Swipesum Review: Payment Processing Consulting
Swipesum helps business owners and operations managers identify unnecessary fees in their merchant statements. It is designed for companies seeking an outsourced chief payments officer to manage provider relationships.
At a glance
- Category
- Finance & Accounting
- Best for
- Small businesses, Mid-market companies, Enterprise companies, eCommerce businesses, B2B companies
- Pricing
- Consulting services start at $50 per hour, and individual statement analysis is $75 per analysis. Free consultations and initial audits are also available.
- Key use cases
- Merchant Statement Auditing, B2B Payment Optimization, Payment Infrastructure Setup, Ongoing Fee Management
- Integrations
- ERP integrations
- Official website
- swipesum.com
Swipesum is a payment processing consulting service that helps businesses design and manage their payments infrastructure. The company uses a proprietary tool called Staitment to audit merchant services statements and identify negotiable rates or billing errors.
It is designed for businesses of all sizes, including small companies and enterprise-level organizations, across sectors such as eCommerce, B2B, retail, and nonprofits. The service supports merchant services selection, fee optimization, and hardware integration.
Buyers should note that Swipesum acts as a consultant rather than the payment processor itself. They coordinate with a network of over 70 providers to find a fit for the business. Buyers should confirm if they require a full-service managed payments partner or a one-time audit of their current statements.
Key Features
Uses proprietary Staitment software to audit merchant statements to verify interchange billing and identify negotiable rates.
Consulting services to help businesses select and implement merchant services and payment processors.
Reviews of existing processing arrangements to identify unnecessary fees.
Comparison of current processor relationships against a network of over 70 payment providers.
Ongoing management of a company's payment strategy and provider relationships.
Technical support for building custom solutions and integrating payment hardware.
Use Cases
Analyzing monthly statements to check for overcharging and identify potential savings.
Helping B2B companies qualify for Level 2 and Level 3 interchange discounts to reduce costs.
Designing a payments stack for a growing company or a new software platform.
Using an outsourced partner to monitor statements and handle renegotiations with processors.
Best For
Integrations
Pricing
Consulting services start at $50 per hour, and individual statement analysis is $75 per analysis. Free consultations and initial audits are also available.
FAQ
No, you do not sign a contract directly with Swipesum. All contracts are signed between your company and the merchant services provider they help you select.
Consulting services start at $50 per hour, and statement analysis is $75 per analysis. Free initial consultations and proposals are also available.
Staitment is Swipesum's proprietary AI software used to analyze merchant statements and identify billing errors or negotiable rates.
Source category: Finance & Accounting
Source subcategory: Payment Processing Consulting
