The hustle and bustle of New York never stops. It is the city that never sleeps, and as such, the New York grind is often paved with difficulties yet filled with tremendous rewards. Patricia and David Carlin know this fact all too well. Having been in the business industry for two decades, the illustrious husband and wife duo have made a name for themselves by helping companies and entrepreneurs inside and outside the United States with their digital payments. They are able to do this through their massive company, Residual Payments.
On top of their successes behind the scenes, Patricia and David Carlin are a husband and wife business tandem who have also cemented themselves as social media business stars with a massive following due to their long-lasting success and client testimonials; They’ve had skin in the game for a long time now, with their company Residual Payments even being involved in the very first online merchant account in history.
Residual Payments is a training platform that does several things. It’s the first of its kind that teaches people how to build either a part-time or full-time business as a broker in the merchant services industry. It also teaches business owners about the bloodline of their business—payment processing.
The company shows its clients how to reduce their fees and give them the opportunity to take control of their own processing, or they can give their business processing to a family member to help build a payments company. Residual Payments works with every type of merchant, from retail stores, smoke shops, restaurants, and e-commerce companies all across the globe.
Patricia and David have grown their company together by working as a unit and building a dynamic centered around success in life and business. “We have really mastered the art of staying in our own lane when it comes to dividing and conquering things we need to do daily to scale our businesses. We also had to learn how to squash arguments fast. When you are a couple who works together, we won’t have time to stay mad at each other because the show must go on,” explained Patricia.
Patricia was born and raised in Queens, so the New York hustle was already ingrained in her since the days of her upbringing. Queens was also where she closed one of her first merchants, Sony Music. Meanwhile, Dave is from Philly but has spent a lot of time in New York, making him an honorary New Yorker (we’ll give him that title!). He knows all the top spots around the city and is all about the diamond district.
“We come to New York every few months for meetings. Dave has a little secret place he discovered for diamond jewelry, Diamanti NYC. For hotels, we have tried them all, and nothing leaves quite as good of an impression as The St. Regis. It has the right combination of classy elegance and feeling like you’re at home,” shared Patricia.
When asked what motivated them to build their brand. The business power couple responded with: “Payments is one of the most interesting and fast-paced industries that exist. Every single time a transaction is made, a broker gets paid on it for the life of the account. There are very few industries that are accessible for every type of person to work in and that pays residual income. Most businesses reset after every sale. Payments don’t, and you can work from your phone and laptop.”
Furthermore, Patricia and David Carlin aren’t just in it for the money. They make sure to give back to the community by donating to animal shelters and to the foster care system in America. They want to eventually teach, help, and support underprivileged children who may be phasing out of foster care and invest in their dreams and help fund them.
The esteemed business power couple knows how to take businesses from five figures to seven to eight figures per year by utilizing the same blueprint they have been using for 20 years to build their companies. Entrepreneurs who want to scale their business, become a payments broker, or save money on their own payment processing should take their tried-and-tested course.
