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My ArundelBiz Podcast: Magothy Payments!

February 22, 2022

We’re continuing to celebrate Black History Month by spotlighting another awesome black-owned business in Anne Arundel County: Magothy Payments.

In our latest My ArundelBiz podcast we sat down with Jaron Rice, Magothy’s owner and a proud member of our second Inclusive Ventures Program cohort, to discuss:

  • What inspired him to create a payment processing company focused on small business.
  • How Magothy’s niche services and customer service have helped it become Maryland’s highest-rated merchant services provider.
  • The positive and negative effects of COVID on his business.

PLUS his top five tips for entrepreneurs and his top five places to make some of his own payments (aka spend his money) in Anne Arundel County.

So tune in to learn more about Magothy and the surprisingly-intriguing industry in which it operates!



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