CardNET

What CardNET does

CardNET (legal name Consorcio de Tarjetas Dominicanas S.A.) is a Dominican Republic payment processor and network operator founded in 2000 and headquartered in Santo Domingo, with a workforce of 251-500 employees. The company operates the ATH debit network and the ACH transfer system, connecting virtually every major Dominican bank, their ATMs, and merchants into a single domestic electronic payments infrastructure.

The company's product portfolio spans physical POS hardware (Pocket POS, POS Móvil, POS Fijo) priced on monthly subscription plans ranging from RD$599.99 to RD$2,695, plus a digital commerce stack that includes Botón de Pago, Enlace de Pago, Pagos Automáticos, POS Virtual, and the recently launched Cobros por WhatsApp for messaging-based acceptance. Value-added services such as Tokenización, My Currency, and Paso Rápido extend the platform beyond core processing. Customers range from Dominican financial institutions (via the consortium model) to small and mid-sized merchants in retail, hospitality, restaurants, and aviation, with the IDAC (Dominican aviation authority) partnership representing a notable public-sector win.

CardNET generates revenue primarily through recurring monthly terminal rental fees, transaction-based fees across debit, ACH, and gateway rails, and fees tied to specialized channels such as WhatsApp-based collections. GTM combines direct enterprise sales to banks and large merchants with self-serve onboarding for the SMB/PYME long tail. The April 2026 strategic alliance with Mastercard and continued product launches signal ongoing investment in digital and omnichannel acceptance, reinforcing CardNET's incumbent position in the Dominican payments stack.

Name

CardNET

Legal name

Consorcio de Tarjetas Dominicanas S.A.

Website

https://cardnet.com.do

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

251–500 employees

Short description

CardNET is a Dominican Republic payment processor and network operator that runs the ATH debit network and ACH system, connecting local banks and merchants through POS hardware, online gateways, and value-added services for SMB and enterprise clients.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro primary industry

Card-Present Acquirers (Retail & POS Focus) (FSAMABAC)

akta.pro secondary industries

POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO), POS Payment Software & Middleware (Terminal OS, Apps, Device Management) (FSAMADAC), POS Terminal Hardware (Countertop, Mobile, PIN Pads) (FSAMADAA)

Keywords

• Payment processing services
• POS terminal solutions
• Online card payments
• ATM network switching
• ACH electronic transfers

Headquarters

HQ city

Santo Domingo

HQ country

Dominican Republic

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. POS Terminal Rental: Monthly rental fees for physical POS terminals including Pocket POS, POS Móvil, and POS Fijo. Merchants pay recurring monthly fees for terminal hardware access.
2. Online Payment Solutions Subscription: Monthly subscription fees for online payment tools including Botón de Pago, Enlace de Pago, Pagos Automáticos, and POS Virtual.
3. Cobros por WhatsApp: Free activation with potential transaction fees for WhatsApp-based payment collections.
4. Financial Institution Network Services: Switching and settlement services for financial institutions operating ATH debit network and ACH transfers.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

CardNET (Consorcio de Tarjetas Dominicanas S.A.) is a Dominican payment processing consortium that provides physical point-of-sale terminals, online payment acceptance tools, and operates the ATH debit/ATM network and ACH electronic funds transfer infrastructure connecting all financial institutions in the Dominican Republic. Merchants (primarily small and medium businesses) can rent POS hardware such as Pocket POS, POS Móvil, and POS Fijo, or subscribe to online tools including Botón de Pago, Enlace de Pago, Pagos Automáticos, POS Virtual, and Cobros por WhatsApp, all PCI DSS certified.

Product overview

CardNET operates as a payment processing consortium in the Dominican Republic offering a unified platform of physical POS terminals and online payment solutions. The product portfolio consists of: Physical payment terminals (Pocket POS portable device, POS Móvil cellular terminal, POS Fijo fixed terminal, Puntos de Ventas with Ingénico/Verifone devices, and Alöja integrated solution); Online payment solutions (Cobros por WhatsApp for payment collection via messaging, POS Virtual for web transactions, Botón de Pago embedded payment button, Enlace de Pago shareable payment links, Pagos Automáticos for recurring billing, and Tokenización for secure card data storage); Additional tools (My Currency for foreign exchange, Paso Rápido quick checkout, Comprobante en Linea digital receipts, Pagos en Cuotas installment payments); and Infrastructure services (Red de Cajeros ATH ATM network and Transferencias ACH electronic funds transfer). All online solutions are PCI DSS certified. Founded in 2001, the consortium celebrated its 25th anniversary in 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Pocket POS Compact, portable point-of-sale terminal that lets small merchants accept card payments anywhere.
• POS Móvil Mobile POS terminal with cellular connectivity for processing card payments at varying merchant locations.
• POS Fijo Fixed point-of-sale terminal installed at merchant locations for in-person card payment acceptance in retail and service environments.
• Puntos de Ventas (POS) Full line of point-of-sale terminals including Ingenico and Verifone devices for fixed merchant installations.
• Cobros por WhatsApp Online payment solution enabling merchants to send and receive card payments directly through the WhatsApp messaging platform, converting conversations into sales.
• POS Virtual Virtual point-of-sale terminal for online card payment acceptance, PCI DSS certified for secure transactions.
• Botón de Pago Payment button solution that merchants can embed into websites or e-commerce platforms to accept card payments.
• Enlace de Pago Payment link solution generating shareable URLs for card payment collection across digital channels including social media, email, and messaging apps.
• Pagos Automáticos Automated recurring payment solution that enables merchants to set up and manage subscription billing and scheduled payments.
• Red de Cajeros ATH ATH ATM network operated by CardNET providing interbank connectivity for ATM access, debit card transactions at POS terminals, and switching and settlement services for financial institutions.
• Transferencias ACH Electronic fund transfer service enabling interbank transfers including supplier payments, payroll processing, loan payments, and person-to-person remittances across the Dominican Republic.

Quantifiable outcome

• Up to 30% increase in sales for merchants accepting card payments
• +1 more outcomes

Named customers2 records

Segments4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• MastercardcoreStrategic or Co-development Partner · 30 April 2026CardNET and Mastercard partnership announced in April 2026 to drive expansion of digital payments and innovation in the Dominican Republic. This strategic alliance aims to modernize payment infrastructure and increase digital payment adoption across the country.
• ATH Network (Dominican Financial Institutions)coreOthersCardNET operates the ATH Debit Network interconnecting all Dominican banking institutions for ATM access and interbank transactions.

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Evertec: Caribbean and Latin America payment processor and merchant acquirer (headquartered in Puerto Rico), operating ATH-like debit switches and processing for banks across multiple Caribbean/LatAm markets — the closest direct peer to CardNET's ATH switching and acquiring model.
• Square (Block): Global POS hardware and software provider offering mobile card readers, POS software, and integrated payments targeting SMB merchants — directly comparable to CardNET's Pocket POS and POS Virtual product lines.

Regional players

• Clip: Mexico-based mobile POS and payment acceptance provider for SMBs, offering card readers, POS software, and online payments — a close regional analogue to CardNET's Pocket POS / POS Móvil proposition.
• PagSeguro (PagBank): Brazilian acquirer and digital payments provider with mobile POS terminals, payment links, and online checkout serving SMBs — a regional peer with comparable physical + online payment product set in Latin America.
• Cielo: Brazil's largest card acquirer providing POS acquiring, online payments, and e-commerce solutions for merchants — comparable merchant acquiring franchise at much larger scale in a regional market.
• StoneCo: Brazilian acquirer offering POS terminals, online payments, and banking products to SMB merchants — directly comparable hardware + software + payments business model, focused on LatAm.

Emerging players

• Stripe: Global online payment processor offering developer-friendly APIs, payment links, and a growing push into in-person acceptance — competes with CardNET's POS Virtual, Botón de Pago, and Enlace de Pago products.
• Mercado Pago: Latin American digital payments and POS platform from Mercado Libre, offering QR, online checkout, and POS terminals across the region — increasingly relevant in the DR through cross-border e-commerce and SMB expansion.

Broad incumbents

• Mastercard: Global card network and increasingly a payments technology provider — already a strategic partner of CardNET as of April 2026, while also competing in acceptance infrastructure, processing, and digital wallets globally.
• Global Payments: Global payment technology and acquiring giant with merchant services, POS, and issuer solutions across many markets — a broad incumbent whose Caribbean and online processing lines overlap with CardNET's acquiring and online business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CardNETRD
• Facebookfacebook.com/CardNETRD
• LinkedInlinkedin.com/company/consorcio-de-tarjetas-dom-cardnet

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CardNET