Fintech Upstart Disrupts Play: Swipebox Sets its Sights on $3B US Golf Industry

DENVER - May 8, 2017 - PRLog -- Swipebox, (www.swipebox.io) a fintech firm based in Denver that specializes in merchant payment management, has become the preferred payment provider for retailers, suppliers and manufacturers in the global Golf marketplace.

Golf merchants in the United States are responsible for nearly three billion of the $12.5B global golf equipment and apparel industry's annual sales, according to Golf Datatech & Yano Research Institute. Merchants of all sizes depend on seamless payment acceptance while supporting the roughly 25 million domestic golfers, and the growing international customer base.

Following the company's launch in Feb. 2017, Swipebox gained the interest and business of multiple golf manufacturers who were seeking a better payment gateway to integrate into their distribution management software. The recent partnership with a prestigious golf club manufacturer, and Swipebox's rapid adoption by small and larger retailers, points to a significant unmet need in the golf industry. The growing popularity of the Swipebox suite of services is a testament to the company's industry expertise and merchant-friendly support services. Counting a veteran of the PGA tour and an experienced sales and industry professional amongst its executive leadership team, Swipebox developed a competitively priced transaction management service.

Offering essential payment hardware such as chip enabled credit card terminals and point-of-sale tee time systems, the Swipebox platform supports a wide range of needs, including those of a high traffic golf courses, driving ranges or training providers. Finding an ideal partner in Swipebox, a large online retailer sought to expand their global reach, accessing customers around the world including the second and third largest markets of Japan and Korea. The Swipebox platform provides payment integration with most current online shopping cart platforms used by all online golf stores, enabling this retailer to meet the needs of the millions of potential customers.

For their brick and mortar clients, including well-known club fitting outlets and driving ranges, Swipebox provided a streamlined product deployment process, allowing each customer to apply, engage support and open business the next day with zero interruptions. With the most competitive payment processing rates available in the industry, for both online and standalone retailers, Swipebox brings a better transaction solution to an industry that demands speed, support and knowledge of their customer's evolving needs.

About Swipebox

Swipebox is a Denver-based payment gateway that provides a range of essential services for a merchant's payment ecosystem, offering the tools needed to start, manage and grow businesses. Visit https://www.swipebox.io/swipebox-golf/ for more information.

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For information on Swipebox solutions
Kellen Tallada
Chief Visionary Officer, Co-Founder
kellen@swipebox.io