pending
AI Evaluation
Recommendation
92
Meet
Direct ROI play against current Heartland contract. Transparent flat-rate pricing, no-contract, proven hospitality references in Chicago.
Strengths
- Quantified savings vs current vendor
- Hospitality-native references
- No long-term contract risk
- Same-day funding improves cash flow
Risks
- Need to confirm interchange-plus vs flat rate at your volume
- Verify chargeback handling
Follow-up questions
- What is the effective rate at $80k/mo volume?
- How are PIN debit transactions priced?
- What happens if rates change mid-year?
Estimated value: $1,200/mo ($14,400/yr)
How we decided: SwiftPay scored 92 because it directly attacks the owner’s largest recurring cost — payment processing. The request quantifies a $14,400/year savings against the current Heartland contract, provides Chicago hospitality references, and carries no long-term contract risk. Same-day funding is a real cash-flow benefit for a bar. The main risk is confirming the exact rate structure at the owner’s $80k/month volume, but even with conservative assumptions the ROI is clear.
What we still needed before deciding
- What is the effective rate at $80k/month volume?
- How are PIN debit transactions priced?
- What happens if rates change mid-year?
What the vendor said
- What they sell
- Flat 1.85% + 8¢ card processing built for bars and restaurants, with same-day funding.
- Why this meeting
- You're on Heartland — most pubs your size save $800–$1,400/mo when they switch. No contract, month-to-month.
- Estimated impact
- $1,200/mo savings vs Heartland
- Hospitality customers
- The Hopleaf, Maple & Ash, Lone Wolf
- Case studies
- Case study: Lone Wolf cut processing 31% in 90 days.
- Contract required
- No
- Implementation time
- 2 weeks
- Preferred times
- Tue–Thu mornings