SwipeSum
Information by TrustFinance researcher
SwipeSum is a technology aimed at reducing credit card and debit card processing fees for companies. The fees associated with accepting card payments are US business owners’ second-highest operating expense behind labor, a $70 billion burden annually. Payments are very complicated, making it difficult for businesses to find the best fit for their unique business, not to mention the headache that comes with negotiating terms. SwipeSum is an extension of any business's product and financial team, we’re payments consultants leveraging proprietary software to optimize payments.  We are your Chief Payments Officer For Businesses: At no cost to the business, SwipeSum will eliminate most fees associated with payments or turn them into a lucrative revenue stream. We do this by leveraging our proprietary technology and expertise. In 2019 we advised over $8B in processing volume. We are very transparent that we receive earn our revenue as a recurring finders fee from any and all payments companies that we refer. For Payment Facilitators or Integrated Software Vendors If your software needs integrated payments, that is our specialty. With the advancement of payments technologies, product improvement is our focus. SwipeSum also leverages strength in numbers to get all software vendors the most lucrative partnership agreements. For Financial Institutions The secret sauce behind our consultation platform is our AI-powered statement reading technology, named Staitment. We license this software to banks, processing companies, point-of-sale dealers, and anyone that analyses processing statements to create cost-comparison sales proposals.  Our software accelerates the typical creation of a cost-comparison to minutes, compared to weeks.
Founded in 
United States
Industry
- Other ServicePRIMARY
- Payment
Financial
- Software Development
Technology
HQ Location

