Groupon Buys Up Credit Card Comparison Service FeeFighters

FeeFighters, a three-year-old company that helps small businesses compare payment providers, has been acquired by daily deals giant Groupon.

TechCrunch first reported the acquisition, which was posted on the FeeFighters’ blog.

“Our goals have always been to help small businesses run more efficiently, and by teaming up with Groupon, a pioneer in local e-commerce, we are able to execute on that goal even better than we were as an independent company,” writes FeeFighters’ co-founder and CEO Sean Harper.

Terms of the deal were not disclosed.

Harper said that most of FeeFighters’ employees will be joining Groupon, and that it does not have any major changes planned for its product line.

The company is known for providing businesses with a way to compare fees for various payment methods, based on volume and average transaction sizes. It also has built an online payment gateway, called Samurai.

It’s not immediately obvious why Groupon would be interested in FeeFighters, but over the past few months, it has been working hard to establish itself as a company that provides many services to small business, including lead-generators like daily deals.

For instance, earlier this week, it rolled out Groupon Scheduler, which allows spas and salons to book appointments with customers online.

To accomplish this goal, Groupon has acquired a number of tech companies.


Latest Video

View all videos »

Search »

I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik