What Moonlight Payments does

Moonlight Payments is a private US payment processing company founded in 2020 and headquartered at 7901 4th St N Ste 300, St. Petersburg, Florida, with the legal entity Moonlight Payments Inc. registered in Florida. The company connects merchants with a network of 30+ leading banking partners to provide card-not-present, e-commerce, high-risk, and continuity/subscription payment processing. Its core differentiator is access to banking relationships at the highest institutional levels that approve merchant accounts standard processors reject, particularly for elevated-risk, subscription, and continuity business models. The product portfolio spans four named lines — Payment Processing Services, Card Not Present/E-commerce Processing, High Risk Processing Solutions, and Continuity Payment Solutions — supported by a dedicated Client Success Management service that provides direct engagement with payments veterans rather than first-line call center staff.

The business is led by Founder & President Brian Randolph and Co-Founder & Vice President Tim Reynolds, both previously senior operators at the Inc. 500-honoree processor National Merchants Association; Reynolds additionally held a VP role at Bank of America. The broader team is composed entirely of payments industry veterans, including a Director of Business Development, a Client Success Manager, and an Operations Manager, all drawn from NMA or other established financial institutions. Moonlight Payments monetizes via transaction fees on each payment processed through its banking partner network, with pricing structured as custom, quote-based rates determined per merchant by risk profile, processing volume, and business model, billed monthly. No public pricing tiers, standard rate cards, or disclosed revenue figures are available.

The company operates a hybrid go-to-market combining direct merchant acquisition (website contact form, phone at (855) 462-5599, email at [email protected]) with a channel partner network of independent sales organizations and agents who bring in hard-to-place merchant accounts. Targeted customer segments include e-commerce and SaaS businesses, elevated-risk merchants, subscription/continuity operators, brick-and-mortar retailers, and ISO/agent partners — a horizontal segmentation approach. The firm is privately held with no disclosed institutional investors, no public funding history, no M&A activity, and no regulatory actions on record. The website copyright indicates 2026, consistent with continued operation.

Name

Moonlight Payments

Legal name

Moonlight Payments Inc.

Website

https://moonlightpayments.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Moonlight Payments is a US payment processor founded in 2020 that places high-risk, e-commerce, and continuity/subscription merchant accounts using 30+ established banking relationships, serving SMB merchants and ISO/agent partners via direct sales and a channel network.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Merchant Acquiring Banks & ISO/MSP Acquirers (FSAMABAB)

akta.pro secondary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

Keywords

• High risk payment processing
• Card not present processing
• Merchant account services
• ISO agent partnerships
• Subscription billing processing

Headquarters

HQ city

San Juan

HQ country

Puerto Rico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Payment Processing Services: Moonlight Payments generates revenue through transaction fees charged to merchants for processing credit and debit card payments. As a payment processor and ISO aggregator, they earn a percentage of each transaction processed through their banking partner network.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Moonlight Payments is a payment processing service provider (ISO aggregator) that connects merchants with banking partners for credit and debit card transaction processing. The company specializes in high-risk merchants, e-commerce/card-not-present businesses, and subscription/continuity models, leveraging long-standing relationships with 30+ leading banks to secure merchant account approvals and negotiate competitive rates that standard processors cannot obtain.

Product overview

Moonlight Payments offers a unified suite of payment processing services designed for merchants across various industries, including ecommerce, high-risk businesses, and continuity/subscription models. The core portfolio centers on Card Not Present/Ecommerce Processing and High Risk Processing Solutions, supported by dedicated Client Success Management services. The company leverages partnerships with 30+ leading banks to provide rate negotiation and durable processing that other processors cannot offer. The product line functions as a cohesive offering—merchants gain access to competitive rates and banking relationships, backed by experienced account managers who handle chargebacks, risk, and operational support throughout the merchant lifecycle.

Differentiator

Problem solved

Functional benefit

Products and services

• Payment Processing Services Core payment processing services for businesses, providing transaction handling, rate negotiation with banking partners, and ongoing account support for merchants across various industries. Designed for merchants needing durable processing access.
• Card Not Present / Ecommerce Processing Specialized payment processing for online and e-commerce businesses, including card-not-present transactions, designed to provide competitive rates and durable processing for internet-based merchants.
• High Risk Processing Solutions Payment processing solutions tailored for businesses with elevated risk profiles, leveraging deep banking relationships to secure merchant accounts that other processors cannot provide.
• Continuity Payment Solutions Specialized payment processing for subscription-based, continuity, and SaaS business models, helping merchants navigate industry changes and maintain viable processing arrangements.
• Client Success Management Dedicated account management and support services providing direct access to payments experts for chargeback management, risk mitigation, and ongoing merchant assistance throughout the merchant lifecycle.

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• 30+ Leading BankscoreStrategic or Co-development PartnerMoonlight Payments has established long-term, high-level partnerships with over 30 leading banks that few competitors can access. These banking relationships are the foundation of their value proposition, enabling them to get merchant accounts approved that competitors cannot place. The banks take calls from Moonlight and approve deals that would be rejected elsewhere.

Scale indicators1 record

Recent moves6 records

Expansion highlights3 records

Direct peers

• Host Merchant Services: ISO/MSP offering merchant processing services to SMBs including high-risk and e-commerce verticals with comparable direct + agent GTM.
• National Merchants Association: Direct predecessor and most comparable peer — same high-risk / e-commerce / continuity ISV/ISO focus, same founder DNA (Brian Randolph and Tim Reynolds were COO and Director of Operations respectively), and same channel partner-led GTM motion. Moonlight effectively spun out of the NMA playbook.
• High Risk Pay: Specialized ISO/payment processor focused on hard-to-place and high-risk merchants across e-commerce, CBD, adult, and continuity verticals — directly overlapping Moonlight's core segments with a comparable take-rate-based revenue model and bank-relationship-led distribution.
• PaymentCloud: ISO/MSP acquirer specializing in high-risk merchant accounts with a multi-bank sponsorship model and direct merchant + agent channel — serves the same hard-to-place merchant niche Moonlight targets, with similar value proposition centered on banking relationships.
• Soar Payments: High-risk merchant account specialist offering card-not-present and e-commerce processing through multiple bank sponsors. Closely comparable in customer segment (high-risk, subscription, continuity), pricing model, and reliance on deep sponsor-bank relationships.
• Durango Merchant Services: Independent sales organization focused on high-risk and e-commerce merchants via agent/ISO channel and multiple sponsor-bank relationships — directly comparable GTM and customer overlap with Moonlight.
• Clearent (now part of Forward Slash): Independent sales organization and payment processor with multi-bank sponsorship and agent/ISO-led distribution, serving SMB merchants across general and higher-risk categories — comparable on the ISO-reseller model and SMB merchant focus.

Emerging players

• Stax (formerly Fattmerchant): Subscription-based payments platform serving SMBs with interchange-plus pricing and integrated software/SaaS focus — comparable in its emphasis on subscription and recurring-revenue merchants, though more tech-enabled than Moonlight's relationship-led model.

Broad incumbents

• Stripe: Dominant integrated PSP serving e-commerce and software businesses globally. Not a direct competitor in the high-risk niche that Moonlight targets, but defines the mainstream processing baseline that pushes merchants to specialized ISOs in the first place.
• Square (Block): Broad payments incumbent covering in-person and online processing for SMBs. Comparable only in the brick-and-mortar retail segment Moonlight serves on the side, but structurally different — built for low-risk, tech-first merchants rather than high-risk niche.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

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 Moonlight Payments