USB Payment Processing NE

What USB Payment Processing NE does

USB Payment Processing NE is a privately held, Towson, Maryland-based Independent Sales Organization (ISO) of PNC Bank and Wells Fargo Bank that has resold credit and debit card processing services to small and medium businesses since 1996. The company serves the Maryland and greater DMV region (Washington DC, Maryland, Virginia) with a verticalized portfolio covering retail, restaurant, e-commerce, mobile, nonprofit, and healthcare merchants, the latter addressed through the USB Health Solutions sub-brand which integrates payments with major practice management and EHR systems. Its product surface spans countertop and mobile card terminals (Verifone, Ingenico, IDTECH, Valor), POS platforms (Clover, Vital Plus, Transaction Express virtual terminal), QuickBooks/Xero accounting integrations, PCI compliance services (delivered with partner Aperia), and cash-advance financing. Underlying technology is conventional payment-processing infrastructure — EMV, contactless/NFC, mobile wallets, ACH, payment gateway, and API-based platform integrations — wrapped around the bank sponsors' processing rails rather than proprietary rails.

The business model is primarily transaction-fee based: USB earns per-transaction processing revenue (interchange, assessments, and processor markup) on the card volume it routes through its bank sponsors, supplemented by recurring PCI compliance fees, POS hardware margins, and origination economics on cash advances. Pricing is quote-based, customized by industry vertical and transaction profile rather than published tiers, with optional surcharging and dual-pricing programs to help merchants shift costs to cardholders. Go-to-market is sales-led and locally focused: phone-based direct outreach, website lead capture, partner referrals (notably Maryland Local Marketing), and consultative statement-analysis selling to Maryland SMBs, with no public marketplace or app-store distribution and no publicly disclosed revenue or funding history.

Name

USB Payment Processing NE

Legal name

USB Payment Processing

Website

https://usbne.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

USB Payment Processing NE is a Towson, Maryland-based ISO of PNC Bank and Wells Fargo Bank, founded in 1996, providing credit and debit card processing, POS systems, and healthcare payment integrations to small and medium businesses across the Maryland and greater DMV region.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

Sales Financing (52222)

SIC

Wholesale-Computers & Peripheral Equipment & Software (5045)

akta.pro primary industry

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

akta.pro secondary industry

Card-Not-Present / eCommerce Acquirers (FSAMABAD)

Keywords

• Payment processing services
• Merchant card processing
• POS systems
• Mobile payment processing
• Healthcare payment processing

Headquarters

HQ city

Towson

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Payment Processing Transaction Fees: Fees charged per transaction for credit/debit card processing. Includes interchange fees (paid to card issuers), assessment fees (paid to card networks), and processor markup fees. Supports surcharging and cash discounting options.
2. Business Cash Advance: Provides cash advances to businesses based on credit card processing volume. Funds can be used for working capital loans and traditional loans.
3. PCI Compliance Services: PCI compliance program helps merchants become and remain compliant with PCI DSS requirements. Non-compliance fees apply to non-compliant merchants.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

USB Payment Processing NE (USBNE) provides credit and debit card processing, point-of-sale (POS) systems, payment gateways, and merchant services to small and mid-sized businesses across retail, restaurant, e-commerce, mobile, healthcare, and nonprofit verticals. The company operates as an Independent Sales Organization (ISO) partnered with PNC Bank and Wells Fargo Bank, serving clients primarily in the Maryland/DMV region since 1996. USBNE also offers a specialized healthcare-focused offering called USB Health Solutions tailored to medical practices.

Product overview

USB Payment Processing NE is a payment processing company offering a unified portfolio of merchant services centered on credit and debit card processing since 1996. The core offering includes specialized vertical solutions for Retail, Restaurant, E-Commerce, and Mobile Processing, with USB Health Solutions serving healthcare practices (medical, dental, veterinary, optometry, chiropractic) through integrations with major PM/EHR systems. The product suite encompasses QuickBooks integration for accounting sync, PCI Compliance Services, Cash Advance financing, and Nonprofit Donation Processing. POS offerings include Vital Plus POS and Clover POS platforms with associated hardware terminals (Verifone, Ingenico), plus Transaction Express virtual terminal for remote payments.

Differentiator

Problem solved

Functional benefit

Brands

• USB Health Solutions: Healthcare payment processing solution providing integrated payments experience for medical practices with Practice Management software integration

Products and services

• Credit and Debit Card Processing Core merchant card processing service enabling businesses to accept credit and debit card payments, with customized pricing based on merchant volume and risk profile and structured around interchange plus discount rate.
• POS Systems Point-of-sale hardware and software solutions including Clover POS, Verifone terminals, and Ingenico terminals deployed for retail and restaurant merchants.
• Payment Gateway Solutions Online payment gateway services enabling e-commerce and card-not-present merchants to securely process transactions through their websites and digital channels.
• Mobile Payment Processing Mobile payment acceptance solutions supporting on-the-go and field-based merchants that need portable card acceptance and mobile POS workflows.
• USB Health Solutions Specialized healthcare-focused payment processing solution tailored for medical and healthcare practices with vertical-specific workflows and compliance considerations.

Quantifiable outcome

• EMV chip-enabled card readers reduced counterfeit fraud by 76% since introduction
• +4 more outcomes

Named customers3 records

Segments6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration23 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• PNC Bank, N.A.coreChannel Partner/ Reseller/ DistributorUSB Payment Processing is a registered Independent Sales Organization (ISO) of PNC Bank, N.A., Pittsburgh, PA. This relationship enables USB to offer merchant services under the bank's regulatory umbrella.
• Wells Fargo Bank, N.A.coreChannel Partner/ Reseller/ DistributorUSB Payment Processing is also a registered Independent Sales Organization (ISO) of Wells Fargo Bank, N.A., Concord, CA. Provides additional banking relationship for merchant services offerings.
• Practice Management Software (PMB)coreTechnology or IntegrationPMB powers USB Health Solutions, providing integrated healthcare payment experiences. USBHS integrates with various practice management systems for healthcare practices including dental, veterinary, optometry, chiropractic, and medical offices.
• Maryland Local MarketingcoreGTM or Marketing PartnerStrategic marketing partnership providing promotional support and business growth consultation. USB clients receive $500 marketing credit with Maryland Local Marketing. Partnership includes video production and co-marketing activities.
• AperiaminorImplementation/ SI/ Consulting PartnerAperia provides PCI compliance survey services. USB clients can contact Aperia at 833-507-7928 for PCI compliance questionnaire assistance.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• PayPal: PayPal provides online and in-person payment processing accepted by tens of millions of merchants globally. PayPal directly competes with USB's e-commerce, card-not-present, and SMB acceptance offerings, and USB explicitly cites PayPal as a high-gateway-fee alternative merchants switch from.
• Clover (Fiserv): Clover is a Fiserv-owned SMB POS and payment processing platform that USB resells. As a competing POS and merchant services platform with national reach and tighter hardware-software integration, Clover represents a structural alternative for the same SMB merchant segments USB serves.
• Stripe: Stripe is a dominant online payment processor serving e-commerce and SaaS businesses with developer-friendly APIs. USB's e-commerce processing product competes head-to-head with Stripe's gateway and processing services across USB's online merchant base.
• Square (Block): Square (part of Block) is a leading SMB payment processor offering card-present processing, POS hardware, mobile readers, and software. It directly competes with USB across USB's core retail, restaurant, and mobile verticals but with nationwide scale and integrated software suites that USB cannot match.

Direct peers

• Helcim: Helcim is an SMB payment processor emphasizing transparent interchange-plus pricing, no contracts, and integrated invoicing software. It directly mirrors USB's value proposition of transparent SMB pricing with vertical-specific tools, and competes for the same local SMB merchants.
• Rectangle Health: Rectangle Health specializes in healthcare payment processing with practice management and EHR integrations for medical, dental, and veterinary practices. It directly competes with USB Health Solutions in the same healthcare-vertical integrated payments niche.
• Stax: Stax is a subscription-based payment processing platform for SMBs and ISVs that provides interchange-plus pricing and integrated software. It targets the same SMB merchant base as USB with a tech-forward SaaS-led proposition, serving as a direct disruptive peer in card-present SMB processing.
• Dharma Merchant Services: Dharma is an ISO-style payment processor focused on transparent SMB pricing across retail, restaurant, and e-commerce verticals — closely matching USB's vertical segmentation approach and ISO operating model with similar sponsorship bank arrangements.
• Payment Depot: Payment Depot is an interchange-plus SMB payment processor selling wholesale merchant rates direct to merchants. It targets the same price-sensitive SMB merchant segment as USB with a similar value proposition of transparent, lower-cost card processing.
• EBizCharge: EBizCharge is an integrated payment processing provider specializing in ERP/accounting integrations (QuickBooks, Sage, NetSuite) and vertical-specific solutions including healthcare. It competes with USB across the QuickBooks integration and healthcare verticals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/usbpaymentprocessing
• LinkedInlinkedin.com/company/usb-ne-payment-processing
• Instagraminstagram.com/usbpaymentprocessing/?hl=en
• Xx.com/usbppne

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 USB Payment Processing NE