360 Payments
360 Payments is a payment processing company serving small and mid-sized businesses in the automotive, medical, and dental industries, offering integrated payments, financing, and business credit cards distributed through 30+ shop management software integrations and direct sales.
- Company typePrivate
- Founded2011
- HeadquartersCampbell, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What 360 Payments does
360 Payments is a private payment processing company (legal entity: 360 Payment Solutions, Inc.) headquartered in California and operating as a subsidiary under Vehlo ('Driven by Vehlo' branding). Founded in 2011 and registered as an ISO of Wells Fargo Bank, N.A. and Fifth Third Bank, N.A., the company processes approximately $9B in annual payment volume across 10,000+ customers using 25,000+ devices, primarily serving small and mid-sized businesses in the automotive repair, medical, and dental verticals. Its core offering, Integrated Payments, embeds directly into 30+ leading shop management software platforms (including Mitchell 1, Shop-Ware, Tekmetric, NAPA TRACS, AutoServe1, and AutoVitals), enabling merchants to run payments, invoicing, and billing within existing workflows.
The product platform is modular and built around the integrated payments core, with add-ons spanning Text to Pay (secure payment links via SMS/email), the Consumer Financing Platform (point-of-decision financing with mobile approval), Mobile Payments (SwipeSimple and 360TAP devices for iOS/Android), Compliant Surcharging (debit/credit discrimination with a 3% Visa surcharge band as of April 2023), Business Capital (cash advances of $500-$300K based on payment processing history, funded by Celtic Bank), and the 360 Spend Card (an embedded business credit card launched June 2026 via Parafin on Column N.A. and Visa infrastructure, with pay-over-time statement fees of 11%-16%). The Spend Card product is sub-branded as '360 Spend' and accessed through a merchant portal branded 360 Hub.
The business model combines transactional revenue from interchange-plus pricing with yield from embedded lending products. Pricing is quote-based (not publicly disclosed), with transparent month-to-month agreements and no long-term contracts, distinguishing the company from processors that lock merchants into multi-year terms. Distribution combines direct SMB sales, embedded software partner channel referrals, self-service onboarding (legacy virtual terminal and 360 Hub), and OEM distribution of the Spend Card through Parafin. Revenue streams include processing transaction fees, Business Capital interest income from Celtic Bank-funded advances, and Spend Card fees (cash-back plus statement fees on revolving balances). Headcount is in the 11-50 range, supporting a lean go-to-market approach where channel partnerships offset the cost of direct customer acquisition.
360 Payments firmographics
Firmographics- Name
- 360 Payments
- Legal name
- 360 Payment Solutions, Inc.
- Website
- https://360payments.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- 360 Payments is a payment processing company serving small and mid-sized businesses in the automotive, medical, and dental industries, offering integrated payments, financing, and business credit cards distributed through 30+ shop management software integrations and direct sales.
- Ownership category
- akta.pro rank
360 Payments industry classification
Industry- Product category
- Payment Processing
- NAICS
- Nondepository Credit Intermediation (5222), Credit Card Issuing (522210), Activities Related to Credit Intermediation (5223), Consumer Lending (522291)
- SIC
- Miscellaneous Business Credit Institution (6159), Finance Services (6199), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)
- akta.pro secondary industries
- Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), Payment Reconciliation, ERP/AP Integration & Data Enrichment (Level 2/3, eReceipts) (THACAJAE), Corporate Billing, Statements, Chargeback & Dispute Management (THACAJAJ)
Keywords
Where 360 Payments is headquartered
LocationHeadquarters
- HQ city
- Campbell
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
360 Payments business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Payment Processing Transaction Fees: 360 Payments earns revenue through transaction fees charged on credit card processing. The company offers transparent interchange-plus pricing with no long-term contracts.
- Business Capital Lending: Small business loans and cash advances ranging from $500 to $300,000 issued through Celtic Bank, generating interest income on funded amounts.
- 360 Spend Card: Business credit card program powered by Parafin, generating revenue through transaction fees and financing terms (statement fees of 11%-16% for pay-over-time balances).
- Consumer Financing Platform: Financing integration services for auto repair shops, enabling customers to offer point-of-decision financing options with streamlined approval processes.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Compliant Surcharging for Credit Cards |
| Outcome Based/ Performance | Pay-as-you-go | Business Capital Financing |
| Transaction based/ take rate | Pay-as-you-go | 360 Spend Card |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
360 Payments product offering
Product offeringCore offering
360 Payments is a payment processing company that delivers integrated payment solutions to small businesses, primarily in the automotive repair, medical, and dental industries. Its core product is integrated payment processing that connects with 30+ shop management software platforms, augmented by modular offerings including Text to Pay remote invoicing, Consumer Financing, mobile payment devices (SwipeSimple and 360TAP), Compliant Surcharging, Business Capital small business financing, and the 360 Spend Card business credit card.
Product overview
360 Payments is a payment processing company offering a unified platform with modular add-ons for businesses, primarily serving the automotive, medical, and dental industries. The core product is Integrated Payments, which connects with leading shop management software platforms. Key modules include Text to Pay (remote payment links via text/email), Consumer Financing Platform (point-of-decision financing), Mobile Payments (SwipeSimple and 360TAP devices), Compliant Surcharging (fee offset solution), Business Capital (small business financing), In Person Payments, and Ecommerce solutions. The 360 Spend Card is a business credit card product built on Column N.A. and Visa infrastructure with Parafin technology. Industry-specific solutions are offered for Automotive, Medical, and Dental sectors, all integrated with the core payment platform.
Differentiator
Problem solved
Functional benefit
Brands
- 360 Spend: A business credit card designed to manage cash flow, offering up to one month of sales in credit based on sales history rather than credit scores, with flexible repayment options and 1% cash back on all purchases. Powered by Parafin and issued by Column N.A.
Products and services
- Integrated Payments
Quantifiable outcome
- Surcharging can reduce credit card processing costs by approximately 50%
- +2 more outcomes
Companies that use 360 Payments
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
360 Payments technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration33 records
Feature6 records
360 Payments partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and flagship.
- Mitchell 1coreMitchell 1 is a market leader in auto repair software. Strategic partnership to integrate 360 Payments' services into Mitchell 1's Manager SE shop management system, featuring Text to Pay, consumer financing options, and PCI-compliant payment processing.
- ParafincoreParafin is a financial infrastructure company providing embedded financial products for platforms. 360 Payments is already live with Parafin's Spend Card product - a fully managed business credit card program built on infrastructure from Column N.A. and Visa. The Spend Card enables platforms to offer revolving credit to small businesses without becoming banks.
- Column N.A.coreColumn N.A. is the issuing bank for the 360 Spend Card. Spend Cards are issued by Column N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc. Part of the Parafin Spend Card infrastructure.
- Shop-WarecoreShop management software provider for automotive industry with integrated payment processing from 360 Payments.
- TekmetriccoreShop management software provider for automotive industry with integrated payment processing from 360 Payments.
- NAPA TRACScoreNAPA TRACS automotive shop management software with integrated payment processing from 360 Payments.
- AutoServe1coreAutoServe1 shop management software with integrated payment processing from 360 Payments.
- AutoVitalscoreAutoVitals digital inspection and shop management software with integrated payment processing from 360 Payments.
- VehloflagshipVehlo is the parent company driving 360 Payments. Pete Plotas, Senior Vice President at Vehlo, noted the Mitchell 1 partnership exemplifies their commitment to providing innovative, integrated solutions for the automotive repair industry.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
360 Payments competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
360 Payments social profiles
Digital presence360 Payments financial estimates
Financial estimateRevenue estimate
Valuation estimate
360 Payments leadership team
Management profileNumber of profiles
Profiles1 record
360 Payments funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
360 Payments M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 360 Payments
What does 360 Payments do?
360 Payments is a payment processing company that delivers integrated payment solutions to small businesses, primarily in the automotive repair, medical, and dental industries. Its core product is integrated payment processing that connects with 30+ shop management software platforms, augmented by modular offerings including Text to Pay remote invoicing, Consumer Financing, mobile payment devices (SwipeSimple and 360TAP), Compliant Surcharging, Business Capital small business financing, and the 360 Spend Card business credit card.
Is 360 Payments a public or private company?
360 Payments is a private company. It is classified as corporate owned and is currently operating.
When was 360 Payments founded?
360 Payments was founded in 2011. It employs 11 to 50 people.
Where is 360 Payments based?
360 Payments is headquartered in Campbell, United States, in the North America region.
How does 360 Payments make money?
Four revenue lines are on record. Payment Processing Transaction Fees are the primary driver. The others are business Capital Lending, 360 Spend Card and consumer Financing Platform.
Does 360 Payments have an API?
No public API is recorded for 360 Payments.
What industry is 360 Payments in?
360 Payments's product category is Payment Processing. Its primary akta.pro industry code is FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets), with a secondary code of BPAMAFAF, Bill Pay, Invoicing & Payables Platforms. Its NAICS code is 5222 and its SIC code is 6159.