BlueSnap

“Where we differ from Stripe is we're much more global, so we actually have many banks around the world so we can actually help transactions get through at a higher rate than Stripe does.”

“The biggest piece of it, anywhere from one and a half to two percent of that transaction is going to go to the person that issued the card, the Chase, the Capital One.”

“So the additional cash point in the company was a hundred million dollars. And then after that we've announced that we've raised another seventy million dollars. So it takes quite a bit. That's what happened now over about five years.”

“Yeah, so we're up to about 5000 merchants that are using our product right now and growing very quickly.”

“Well, how we're different is the Prime and the one click, they have patents on that, but they don't have the patent on how to one click checkout with things like Visa, MasterCard, or using American Express.”

“We charge generally the same rates that Stripe does in this market.”

“Usually when you start getting to a couple million dollars a year but really they kick in pretty big when you're starting to do a couple million a month.”

“So people will charge the lowest fee you charge or things like debit cards where you're paying a little bit below one percent. And when you're paying card to card, you're paying under 2.9%.”

“We're already in the B range, and we'll be processing multiple times that we're growing a triple digit growth right now.”

“Well, Stripe is, is it's similar to what Stripe does because Stripe does that in a single country. What we've done is we've been able to globalize it through many countries through one integration. So with Stripe, you have to go do it say seven times against s…”

“So if there's a hundred dollars that goes to the system, in a simple example the merchant might pay three dollars. That three dollars, you know, 99% of it is going to the issuing banks, to the banks, into the card schemes. We get a tiny, tiny percent of that, …”

“One of the other big product launches we're going to do next year is around what we call omni channel, which is the ability for a merchant to be able to process through one channel, the ability for having an online website and an in-store payment.”

“We're in significant triple digit growth rate right now, which is awesome.”

“We've actually done some recent funding and it's not allowed to be discussed.”

“What we do is we provide technology that allows any merchant to be able to offer that type of service to their shoppers. So it's as simple as checking out with Apple Pay or wallets or topping off cards. It looks just like Amazon prime. That's what our technolo…”