CPS Payment Services

What CPS Payment Services does

Their proprietary software automates your accounts payable process from payment disbursement to payment reconciliation by enabling you to pay your vendors electronically. Installation is free and the solution generates a significant monthly cash rebate.

Name

CPS Payment Services

Legal name

M & A Ventures, LLC

Website

http://cpspaymentservices.com/

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

A market leader providing a full suite of electronic payment solutions.

Ownership category

akta.pro rank

Product category

Payment Processing

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

Payables & Disbursements (ACH/SEPA, wires, checks, virtual cards) (FSABAIAB)

akta.pro secondary industry

CCP Settlement & Payment Infrastructure Services (FSAFAFAL)

Keywords

• Accounts payable automation
• Vendor payment processing
• B2B payment solutions
• Electronic payment services
• Virtual card payments

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Payment Processing Services: Revenue generated through payment processing for vendor payments and accounts payable automation. The company digitizes, simplifies and automates vendor payments to reduce the overall cost of managing accounts payable processes.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

CPS Payment Services (now REPAY) provides a full suite of electronic payment solutions centered on B2B accounts payable automation and vendor payment processing. Its core offerings include Vendor Payments (AP automation) and Vendor Enablement, supported by payment acceptance, clearing and settlement, instant funding, and messaging management capabilities delivered through a unified platform.

Product overview

REPAY (formerly CPS Payment Services) is a unified payment platform offering multiple integrated solutions including AP automation, vendor payment automation, clearing and settlement, instant funding, and messaging management. The core products are Vendor Payments (AP automation) and Vendor Enablement, which work together to digitize and automate the accounts payable process while providing vendor enrollment and management capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Vendor Payments AP automation solution that digitizes, simplifies, and automates vendor payments to reduce the overall cost of managing accounts payable processes for businesses.
• Vendor Enablement Vendor enrollment and management offering that enables less effort and more benefits for clients and their vendors, leveraging the industry's most advanced vendor enrollment approach.
• Payment Acceptance Payment acceptance solution for various industries.
• Vendor Payment Automation Automates vendor payment processes to save time and money and eliminate unnecessary paperwork.
• Clearing and Settlement Clearing and settlement services for payment processing.
• Instant Funding Instant funding solution for rapid access to funds.
• Messaging Management Messaging management solution for payment-related communications.

Segments15 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bill.com: Bill.com is a leading cloud-based AP automation and B2B payments platform serving SMBs and mid-market companies. It directly competes with CPS's Vendor Payments/AP automation offering on digitization of vendor payments, virtual cards, and bill pay workflows.
• AvidXchange: AvidXchange specializes in AP automation and B2B payment networks for mid-market and enterprise customers, similar to CPS's core Vendor Payments and Vendor Enablement offerings, including automated invoice processing and virtual card payments.
• Tipalti: Tipalti provides end-to-end payables automation including vendor onboarding, payment processing, and global payouts. Overlaps directly with CPS's AP automation, vendor enablement, and payment processing capabilities for B2B use cases.
• Versapay: Versapay offers collaborative AR automation and B2B payment networks, directly competing with CPS in the vendor payment and reconciliation space, particularly for finance teams digitizing paper-based B2B transactions.
• Stampli: Stampli is an AP automation platform focused on invoice processing, approval workflows, and vendor payments. It is comparable to CPS's core AP automation suite for mid-market companies seeking paperless vendor payment processes.
• MineralTree: MineralTree provides AP and payment automation for mid-market companies, directly addressing the same use cases as CPS's Vendor Payments solution, including electronic vendor payments and integrated card-based payments.
• Melio: Melio is a B2B payments platform enabling businesses to pay vendors via ACH and card, including virtual card flows. It addresses similar SMB and mid-market AP digitization use cases as CPS.

Emerging players

• Plastiq: Plastiq enables businesses to pay any vendor by credit card, overlapping with CPS's virtual card and B2B payment acceptance capabilities. It serves as an adjacent/emerging option in the B2B payment space rather than a full AP suite.

Broad incumbents

• Ramp: Ramp provides corporate cards and integrated AP/spend management with virtual card issuance for vendor payments. While broader than a pure AP vendor, Ramp competes in the same payment-acceptance and virtual-card B2B domain.
• Heartland Payment Systems (a Global Payments company): Heartland, now part of Global Payments, is a broad incumbent merchant and B2B payment processor overlapping with CPS's payment acceptance, virtual cards, and integrated payment processing for verticals like automotive and education.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights5 records

Customer concentration

• Xx.com/CPSPayment

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 CPS Payment Services