Feefighters
From Wikipedia, the free encyclopedia
 | |
Type of site | payment |
|---|---|
| Available in | English |
| Founder(s) |
|
| URL | www |
| Commercial | Yes |
| Launched | 2009 |
| Current status | Active |
FeeFighters is a payment processing platform and comparison shopping website for credit card processors. The site was launched in 2009[1] and was acquired by Groupon in 2012.[2] FeeFighters has been featured in The New York Times, Entrepreneur (magazine), Inc. (magazine) and TechCrunch, with BusinessWeek profiling it as "One of America's Most Promising Startups."[3][4][5][6]
FeeFighters started out as a comparison shopping site for credit card processors and eventually launched its own payment processing platform,[7] Samurai, to facilitate payment integration for software developers, achieve PCI compliance and reduce credit card processing fees.[8]
FeeFighters raised $1.6 million in funding from investors including 500 Startups, Hyde Park Angels, OCA Ventures and Sandbox Industries.[9]
Controversy
In 2011, FeeFighters wrote a negative blog article claiming that a company bumped its rating from an "F" to an "A" by paying the Better Business Bureau.[10] The controversy was covered by The Today Show.[11] As a result, the BBB pulled the company's accreditation.[12] The BBB later admitted the pay-for-ratings incident.[13]