Practical Ecommerce

Credit-Card Exec on Reducing Processing Costs

There is nothing more confusing to ecommerce merchants than credit card processing. The rates wildly fluctuate and the monthly statements are hard to follow. But yet, credit card processing is key to virtually every ecommerce business. To help us understand how merchants can save money on their processing costs, we are joined by Sloane Bouchever. He’s a credit-card ecommerce pioneer, having left Authorize.Net in 2003 — as a senior vice president — to launch what would become a leading ecommerce credit card provider. His new company is Interchange Plus Solutions, and he joins Practical eCommerce’s Kerry Murdock.

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  1. DirectMerchantGroup April 5, 2011 Reply

    Great interview Sloane. It’s easy to see how you build a successful business model when you respect your merchants enough to be truthful with them. It’s a win win solution that will only create trust and confidence. An environment the banking industry could stand to follow more closely.