Jobs at InterPayments

InterPayments is a payments data service company based in Palo Alto, CA. In the US alone, 5% of merchant revenues are lost to payments costs (that number is 11% in Europe). Transaction cost data is a one-sided market set by banks/card networks against non-collectively organized merchants. This leads to less innovation, higher payments fees, and high switching costs. Our mission is to create a global two-sided market in merchant transaction cost data. A transparent data marketplace will improve innovation and lower costs for both merchants and consumers. Amazon highlighted the pain point as they recently took steps to offset card fees: "The cost of accepting card payments continues to be an obstacle to providing the best prices for customers. These costs should be going down over time with innovation and technological advancements, which allows merchants to reinvest savings into low prices and shopping enhancements for customers. Yet, despite these advancements, some cards' cost of payments continue to stay high or even rise." zdnet.com/article/amazon-com-au-encourages-customers-to-stop-using-their-visa… We're a 100% remote team that promotes supreme trust in one another to achieve our mission of helping merchants. We work hard to meet deadlines, achieve goals, and ensure we obsess over customer needs. At the same time, we ruthlessly prioritize so that our precious, invaluable time is efficiently used and flexibly towards its best use (both meaningful work and all the things that make for a meaningful life outside of work!). We're backed by some experienced fintech operators and investors, including the former President of Verifone APAC, Tiger Management, InterPrivate (mid market PE firm sponsoring several SPACs), and a former US Treasury Secretary.