Eliminate processing fees with simple surcharges with Andrew Bart

Published: March 17, 2020, 7 a.m.

How much could your business save if you didn't have to pay credit card processing fees? Could you get a 30% net margin increase? It's possible but tough under the current regulations.

To solve this problem, InterPayments, a financial technology firm, developed SurchX, a product that can help businesses recover the maximum allowable amount of their credit card processing fees by passing them onto a consumer as a surcharge.

Andrew Bart, the chief growth officer for InterPayments, joined us on the podcast to talk about how SurchX works and who it can benefit.

What we talked about:

  • How SurchX got started
  • The difference between SurchX as an ISV and other surcharge solutions in the market
  • How acquisitions and mergers are shaking up in the fintech space
  • Andrew's predictions for the future of the surcharge industry
  • How much money surcharging involves (trillions!) 

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