Payment Savvy
Payment Savvy is a US-based B2B payment processor founded in 2011 that specializes in acquiring and serving high-risk and niche merchants — including collections agencies, auto finance, payday lending, healthcare, and e-commerce — through ACH, card, IVR, text, and online payment processing with PCI DSS Level 1 compliance.
- Company typePrivate
- Founded2011
- HeadquartersPlano, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Payment Savvy does
Payment Savvy (Payment Savvy LLC) is a US-based B2B payment processor founded in 2011 by Chad Deatherage and headquartered in Plano, Texas. The company focuses on acquiring and servicing high-risk and specialized merchant verticals that mainstream acquirers typically decline, including collections agencies, auto finance and lending, payday and consumer finance, healthcare, e-commerce, government and non-profit, education, law firms, MOTO, travel, property management, utilities, and startups. Its core technology stack is a PCI DSS Level 1 and NACHA-compliant payment platform supporting ACH, credit and debit card processing, integrated voice response (IVR), SMS text payments, an online payment gateway (powered by USAePay), recurring billing with retry logic and customer portals, and a chargeback prevention service with documented authorization trails and recognizable billing descriptors. The company also offers a specialized Online Bill Negotiation Service built for the collections industry.
The business model is sales-led and consultative, with dedicated account managers providing custom payment setups and no setup fees or contractual lock-in. Payment Savvy monetizes through transaction-based pricing customized to industry and volume, recurring billing service fees, and usage-based fees for IVR and self-service channels. Distribution is primarily direct (inside and enterprise sales), supplemented by an ISO Agent Reseller program and a Business Referral Partner program, plus content marketing, SEO, and industry event participation (RMAI, ACA International). The customer base spans enterprise (e.g., NEAM), mid-market (e.g., HLNM Properties LLC), and SMB segments, with named account representatives (Eli Smith, Lauren Vanegas, Jason Rabago) emphasized as a key differentiator. Ownership is concentrated with the founder, the company is privately held with no disclosed institutional funding, and all operations are domestic to the United States.
Payment Savvy firmographics
Firmographics- Name
- Payment Savvy
- Legal name
- Payment Savvy LLC
- Website
- https://mypaymentsavvy.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Payment Savvy is a US-based B2B payment processor founded in 2011 that specializes in acquiring and serving high-risk and niche merchants — including collections agencies, auto finance, payday lending, healthcare, and e-commerce — through ACH, card, IVR, text, and online payment processing with PCI DSS Level 1 compliance.
- Ownership category
- akta.pro rank
Payment Savvy industry classification
Industry- Product category
- Payment Processing Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Activities Related to Credit Intermediation (5223)
- SIC
- Finance Services (6199), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Payment Processing for Collections (Lockbox, ACH, Card, IVR) (FSAKAJAJ)
- akta.pro secondary industries
- Direct Debit / ACH Collections & Recurring Billing (FSAMAGAE), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), Recurring Billing, Subscriptions & Tokenized Payments (CRAFALAH)
Keywords
Where Payment Savvy is headquartered
LocationHeadquarters
- HQ city
- Plano
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Payment Savvy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Payment Processing Transaction Fees: Revenue generated from processing credit card, debit card, and ACH transactions for merchant clients. The company charges transaction fees for each payment processed, with custom pricing based on business type and transaction volume.
- Recurring Billing Services: Monthly or recurring fees for automated subscription payment processing with customer portals and billing cycle management
- IVR and Self-Service Payment Solutions: Fees for interactive voice response and self-service payment channels that enable 24/7 phone-based payments without agent involvement
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Custom Business Pricing |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Payment Savvy product offering
Product offeringCore offering
Payment Savvy provides B2B payment processing solutions tailored for high-risk and specialized industries. The company enables businesses to accept credit card and ACH payments through its proprietary platform, with additional tools for billing, collections, and chargeback management. Services are designed for verticals such as collection agencies, auto finance, healthcare, and e-commerce.
Product overview
Payment Savvy offers a modular payment processing platform built around a core set of payment acceptance and management products. The All-In-Done Business Solution serves as the overarching platform allowing businesses to select and combine multiple payment tools (ACH, credit/debit cards, IVR, text payments, online gateway) into a unified setup. Supporting products include Recurring Billing for automated subscription payments, Chargeback Prevention for dispute management, and the specialized Online Bill Negotiation Service for collection agencies. The platform is designed primarily for high-risk industries including collections, auto finance, healthcare, e-commerce, and government/non-profit sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- Credit Card Processing
- ACH Payment Processing
- Online Bill Negotiator
- IVR Payment System
- Pay By Text
- Online Payment Gateway
- Chargeback Management
Companies that use Payment Savvy
Customer profileNamed customers5 records
Segments14 records
Ideal customer profiles4 records
Payment Savvy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature9 records
Payment Savvy partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- USAePaycoreUSAePay provides the login portal and gateway infrastructure for Payment Savvy's online payment processing. This is a core technology partnership for their online payment gateway functionality.
- RMAI (Receivables Management Association International)coreIndustry association membership providing credibility and networking within the receivables management industry. Payment Savvy displays the RMAI member logo on their website.
- ACA InternationalcoreIndustry association for credit and collection professionals. ACA International membership demonstrates industry commitment and provides access to compliance resources and industry events.
- Security MetricscoreSecurity Metrics provides PCI compliance certification and security assessment services for Payment Savvy's payment processing platform, ensuring ongoing security compliance.
- Card Networks (Visa, Mastercard, American Express, Discover)coreAuthorized payment network partnerships enabling processing of major credit and debit cards. These are essential partnerships for any payment processor.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Payment Savvy competitors and assessment
Company assessmentDirect peers
- USAePay: Payment gateway and merchant services provider that is Payment Savvy's core technology partner. Comparable because it serves small-to-mid merchants across multiple industries with similar payment acceptance and gateway capabilities, and competes in the same addressable market.
- Maxx Merchant Solutions: High-risk merchant account specialist serving similar verticals including collections, nutraceuticals, CBD, and adult. Directly comparable to Payment Savvy's high-risk merchant positioning and collections focus.
- Durango Merchant Services: High-risk and offshore payment processor with deep specialization in accepting merchants traditional banks reject. Highly comparable target customer base and value proposition to Payment Savvy.
- Network Merchants (NMI): Payment gateway and merchant processing provider serving ISOs, agents, and merchants across verticals including high-risk. Comparable as a gateway-led platform with similar B2B distribution and reseller model.
- Payline Data: Payment processor serving small and mid-market businesses with transparent, no-contract pricing and dedicated account management. Comparable customer experience philosophy and SMB-to-mid-market positioning.
- Priority Payment Systems: Merchant services provider with significant high-risk and specialized vertical exposure including collections, auto finance, and lending. Comparable in specialty vertical focus and ISO/agent channel model.
- High Risk Pay: Specialist in high-risk merchant accounts for industries like CBD, adult, and nutraceuticals. Comparable target customer base of merchants underserved by traditional processors.
Broad incumbents
- Stax: Subscription-based payment processor serving SMB and mid-market with transparent pricing and interchange-plus models. Comparable platform capabilities but serves a broader, less high-risk-skewed customer base.
- Stripe: Major payment platform serving businesses of all sizes with developer-first APIs and broad vertical coverage. Comparable core product (online payment acceptance) but vastly larger scale and broader geographic reach.
- Square: Mainstream payment processor expanding into mid-market and selected higher-risk verticals. Comparable payment processing capabilities, though broader focus and different GTM (omnibus SMB vs. specialist high-risk B2B).
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Payment Savvy social profiles
Digital presencePayment Savvy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Payment Savvy leadership team
Management profileNumber of profiles
Profiles1 record
Payment Savvy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Payment Savvy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Payment Savvy
What does Payment Savvy do?
Payment Savvy provides B2B payment processing solutions tailored for high-risk and specialized industries. The company enables businesses to accept credit card and ACH payments through its proprietary platform, with additional tools for billing, collections, and chargeback management. Services are designed for verticals such as collection agencies, auto finance, healthcare, and e-commerce.
Is Payment Savvy a public or private company?
Payment Savvy is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Payment Savvy founded?
Payment Savvy was founded in 2011. It employs 1 to 10 people.
Where is Payment Savvy based?
Payment Savvy is headquartered in Plano, United States, in the North America region.
How does Payment Savvy make money?
Three revenue lines are on record. Payment Processing Transaction Fees are the primary driver. The others are recurring Billing Services and IVR and Self-Service Payment Solutions.
Who are Payment Savvy's main competitors?
Direct peers on record are USAePay, Maxx Merchant Solutions, Durango Merchant Services, Network Merchants (NMI), Payline Data, Priority Payment Systems and High Risk Pay. Broad incumbents are Stax, Stripe and Square.
Does Payment Savvy have an API?
No public API is recorded for Payment Savvy.
What industry is Payment Savvy in?
Payment Savvy's product category is Payment Processing Services. Its primary akta.pro industry code is FSAKAJAJ, Payment Processing for Collections (Lockbox, ACH, Card, IVR), with a secondary code of FSAMAGAE, Direct Debit / ACH Collections & Recurring Billing. Its NAICS code is 52232 and its SIC code is 6199.