InterPayments Market Research Report

Company Overview

Name:
InterPayments

Mission:
Every payment should be transparent and fair. InterPayments empowers companies to compliantly lower processing fees through innovative technology and expert implementation.

Founded:
No information available

Key People:

Nagendra Jayanty, Chief Executive Officer

Suzanne Vandenberg, Vice President of Partnership

Bruce Hubbard, Vice President of Product and Implementation

Brad Rust, Chief Technology Officer

Greg Garbo, Vice President of Sales

Elina Sukharenko, Chief Operating Officer

Headquarters:
548 Market St Suite 31088, San Francisco, CA 94104-5401

Number of Employees:
No information available

Revenue:
No information available

What is the company known for:
InterPayments is known for being a Managed Surcharge Provider, ensuring compliance, indemnification, and cost reduction on credit card fees through innovative surcharging solutions.

Products

Out-of-the-Box Solutions

InterPayments offers prebuilt surcharging solutions for existing payment systems. These solutions include:

PayLink Virtual Terminal: Enables compliant surcharges without changing existing payment providers. Supports major gateways like Cybersource, Authorize.net, NMI, and others.

Key Features:

Comprehensive reporting that syncs with payment gateways

Email links for one-time use payment pages

Secure storage of payment data

Auto- and recurring billing

Web and API accessible audit tools

Customized Solutions

InterPayments provides tailored surcharging integration for any software platform to automate payments and reconciliation:

Key Features:

Embeds cloud-based API for compliance

Supports card present and card not present transactions

Works with major ERP systems like NetSuite, SAP, and Microsoft Dynamics

Provides selective and customizable surcharge options

Auditing Tools

Real-time and comprehensive audit tools for ensuring compliance and tracking surcharged transactions.

Key Features:

Continuous tracking of fee savings with detailed data

Real-time transaction logs

Data visualization and filtering

Accessible via web or API

Consultative Services

Expert guidance and implementation for surcharging compliance and fee recovery:

Key Features:

Implementation support

Compliance monitoring and recertification

Customer education on compliant practices

Compliance Certification

Guaranteed compliance through InterPayments Certification ensuring all surcharging complies with state, federal, and card network rules.

Key Features:

Continual compliance monitoring

Historical data and certification documents

Indemnification against compliance risks

Product-Level Surcharging

Offers precise, product-specific surcharging to ensure fairness and accuracy across different card types:

Key Features:

Real-time cost calculation

Customizable surcharge rates

Compliance with all legal provisions and rules

Recent Developments

Recent Developments:

InterPayments has been featured in the Nilson Report for setting the compliant surcharging standard.

Successful case studies include saving 81% of credit card fees for a leading transport company and $1.5 million per year for a B2B SaaS leader.

New Products Launched:
No information available

New Features Added to Existing Products:

Integration with leading ERP like NetSuite for selective surcharging

Audit tools with real-time data on surcharged transactions

Comprehensive surcharging compliance certification services

Partnership Developments:

Established connections with major gateways and payment providers, including Cybersource, Authorize.net, and Stripe

Collaboration with banks and ISVs to provide seamless surcharging integration and compliance

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