BNG Payments

What BNG Payments does

BNG Payments (legal entity BNG Technologies, headquartered in Fargo, North Dakota) is a private payment-processing company providing credit card, ACH, mobile, and online payment acceptance to small and mid-sized businesses, primarily in the Upper Midwest. Founded in 2007 and operating with 101–250 employees, the company positions itself on transparent pricing, U.S.-based support, and personalized service as a regional alternative to large national acquirers.

The core product is the BNG Payment Gateway — a PCI-compliant gateway supporting ACH, credit cards, Apple Pay, online bill pay, recurring payments, and mobile transactions. Differentiating technical components include the Gateway Emulator (which interprets competing gateway formats to ease merchant switching), a Three-Step Redirect API (which keeps card data off merchant servers via end-to-end SSL), and interchange optimization logic that augments transaction data to qualify for the lowest interchange tiers. The company also distributes and supports point-of-sale hardware and software across multiple platforms — notably Restaurant Manager, Revel, and SkyTab for hospitality — and offers modules such as Virtual Terminal, Customer Vault, Gift and Loyalty Cards, and ACH Payments Solutions. QuickBooks integration is featured prominently across multiple SMB case studies.

BNG generates revenue from transaction fees on payment processing, gateway subscription/recurring revenue, POS hardware sales and leasing, and a partner revenue-share program that pays software integrators for embedding the BNG gateway. The go-to-market is sales-led: merchants enter via website quote requests, consult with payment experts, and receive hands-on setup including hardware programming and staff training. The company serves a diversified long-tail of SMB customers across restaurants, bars, retail, e-commerce, mobile/service businesses, B2B/high-value merchants, and nonprofits, with documented quantifiable outcomes (e.g., reduced monthly processing costs, shortened invoice collection cycles, eliminated manual data entry hours).

Name

BNG Payments

Legal name

BNG Technologies

Website

https://bngpayments.net

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

BNG Payments (BNG Technologies) is a Fargo, North Dakota-based payment processor serving small and mid-sized businesses in the Upper Midwest with PCI-compliant gateway services, point-of-sale hardware and software, and integration partnerships for credit card, ACH, mobile, and online payment acceptance.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Sales Financing (52222)

akta.pro primary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

akta.pro secondary industries

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA), Buy Now, Pay Later (BNPL) (CRAFALAD), Alternative Payment Methods (APMs) Enablement (BNPL, wallets, local methods) (FSAMACAE)

Keywords

• Payment processing services
• Merchant services
• Payment gateway solutions
• Point-of-sale systems
• Credit card processing

Headquarters

HQ city

Fargo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Payment Processing Services: Core payment processing revenue from credit card, debit card, ACH, and mobile payment transactions. The company offers processing solutions for various business types including retail, restaurants, e-commerce, and MOTO (mail order/telephone order).
2. Payment Gateway Services: Revenue from gateway services including online bill pay, recurring payments, API access, and virtual terminal solutions.
3. Point-of-Sale Hardware: Sales and leasing of POS hardware including terminals, card readers, and complete POS systems for restaurants, retail, and service businesses.
4. Partner Revenue Sharing: BNG Payments shares payment processing revenue with integration partners who build payment integrations with their gateway.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

BNG Payments operates a PCI-compliant payment processing platform built around the BNG Payment Gateway, enabling merchants to accept credit cards, debit cards, ACH/eCheck, Apple Pay, and mobile payments across in-store, online, and on-the-go channels. The company sells and supports POS hardware (terminals, card readers, full POS systems) including Restaurant Manager and SkyTab solutions, provides integration support via a Three-Step Redirect API and Gateway Emulator, and shares payment processing revenue with integration partners.

Product overview

BNG Payments is a payment processing company offering a unified payment platform centered on the BNG Payment Gateway. The core product enables merchants to accept multiple payment types including ACH, credit cards, Apple Pay, and e-checks. Key modules include the Gateway Emulator (for switching from other providers), Three-Step Redirect API (for secure card-not-present transactions), Simple Online Bill Pay, and Virtual Terminal for MOTO processing. The company also provides industry-specific POS solutions through Restaurant Manager and SkyTab for restaurants/bars, Mobile Payments for on-the-go processing, Gift and Loyalty Cards programs, and ACH Payments Solutions. Additional services include PCI compliance assistance, point-of-sale hardware, Customer Vault for secure payment storage, and integration support for QuickBooks and WordPress.

Differentiator

Problem solved

Functional benefit

Products and services

• BNG Payment Gateway A comprehensive, PCI-compliant payment gateway that accepts multiple payment methods including ACH, credit cards, and Apple Pay, with capabilities for online bill pay, recurring payments, and mobile transactions. Designed for merchants needing to accept payments across in-store, online, and mobile channels.
• Restaurant Manager POS Point-of-sale system designed for bars and restaurants, featuring inventory tracking, ordering, and liquor sales monitoring. Sold and supported by BNG Payments.
• SkyTab POS Restaurant-focused point-of-sale solution offered as an option for restaurants and bars in conjunction with BNG's payment processing services.
• Point-of-Sale Hardware POS hardware and accessories including card readers, terminals, and equipment replacement programs for retail, restaurant, and service businesses. Includes in-house installation, programming, and staff training.
• PCI Compliance Services Services to help merchants simplify PCI DSS compliance requirements and protect payment information.
• Credit Card Processing Credit and debit card acceptance and processing services across retail, restaurant, e-commerce, and MOTO channels, with interchange optimization to ensure the lowest qualifying rates.
• ACH Payments Solutions Electronic check processing through the payment gateway, enabling direct debiting from customer checking or savings accounts with lower transaction rates than credit cards.
• Mobile Payments Mobile payment solution for iPhone, Android, and tablet devices enabling merchants to process payments from any device to the same account.
• Simple Online Bill Pay Secure payment method for creating Buy Now or Donate buttons embedded on merchant websites, allowing customers to pay without logging in or creating accounts.
• Virtual Terminal Mail order/telephone order (MOTO) and e-commerce processing solution for manually entering card information or integrating with shopping carts.
• Gift and Loyalty Cards Branded gift card and loyalty program solutions including customizable reward programs based on purchase volume, birthdays, and referrals.
• Three-Step Redirect API Integration Developer API integration offering for software partners, with revenue sharing on processed payments, designed for building secure, scalable payment integrations.

Quantifiable outcome

• Cooper's Technology Group reduced monthly processing statement by $200/month after switching to BNG Payments
• +4 more outcomes

Named customers14 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Multiple Top-Tier ProcessorscoreTechnology or IntegrationBNG Payments has partnerships with multiple top-tier processors, allowing them to offer robust payment processing solutions for card-not-present transactions. These partnerships enable the company to provide diverse processing options across different business types.
• Restaurant ManagercoreTechnology or IntegrationRestaurant Manager is the primary POS solution offered for restaurants and bars, providing features for menu management, inventory tracking, and bar/restaurant operations. BNG provides sales, installation, and support for this system.
• RevelcoreTechnology or IntegrationRevel is the POS system used for Power Plate Meals franchise locations, offering cloud-based POS functionality for restaurants with menu management and loyalty programs.
• QuickBookscoreTechnology or IntegrationQuickBooks integration allows merchants to automatically reconcile payment transactions into their accounting software, featured prominently in case studies for Fargo Running Company, Busek Olson & Associates, and other customers.
• Integration Partners / DeveloperscoreChannel Partner/ Reseller/ DistributorSoftware developers and companies who integrate with the BNG Payment Gateway and share in the payment processing revenue. The company provides expert guidance for building robust, secure payment integrations and offers revenue sharing to partners.
• BNG DesignminorStrategic or Co-development PartnerSister company working with BNG Point-of-Sale to integrate POS systems with customer websites, such as the Power Plate Meals integration project.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• Square (Block): Square provides integrated payment processing and POS hardware to SMBs across the U.S., competing directly with BNG in restaurants, retail, and service merchants. Square's bundled software-plus-hardware model is the most direct competitive analog to BNG's gateway-plus-POS offering.
• Clover (Fiserv): Clover is an SMB-focused POS and payment processing platform from Fiserv, offering integrated hardware, software, and processing — directly comparable to BNG's Restaurant Manager and SkyTab-powered POS bundles for restaurants and bars.
• Helcim: Helcim is a transparent-pricing payment processor targeting SMBs with interchange-plus pricing and a payment gateway — overlapping almost directly with BNG's transparent-pricing, interchange-optimized value proposition for SMB merchants.
• Stax by Fattmerchant: Stax offers subscription-based payment processing with transparent pricing for SMBs, plus an integrated gateway and POS solution. Its pricing-model positioning closely mirrors BNG's flat-rate and interchange-plus options aimed at cost-conscious SMBs.
• Gravity Payments: Gravity Payments is a regional-to-national payment processor built around personal service and transparent pricing for SMBs. Its origin as a Pacific Northwest regional ISO mirrors BNG's Fargo/Upper Midwest regional-ISO model with a personal-service differentiator.
• Payment Depot: Payment Depot is a membership-style payment processor offering interchange-plus pricing to SMBs, similar to BNG's interchange-optimization pitch. Both target cost-sensitive merchants seeking alternatives to tier-1 processor pricing.
• Dharma Merchant Services: Dharma is an independent payment processor focused on transparent, interchange-plus pricing for SMBs — a similar ethical-pricing, no-nonsense positioning to BNG. It targets many of the same restaurant and retail verticals.

Broad incumbents

• Stripe: Stripe is a global payments platform serving online and software-led businesses with gateway, processing, and developer APIs — including a Three-Step Redirect-style hosted flow analogous to BNG's API. While Stripe skews larger/online, it competes for BNG's e-commerce and integration-partner merchants.
• PayPal: PayPal is a broad incumbent in SMB and e-commerce payments with gateway, processing, and POS (PayPal Zettle/Zettle Go) capabilities. Its bundled offering competes with BNG across both the online gateway and in-person POS lines.
• Heartland Payment Systems (Global Payments): Heartland is a large-scale U.S. payment processor and POS provider, historically a competitor to regional ISOs like BNG with a similar SMB service-and-support narrative. As part of Global Payments, it competes across processing, gateway, and POS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 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 BNG Payments