Fixed Ops Roundtable
Mike Steinmetz: How Dealerworks Is Cutting Payment Costs and Saving Time for Dealers
19:35
Mike Steinmetz went from New York actor to one of automotive’s go-to payments experts, spending 12 years inside dealerships fixing how they get paid. Today he’s the CEO of Dealerworks, a bootstrapped payments platform built specifically for car dealers.
Here’s the number most stores have stopped looking at. Dealerships typically pay between 2% and 3.5% on every card transaction. Spread that…