Team
Sander Chen
Chief Product Officer, Xtraspots
- Aalto University EMBA
Background
10 years of UX and product design leadership at Fortune 500 companies and AI startups. Writes the weekly Payment Update, a short read on card fees, POS pricing and contracts for owners in New York City, Westchester and Long Island.
About Xtraspots
Xtraspots is a payments broker and POS partner for restaurants and small shops in New York City, Westchester and Long Island. We benchmark card processing across six processors, read statements line by line, and put hardware you own on the counter.
Payment Update articles
- Your POS bill grows with every add-on. What one owner's $950 a month teaches
- Approved on the terminal, unpaid on the screen. What to do before you charge a guest twice
- Two Mastercard fees that were not on your statement in March. Force post and fallback
- A tenth of a point off swipe fees, on paper. What the Visa and Mastercard settlement does for a New York restaurant
- Free software, paid operations. What one brewery learned in its first year on Square
- SumUp's new $49 POS Plus. Free POS is free until the shop gets busy
- Toast moved its card rate again. Here is what it costs and what Section 6.2 lets you do