What Caspit Payment Technologies does

Caspit Payment Technologies (כספיט טכנולוגיות תשלום) is an Israeli payment-acceptance and point-of-sale company headquartered in Bnei Brak, operating as a core subsidiary of Hyp Payment Solutions Ltd. — a unified payments platform formed in 2021 through the merger of Caspit with Credit Guard, Yaad Sharik, and IsiCount. Caspit distributes payment terminals and POS systems across Israel under an exclusive representation agreement with Ingenico (and Oberthur Technologies), supporting EMV chip, NFC contactless, magnetic stripe, and a broad set of wallets including Apple Pay, Google Pay, Max, Bit, Fibipay, and Paybox. Its product portfolio spans portable (CASPIT PRO, Hypos, MOVE 2500), countertop (DESK 3500), PIN-pad (LANE 3000/5000), and self-service kiosk (SELF 2000-8000) form factors, alongside cloud-based computerized cash registers (T2, T2 MINI, S2 with scale) that bundle inventory, employee, loyalty, and reporting modules.

Caspit serves more than 50,000 Israeli businesses across retail (Shufersal, Super-Pharm, Opticana, Osher Ad, NCR, Electra), restaurants and catering-card operators (Nespresso, Ten Bis, Cuponfon, Sodexo), fuel (Delek Menta), telecommunications (Pelephone, Cellcom), hospitality (Sheraton, Hilton, Dan), and government (Israel Railway, Moked, National Lottery). It derives revenue from four streams: hardware sales/leasing of terminals, payment-processing and transaction fees as the link between merchants and card schemes, subscription/recurring revenue for cloud POS and value-added software (loyalty, gift cards, employee attendance), and commissions from ancillary services such as ATM cash withdrawal and credit reconciliation. Pricing is quote-based and contracts are typically multi-year, with go-to-market executed through a national field-sales and technician network rather than indirect channels.

The business is led by CEO Meir Ran (since 2010 acquisition) and operates as a private, Israel-only company under the Hyp umbrella. Certifications include PCI DSS, PCI P2PE, and EMV compliance. The company has no disclosed institutional investment, operates with 100+ employees across two Israeli offices (Bnei Brak HQ, Yavne support), and generates no public revenue disclosure despite a sizeable installed base.

Name

Caspit Payment Technologies

Legal name

הייפ פתרונות תשלום בע"מ

Website

https://caspit.co.il

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Caspit Payment Technologies is an Israeli payment-acceptance and POS provider, exclusive Ingenico representative in Israel, serving 50,000+ merchants with EMV/NFC terminals, cloud cash registers, and self-service kiosks under the Hyp Payment Solutions umbrella.

Ownership category

akta.pro rank

Product category

Payment Processing and POS 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

Integrated POS Payments (ISVs & Vertical POS Platforms) (FSAMADAD)

akta.pro secondary industries

EMV Chip, Magstripe & PIN Debit Acceptance (FSAMADAG), POS Payment Software & Middleware (Terminal OS, Apps, Device Management) (FSAMADAC), POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO)

Keywords

• Payment terminals
• Point of sale systems
• Credit card processing
• Contactless payment solutions
• Cash register software

Headquarters

HQ city

Rehovot

HQ country

Israel

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Credit card terminal sales and leasing: Revenue from selling and leasing payment terminals (credit card readers/POS systems) to businesses. Terminals are sourced from global manufacturer Ingenico and distributed through Caspit's sales and service network across Israel.
2. Payment processing / card acceptance: Revenue generated from transaction fees and card acceptance services as the company connects businesses to credit card companies and processes payments through its terminals.
3. Computerized cash register systems: Cloud-based computerized cash register systems providing POS, inventory management, employee management, and reporting as a bundled or standalone service.
4. Value-added services: Additional services including ATM cash withdrawal commissions, credit matching/reconciliation, customer loyalty clubs, gift cards, prepaid cards, and employee attendance tracking.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Caspit Payment Technologies sells, leases, and supports EMV-compliant credit card payment terminals (Ingenico iCT, iWL, MOVE, DESK, LANE, Hypos product lines) and cloud-based computerized cash register (POS) systems for businesses across Israel. The company provides nationwide installation, training, payment processing connectivity, and value-added services including ATM cash withdrawal, transaction reconciliation, and customer loyalty programs. It is the exclusive Israeli representative of global payment terminal manufacturer Ingenico and operates as part of the Hyp Payment Solutions umbrella.

Product overview

Caspit Payment Technologies (כספיט טכנולוגיות תשלום), now part of Hyp (הייפ), operates as a comprehensive payment technology company offering a unified portfolio of POS systems, credit card terminals, and self-service solutions. The product range is organized across four main categories: (1) Smart Cash Registers — including CASPIT PRO (portable), T2, T2 MINI, S2 (with scale), and cloud-based computerized cash registers, all supporting inventory management, employee management, and customer loyalty; (2) Credit Card Terminals — encompassing Hypos (mobile), MOVE 2500 (mobile), DESK 3500 (countertop), LANE 3000 and LANE 5000 (PIN pads), plus the full iSMP, IWL220, and iCT220 series from Ingenico, covering all form factors from handheld to countertop to retail-integrated; (3) SELF Self-Service Kiosks — models 2000 through 8000 supporting EMV, NFC, QR code scanning for vending, EV charging, parking, and transit; and (4) Value-Added Applications — including ATM cash withdrawal, employee management with attendance tracking, customer loyalty, transaction matching, and meal card support for Sodexo, 10bis, and Cuponpon. All terminals support EMV chip, NFC contactless, magnetic stripe, and digital wallets (Apple Pay, Google Pay, Max, Bit, Fibipay, Paybox). In 2021, Caspit merged with Credit Guard, Yaad Srig, and Isaccount under the Hyp umbrella, with more than 50,000 business customers.

Differentiator

Problem solved

Functional benefit

Products and services

• CASPIT PRO Portable smart cash register and mobile payment terminal enabling businesses to accept all payment types (EMV chip, NFC contactless, magnetic stripe, mobile wallets) from any location, with cloud-based inventory management, employee management, and reporting capabilities.
• Smart Cash Register T2 Advanced countertop smart cash register offering integrated payment acceptance, inventory management, employee management, and comprehensive business reporting for retail and hospitality businesses.
• Smart Cash Register T2 MINI Compact version of the T2 smart cash register designed for smaller retail environments with full POS and payment acceptance capabilities.
• S2 Smart Register with Scale Smart cash register integrated with a built-in scale, designed for businesses requiring weight-based pricing such as grocery, produce, or deli operations.
• Computerized Cash Register (Cloud-Based) Cloud-based POS system enabling efficient smart management of a business from any location and time, supporting single POS or multi-branch multi-station configurations with inventory control, employee management, customer loyalty programs, and report generation.
• Credit Card Terminals Full range of credit card payment terminals including portable, countertop, and PIN pad models, supporting EMV, NFC contactless, magnetic stripe, smart card, and mobile wallet payments (Apple Pay, Google Pay, Max, Bit, Fibipay, Paybox) for all business types.
• Hypos Mobile Credit Terminal Innovative mobile credit card terminal designed for temporary stalls and overflow payment situations; operates independently without electricity or WiFi, supporting all credit card types and NFC contactless payments.
• MOVE 2500 Mobile Terminal Mobile credit card terminal providing full portability, maximum availability, advanced security, and payment acceptance across all methods including EMV, NFC, and contactless.
• DESK 3500 Countertop Terminal Countertop credit card terminal designed for easy operation at checkout counters, offering maximum convenience, advanced security, and support for all payment methods.
• PIN Pad LANE 3000 PIN entry pad designed for the secured payments world, easily integrating into any retail environment and enabling smart module support for future payment technologies.
• PIN Pad LANE 5000 Advanced PIN pad designed for retail networks, enabling acceptance of all payment methods together with a variety of business management applications on a single device.
• SELF Self-Service Kiosk Series Series of self-service payment kiosks (models 2000, 4000, 5000, 7000+8000) supporting EMV and NFC contactless payments, QR code scanning for digital wallets, weather resistance, vandalism protection, and accessibility features for visually impaired users. Designed for vending machines, EV charging stations, parking, transit, and retail.
• ATM Cash Withdrawal Service Service enabling businesses to offer ATM cash withdrawals through a dedicated terminal connected to the banking system; generates commission revenue without requiring a bulky ATM machine or daily cash replenishment.

Quantifiable outcome

• 50,000+ businesses in Israel rely on Caspit for payment solutions
• +3 more outcomes

Named customers27 records

Segments8 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

Feature8 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Credit GuardcoreStrategic or Co-development Partner · 1 January 2021In 2021, Credit Guard merged with Caspit, Yaad Sharik, and IsiCount to form a unified payment company under the Hyp brand. Credit Guard contributed payment security and processing expertise to the combined entity.
• Yaad SharikcoreStrategic or Co-development Partner · 1 January 2021In 2021, Yaad Sharik merged with Caspit, Credit Guard, and IsiCount to form a unified payment company under the Hyp brand. Yaad Sharik contributed additional payment solutions expertise to the combined entity.
• IsiCountcoreStrategic or Co-development Partner · 1 January 2021In 2021, IsiCount merged with Caspit, Credit Guard, and Yaad Sharik to form a unified payment company under the Hyp brand. IsiCount contributed accounting and billing system expertise to the combined entity.
• IngenicocoreTechnology or IntegrationCaspit is the exclusive representative of Ingenico in Israel. Ingenico is the world's leading payment terminal manufacturer with over 20 million terminals deployed in more than 125 countries and approximately 3,000 employees worldwide. Caspit distributes Ingenico's full range of payment terminals including iCT, iWL, iPP, and SELF series.
• Oberthur TechnologiescoreTechnology or IntegrationCaspit is the representative of Oberthur Technologies (OT) in Israel. OT is the world's second-largest provider of smart card security, identification, and services based on smart card technology for mobile, payment card, and transport sectors, employing approximately 6,000 people across 40 countries.
• Celleb (from 365 Group)minorStrategic or Co-development PartnerCaspit partnered with Celleb (a company from the 365 Group) to create Israel's first 'Smart Street' on Ibn Gabirol in Tel Aviv, where dozens of merchants accepted NFC/contactless mobile payments through Caspit terminals. The project was the first of its kind in Israel, demonstrating mobile payment technology to Israeli consumers.
• Ten Bis (תן ביס)minorChannel Partner/ Reseller/ DistributorTen Bis, Israel's leading corporate meal card provider with over 2,500 corporate clients (including 60% of Israeli tech companies, the Ministry of Defense, and Channel), rents hundreds of iCT200 terminals from Caspit to enable card acceptance across its restaurant partner network. The partnership is valued at millions of shekels.
• Cuponfon (קופנפון)minorChannel Partner/ Reseller/ DistributorCuponfon, an Israeli catering card provider operating since 2006 with approximately 1,500 restaurants under its program, purchased hundreds of iCT220 GPRS terminals from Caspit and rented dozens more in a deal valued at approximately ILS 1 million.
• Hyp Payment SolutionscoreOthersFollowing the 2021 merger, Caspit became a brand under the Hyp payment solutions umbrella company (Hyp Payment Solutions Ltd.). Hyp consolidates all payment solutions — from credit card acceptance to invoicing to digital receipts — under one platform, with Caspit serving as the hardware and POS brand.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Verifone: Global payment terminal manufacturer and POS hardware vendor. Directly comparable to Caspit's core terminal distribution and EMV/NFC acceptance business, with overlapping merchant customers and channel economics.
• PAX Global Technology: One of the largest global POS terminal manufacturers, increasingly competing with Ingenico in EMV and Android-based smart terminals. Comparable to Caspit's terminal-led model and a potential alternative hardware partner.

Broad incumbents

• Worldline (Ingenico parent): European payments giant that acquired Ingenico and operates acquiring, processing, and merchant services at global scale. Comparable to Caspit as the parent of Caspit's key hardware partner and a potential direct competitor if it bypasses distribution.
• NCR Corporation: Enterprise POS and payments vendor for retail, hospitality, and fuel. NCR appears as a Caspit case-study customer and competes in the same enterprise POS space across Israel and globally.
• Block (Square): Global cloud POS and payments provider serving SMBs with bundled hardware, software, and acquiring. Comparable to Caspit's SMB merchant value proposition and represents a key competitive threat as it expands internationally.
• Toast: Cloud POS platform purpose-built for restaurants with integrated payments and hardware. Directly comparable to Caspit's restaurant and catering card operator offering in Israel.
• Lightspeed Commerce: Cloud-based POS and commerce platform for retail and hospitality SMBs. Comparable in target customer and SaaS-based delivery model to Caspit's cloud cash register offering.

Regional players

• Isracard: Largest Israeli card acquirer and payments provider, part of the Warburg-backed Israel Discount Bank group. Comparable as a payment acceptance provider serving the same Israeli merchants, and a potential channel partner or competitor for Caspit.
• Tranzila: Israeli payment gateway and POS solution provider serving SMBs and online merchants. Comparable as a domestic Israeli payment acceptance competitor to Caspit's terminal and POS portfolio.

Emerging players

• Cegid: European cloud business software and POS vendor expanding into retail and hospitality verticals. Comparable in vertical SaaS + payments model relevant to Caspit's cloud cash register roadmap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/hyp.pay
• LinkedInlinkedin.com/company/hyp-pay
• Instagraminstagram.com/hyp_pay

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Caspit Payment Technologies