t always the case, as we know. Numerous experts I’ve reviewed over the years whose Forbes articles I’ve found to be dubious. It’s safe to say that Patricia and David do not fit this description.

Back in the day, she made a great business decision by joining this Forbes Council thingamajig. Surely, it has helped her get new company opportunities. Charlatans should not be able to pay for a mention so easily. 

The Forbes brand name should not be sold to everyone who has a credit card to swipe, in my opinion. 

Elijah Olivas
Founder | 9 To 5 Renegade

Hey, I'm Elijah! I ditched the typical 9-to-5 after realizing it wasn't for me. Once I graduated, I launched a garage door and fence business but struggled to attract customers. That changed with a local marketing course, which skyrocketed my business.

Now, I run Degree Finders, sharing insights about life-altering courses. It's about carving your own path and discovering what truly changes your life. Join me in exploring these unique journeys and turning entrepreneurial dreams into reality.

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