What PayProTec does

PayProTec, founded in 2004 and operating as a registered DBA of EPX, is a US-based payment processing company and Independent Sales Organization (ISO) that distributes merchant services to small and mid-sized businesses through a national network of more than 6,000 independent sales agents. The company serves three primary verticals — restaurants, retail, and e-commerce — and is sponsored by three acquiring banks: BMO Harris Bank N.A., Fresno First Bank, and Citizens Bank N.A. Its 20+ year operating history, "Proudly Made in Indiana" identity, and Warsaw, Indiana operating base (with the legal parent NorthAB, LLC registered in Troy, Michigan) position it as an established mid-tier ISO rather than a payments fintech entrant.

The core technology stack centers on EPX, PayProTec's proprietary in-house payment processor, which provides next-day funding and serves as the single integration point for the Payments Hub merchant operations platform and partner-facing dashboards. Layered on this base are the EDGE pricing program (offering dual pricing, cash discount, and surcharge options that can offset up to 99% of merchant credit card processing fees), a PCI DSS Level 1 certified e-commerce gateway powered by NMI with hosted payment pages and tokenized data reuse, branded terminal hardware from Valor (VL100, VL110, VL500), Dejavoo (QD2/QD4), Ingenico (Move/3500), and Payanywhere smart devices, plus software integrations such as Chargezoom for accounts receivable automation, Homebase for employee scheduling, DeNovo for cloud connectivity, and POS solutions from KwickPOS, Korona POS, and Retail Cloud. Cash Buoy provides up to $500,000 in working capital advances to qualified merchants.

PayProTec generates revenue through multiple streams: merchant transaction processing fees across interchange-plus, flat-rate, and EDGE pricing models; hardware sales and placement under free equipment agreements; per-transaction residuals paid to 1099 sales agents (with PEAK bonus multipliers of up to 12x-14x); subscription and add-on fees for value-added software services such as Chargezoom and Homebase; and yield/spread from Cash Buoy merchant cash advances. The go-to-market model is uniquely partner-centric: PayProTec commits contractually to never compete with its agents via in-house direct sales, supports them with white-label "Brand Yourself" branding, dedicated POS Pros demo support, partner portals for residual tracking, and a PEAK compensation structure. This distribution-first architecture, combined with vertical specialization in SMB food service and brick-and-mortar retail, defines PayProTec's commercial model.

Name

PayProTec

Legal name

NorthAB, LLC

Website

https://payprotec.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

PayProTec is a US-based payment processor and Independent Sales Organization using its proprietary EPX platform to serve SMB merchants in restaurants, retail, and e-commerce through 6,000+ independent sales partners, providing POS, EDGE pricing, software integrations, and working capital solutions.

Ownership category

akta.pro rank

Product category

Merchant Payment Processing Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Sales Financing (52222)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

akta.pro secondary industries

Card-Present Acquirers (Retail & POS Focus) (FSAMABAC), Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO)

Keywords

• Merchant payment processing
• Payment processing services
• ISO partner program
• Point of sale systems
• Merchant services

Headquarters

HQ city

Warsaw

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Merchant Payment Processing Fees: PayProTec earns revenue by charging merchants fees for processing credit and debit card transactions. The company offers multiple pricing models including standard interchange-plus pricing, flat rate pricing (where merchants pay a consistent per-transaction rate), and the EDGE program which allows merchants to offset processing costs through dual pricing, cash discounts, or surcharges. Partners earn residuals based on merchant transaction volumes and the pricing plans they sell.
2. Hardware Sales and Placement: The company sells and places payment hardware including terminals (Valor VL series, Dejavoo QD series, Ingenico Move/3500, Payanywhere smart devices), POS systems, and related equipment. Hardware is provided through Free Equipment Placement Agreements. Revenue is generated through hardware sales and associated service fees.
3. Partner Program Residuals and Bonuses: Partners (ISO/Agent sales partners) earn commissions and residuals based on the transaction volume of merchants they onboard. The PEAK bonus program offers multipliers up to 12x and 14x on partner compensation, and the EDGE program allows partners to earn up to 5x more. The company generates revenue from the spread between merchant fees and wholesale processing costs.
4. Software Subscriptions and Add-on Services: Additional revenue from software services including Payments Hub management tools, Chargezoom accounts receivable automation, Homebase employee scheduling, and integrated third-party software solutions. Partners and merchants pay for premium features and add-on services within the platform ecosystem.
5. Working Capital / Cash Buoy: Cash Buoy provides merchants with business cash advances of up to $500,000 based on future receivables and sales. PayProTec earns fees from these working capital products offered to existing merchant clients.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels12 records

Core offering

PayProTec is a registered ISO (Independent Sales Organization) of EPX that delivers credit and debit card payment processing services to merchants through a national network of independent 1099 sales partners. Its core product is the Payments Hub merchant operations platform, complemented by the EDGE pricing program that lets merchants reduce or offset processing fees via dual pricing, cash discount, or surcharge, along with POS solutions, payment hardware, and add-on software services such as accounts receivable automation and employee scheduling.

Product overview

PayProTec is a payment processing company operating as a partner-centric ISO (Independent Sales Organization) network. The core product portfolio centers on the Payments Hub all-in-one platform combined with the EDGE pricing program that reduces merchant credit card fees. The ecosystem includes Point of Sale solutions for restaurants, retail, and ecommerce; hardware equipment (Valor, Dejavoo, Ingenico, Payanywhere devices); and software integrations (Chargezoom for receivables, DeNovo cloud connectivity, Homebase scheduling). The company serves sales partners through myPayProtec portal, POSLead lead generation, Brand Yourself white-label program, and Partner Portal. Additional services include Cash Buoy working capital financing. All payment processing is powered by EPX as the underlying processor. The architecture is a platform-plus-partner-modules model where EPX/Payments Hub serves as the core processing engine with partner-facing tools for sales, branding, and lead management.

Differentiator

Problem solved

Functional benefit

Brands

• EDGE: Specialized pricing program for merchants to reduce credit card processing fees by collecting a small additional amount on credit card transactions.
• Payments Hub
• myPayProTec
• POSLead
• Brand Yourself
• PEAK Bonus
• Cash Buoy

Products and services

• EDGE EDGE is PayProTec's fee-reduction pricing program that lets merchants offset or nearly eliminate credit card processing costs by collecting a small additional amount on each credit card transaction (dual pricing, cash discount, or surcharge). It is offered to merchants through PayProTec's independent sales partner network and can boost partner residual earnings up to 5x.
• Payments Hub Payments Hub is an all-in-one merchant operations ecosystem providing sales volume tracking, transaction activity, customer management, employee management, dispute handling, online payments, invoicing, item management, integrations, supplies, and reporting. It is backed by the proprietary EPX processor and serves as the central interface for PayProTec merchants.
• Point of Sale (POS) PayProTec POS offerings bundle payment processing with POS software features for restaurants (table tracking, online ordering, kitchen display), retail (smart inventory, loyalty programs, mobile POS for roaming associates), and e-commerce merchants, delivered through partner-led deployments.
• Equipment PayProTec distributes payment hardware including Valor VL series (VL100, VL110, VL500), Dejavoo QD series (QD2, QD3, QD4), Payanywhere smart POS and mobile readers, and Ingenico Move/3500 portable terminals, offered through Free Equipment Placement Agreements and direct sale to merchants.
• Chargezoom Chargezoom is an add-on accounts receivable automation platform integrated into the PayProTec ecosystem that digitizes invoicing, accelerates collections, and replaces manual paper-based receivables workflows for merchants.
• Cash Buoy Cash Buoy is PayProTec's working capital solution that provides merchant cash advances of up to $500,000 based on future receivables and sales, offered to existing merchant clients within the PayProTec ecosystem.
• myPayProTec myPayProTec is the partner resource portal delivering merchant applications, marketing collateral, education, statement analysis tools, and proposal generation capabilities to PayProTec's network of independent sales partners.
• POSLead.com POSLead.com is a lead-routing platform that lets partners submit POS merchant leads; the POS Pros team then conducts demonstrations on the partner's behalf at no cost, extending partner sales reach without requiring technical demo capability.
• Brand Yourself Brand Yourself is a white-label program that lets PayProTec partners imprint their own brand identity across merchant applications, support, merchant portal, statements, and partner portal, enabling local payment specialists to build personal brand relationships with their merchants.
• E-commerce Payment Gateway PayProTec's e-commerce payment gateway is a PCI DSS Level 1 certified service providing hosted payment pages, custom API integrations (NMI Direct Post and Collect.js), fraud detection, tokenized data reuse, and shopping cart integrations with WooCommerce, Shopify, Magento, and BigCommerce.

Quantifiable outcome

• Eliminate up to 99% of merchant credit card processing fees with EDGE
• +5 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

Feature9 records

Partnerships

19 partnerships are on record, tiered core, major and adjacent.

• EPX (Electronic Payment Exchange)coreTechnology or IntegrationEPX is the company's internal payment processing platform. PayProTec operates as a registered DBA of EPX, leveraging EPX's processing infrastructure for all merchant transactions. As both processor and gateway, EPX enables single-point integration, next-day funding, and rapid updates for unique requirements.
• BMOHarris Bank N.A.coreOthersPayProTec is a registered ISO (Independent Sales Organization) of BMOHarris Bank N.A., Chicago, IL. The bank partnership enables the company's payment processing operations and merchant fund settlement.
• Fresno First BankcoreOthersPayProTec is a registered ISO of Fresno First Bank, Fresno, CA. The bank partnership provides additional sponsorship for payment processing operations and fund settlement.
• Citizens Bank N.A.coreOthersPayProTec is a registered ISO of Citizens Bank N.A., Providence, RI. The bank partnership provides additional sponsorship for payment processing operations and fund settlement.
• Valor PayTechmajorTechnology or IntegrationValor PayTech manufactures the VL series payment terminals (VL100, VL110, VL500) offered by PayProTec. Features include contactless payments, PCI-PTS 5.0 certified PIN pads, and automatic failback connectivity.
• DejavoomajorTechnology or IntegrationDejavoo provides the QD series terminals (QD2, QD4) with ultra-fast performance, large touchscreen displays, internal PIN pads, and contactless capabilities. The AURA software is shared with the Z Line series.
• IngenicomajorTechnology or IntegrationIngenico provides the Move/3500 portable payment terminal, described as the best-in-class pocket-sized portable terminal meeting future security standards, accepting any payment method and enabling NFC payments.
• PayanywheremajorTechnology or IntegrationPayanywhere provides an all-in-one payment platform with smart POS devices, terminals, and mobile card readers supporting chip EMV, magnetic stripe, and contactless payments. Includes Android software, built-in barcode cameras, and WiFi/4G connectivity.
• ChargezoomadjacentTechnology or IntegrationChargezoom provides accounts receivable automation integrated into PayProTec's ecosystem. The platform digitizes invoicing, reduces manual paper-based processes, and accelerates payment collection for merchants.
• HomebaseadjacentTechnology or IntegrationHomebase provides all-in-one employee scheduling, time clocks, payroll, and team communication tools integrated with PayProTec's merchant ecosystem. Designed for hourly teams including restaurants, retail, healthcare, and service businesses.
• NMI (Network Merchants Inc.)majorTechnology or IntegrationNMI provides the payment gateway powering PayProTec's e-commerce solutions. Supports hosted payment pages, custom API integrations including Direct Post and Collect.js JavaScript SDK, fraud detection, tokenized data reuse, and PCI DSS Level 1 certification.
• WooCommerceadjacentTechnology or IntegrationWooCommerce integration enables PayProTec merchants to accept online payments through WooCommerce-powered e-commerce stores.
• ShopifyadjacentTechnology or IntegrationShopify integration enables PayProTec merchants to accept online payments through Shopify-powered e-commerce storefronts.
• MagentoadjacentTechnology or IntegrationMagento integration enables PayProTec merchants to accept online payments through Magento-powered e-commerce platforms.
• BigCommerceadjacentTechnology or IntegrationBigCommerce integration enables PayProTec merchants to accept online payments through BigCommerce-powered e-commerce storefronts.
• KwickPOSadjacentTechnology or IntegrationKwickPOS is a restaurant-focused POS system with online ordering and operations management, integrated with PayProTec's payment processing for restaurant merchants.
• Korona POSadjacentTechnology or IntegrationKorona POS is a cloud-based POS system for retail and restaurant merchants, integrated with PayProTec's payment processing solutions.
• Retail CloudadjacentTechnology or IntegrationRetail Cloud provides cloud-based retail POS and management solutions, integrated with PayProTec's payment processing ecosystem.
• MyntadjacentTechnology or IntegrationMynt provides POS and payment solutions for merchants, integrated with PayProTec's processing network.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Payment Depot: Payment Depot is a payment processor and ISO that distributes merchant services primarily through independent sales agents and partner referrals. Directly comparable to PayProTec in ISO/agent distribution model, interchange-plus pricing, and SMB target market.
• National Processing: National Processing is an ISO focused on serving SMB merchants through a partner/agent channel with transparent pricing. Directly comparable to PayProTec in agent-driven acquisition, restaurant/retail focus, and residual compensation model.
• Host Merchant Services: Host Merchant Services is an SMB-focused payment processor with interchange-plus pricing and an ISO/agent program. Comparable to PayProTec in pricing transparency, agent partner distribution, and target merchant verticals.
• PaymentCloud: PaymentCloud is an ISO specializing in high-risk and SMB merchant processing with a partner/agent program. Comparable to PayProTec as an ISO/agent channel competitor serving SMB merchants with multi-bank sponsorship.
• Dharma Merchant Services: Dharma is an SMB payment processor focused on transparent interchange-plus pricing and partner/ISO distribution. Closely mirrors PayProTec's no-Square, agent-friendly positioning and merchant education focus.
• North American Bancard: North American Bancard is a large ISO/agent-focused payment processor serving SMBs across the US. Directly comparable to PayProTec in agent distribution, multi-bank sponsorship, and merchant processing economics.

Emerging players

• Stax (formerly Fattmerchant): Stax is a subscription-based payment processor targeting SMBs with flat-rate-style pricing and integrated software. Competes with PayProTec's interchange-plus/EDGE offering on transparent pricing but with a different go-to-market.

Broad incumbents

• Clover Network (Fiserv): Clover is Fiserv's integrated POS + payments platform distributed to SMBs through ISO/agent banks. Comparable to PayProTec as a vertically integrated POS+processing bundle competing for the same restaurant/retail merchants.
• Square (Block): Square is the dominant flat-rate SMB payments and POS platform with strong direct-to-merchant brand. PayProTec positions EDGE and partner-led service explicitly against Square's pricing model.
• Stripe: Stripe is a leading online payment processor and developer-first platform serving SMB and enterprise merchants. Comparable to PayProTec on the e-commerce gateway side (NMI, Shopify/WooCommerce integrations) and as a competitive benchmark.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/payprotec
• YouTubeyoutube.com/channel/UCxYZbNkcE5eschikbxxlOuw
• Facebookfacebook.com/payprotec
• LinkedInlinkedin.com/company/payprotec---warsaw
• Instagraminstagram.com/mypayprotec

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 PayProTec