TransGlobal Payment Systems
TransGlobal Payment Systems is a Houston-based private ISO of Wells Fargo Bank that provides credit-card processing, ACH, gift, loyalty, check, and lending services bundled with Clover and SkyTab POS hardware and software to SMB and mid-market merchants across restaurant, retail, healthcare, automotive, and other verticals across the United States.
- Company typePrivate
- Founded2001
- HeadquartersHouston, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What TransGlobal Payment Systems does
TransGlobal Payment Systems is a Houston, Texas-based private payment processing company founded in 2001 that operates as a registered Independent Sales Organization (ISO) and Member Service Provider of Wells Fargo Bank, N.A. The company sells merchant acquiring services — credit and debit card processing, ACH and check acceptance, gift card programs, and business lending up to $5 million — bundled with point-of-sale hardware and software. Its technology stack pairs proprietary SkyTab and OVVI cloud-based POS systems with the Clover hardware ecosystem (Station, Mini, Flex, Go) plus PAX and Dejavoo terminals, integrating with QuickBooks, Xero, ADP, Paychex, Uber Eats, DoorDash, and Grubhub. HIPAA-compliant processing is offered for healthcare verticals.
TransGlobal serves SMB and mid-market merchants across at least eight verticals — restaurant, retail, healthcare, automotive, B2B, service-based, salon, and e-commerce — through three parallel go-to-market motions: direct sales with local customer support, an Independent Sales Partner (ISP) program paying lifetime residuals, and strategic partnerships with banks, credit unions, and business consulting firms. A self-service e-commerce and website builder is available for direct onboarding. The company monetizes primarily via residual transaction fees on interchange-plus or flat-rate pricing, hardware sales and leasing, cash-discounting programs, and a recently expanded lending referral platform.
The company is family-owned with 11–50 employees, BBB accreditation, and stated 75+ years of combined executive management experience. It operates under the DBAs Five Star Merchant Services and TransGlobal Health Services, has served thousands of businesses since 2002, and has no disclosed venture, private equity, or institutional ownership. Pricing is quote-based and not publicly disclosed, and the company claims merchants can save up to 30% on processing fees versus traditional processors.
TransGlobal Payment Systems firmographics
Firmographics- Name
- TransGlobal Payment Systems
- Legal name
- TransGlobal Payment Systems
- Website
- https://tgpayment.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TransGlobal Payment Systems is a Houston-based private ISO of Wells Fargo Bank that provides credit-card processing, ACH, gift, loyalty, check, and lending services bundled with Clover and SkyTab POS hardware and software to SMB and mid-market merchants across restaurant, retail, healthcare, automotive, and other verticals across the United States.
- Ownership category
- akta.pro rank
TransGlobal Payment Systems industry classification
Industry- Product category
- Payment Processing Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- akta.pro primary industry
- Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)
- akta.pro secondary industries
- Alternative Payment Methods (APMs) & Local Rails (ACH/SEPA/UPI, etc.) (CRAFALAG), Invoicing, Pay-by-Link & Virtual Accounts (CRAFALAJ), POS-to-Online Unified Payments (Omnichannel Payments) (CRAFALAL)
Keywords
Where TransGlobal Payment Systems is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TransGlobal Payment Systems business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- Credit Card Processing: Transaction-based fee revenue from processing credit and debit card payments. Offers interchange plus and flat rate pricing programs with transparent reporting. Businesses can save up to 30% on credit card processing fees compared to traditional processors.
- Business Lending: Provides access to SBA, conventional, bridge, cash advance, account receivable, invoice, and equipment loans. Lending platform connects businesses to capital at competitive terms. Funding up to $5,000,000 with flexible payment options.
- Gift Card Program: Custom branded gift card solutions for businesses. No monthly or setup fees. Revenue generated through card sales processing.
- ACH Processing: Electronic check and ACH payment processing at lower costs than credit card acceptance. Supports virtual terminal, website integration, recurring billing, and electronic invoicing.
- POS Hardware & Software: Sale and leasing of POS hardware including Clover devices, SkyTab terminals, and countertop/wireless terminals. Software licensing for POS functionality.
- E-commerce Platform: Website building and hosting platform for merchants. Integrated shopping cart, shipping management, and social media selling. Revenue from platform services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Interchange Plus Pricing |
| Transaction based/ take rate | Monthly | Flat Rate Pricing |
| Other | Pay-as-you-go | Cash Discounting Program |
| Other | Pay-as-you-go | Gift Card Program |
| Outcome Based/ Performance | Pay-as-you-go | Business Lending |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
TransGlobal Payment Systems product offering
Product offeringCore offering
TransGlobal Payment Systems provides merchant services including credit and debit card processing, ACH and check transactions, point-of-sale hardware and software (SkyTab and Clover ecosystems), gift card programs, business lending, customer loyalty, and integrated e-commerce solutions. Services are sold primarily to small and mid-market U.S. businesses across restaurants, retail, healthcare, automotive, B2B, salons, service-based businesses, and e-commerce verticals, with nationwide distribution through direct sales, an ISP program, and bank/credit-union partnerships under its Wells Fargo ISO relationship.
Product overview
TransGlobal Payment Systems offers a comprehensive payment processing ecosystem combining proprietary and third-party POS hardware with software services. The core offering includes proprietary SkyTab POS (cloud-based system for restaurants/hospitality) alongside Clover-branded hardware (Station, Mini, Flex, Go) for various business types, complemented by countertop and wireless terminals and PIN pads. Supporting services include credit card processing, gift card programs, business lending, customer loyalty programs, ACH transactions, and check services. The company also provides an all-in-one e-commerce platform for online selling. The portfolio operates as an integrated suite where POS systems connect to payment processing, inventory management, marketing tools, and delivery platforms (Uber Eats, DoorDash, Grubhub).
Differentiator
Problem solved
Functional benefit
Products and services
- Credit Card Processing Transaction-based payment processing service that accepts all major card brands, contactless wallets, and alternative payment methods for businesses of all sizes, with interchange plus or flat-rate pricing models.
- SkyTab POS Cloud-based point-of-sale system for restaurants, bars, and food trucks providing inventory, recipe, labor, loyalty, online ordering, QR/table management, and integrated delivery partner functionality.
- Clover Station All-in-one smart POS terminal available in Solo (full-service restaurants, bars, clubs) and Duo (quick-service restaurants, retail, salons) configurations with 14-inch HD display, fingerprint reader, and integrated payment processing.
- Clover Mini Compact countertop payment terminal with 7-inch HD display, built-in EMV chip, and Ethernet/Wi-Fi/LTE connectivity designed for retail, salons, automotive, medical, and service-based businesses.
- Clover Flex All-in-one handheld mobile payment device with 5-inch HD display and LTE/Wi-Fi connectivity for restaurants, bars, clubs, and food trucks to accept payments anywhere on premises or off.
- Clover Go Mobile Bluetooth card reader that pairs with Apple or Android devices and accepts EMV chip and contactless payments for secure mobile card acceptance.
- Countertop and Wireless Terminals Traditional payment terminals including Pax A80, Dejavoo QD4, Dejavoo Z11, and FD150 countertop terminals plus Pax A920 Pro wireless terminals with 5.5-inch touchscreen and 4G LTE connectivity, supporting EMV, NFC, and pin debit transactions.
- PIN Pads Secure PIN entry devices including FD RP10, Pax SP30, Pax A35, and Pax S300 for accepting PIN-secured debit transactions at the point of sale.
- Gift Card Program Custom-branded and standard gift card program offering plastic and digital cards, including graphic design services and POS integration with no monthly or setup fees.
- Business Lending Business lending platform connecting merchants to SBA, conventional, bridge, cash advance, accounts receivable, invoice, and equipment loans up to $5 million, with 24-hour pre-approval and 24-48 hour funding.
- Customer Loyalty Program Free rewards and loyalty program with SMS and email marketing, social media management, virtual punch card rewards, and integrated customer data management tied to merchant POS systems.
- ACH Transactions Electronic check and ACH processing through virtual terminal, website integration, recurring billing, and electronic invoicing, positioned as a cost-effective alternative to credit card acceptance.
- Check Services Check acceptance program with warranty service protecting against fraud and check losses, supporting remote deposit capture, virtual terminal, website, and POS acceptance with 24-48 hour fund deposits.
- E-Commerce Platform All-in-one e-commerce solution with payment gateway, shopping cart, shipping management, website hosting, and social media selling (Facebook, Instagram, Google, Amazon), integrated with Clover POS for inventory sync.
Quantifiable outcome
- Save up to 30% on credit card processing fees
- +3 more outcomes
Companies that use TransGlobal Payment Systems
Customer profileNamed customers5 records
Segments8 records
Ideal customer profiles6 records
TransGlobal Payment Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
Feature11 records
TransGlobal Payment Systems partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Wells Fargo Bank, N.A.coreTransGlobal Payment Systems is a registered Independent Sales Organization (ISO) of Wells Fargo Bank, N.A., Concord, CA. This relationship enables them to offer payment processing services under the Wells Fargo banking infrastructure and regulatory framework.
- Clover Network, Inc. (First Data subsidiary)coreClover Network, Inc. is a wholly owned subsidiary of First Data Corporation. TransGlobal offers the full Clover POS ecosystem including Station, Mini, Flex, and Go devices. The Clover name and logo are registered or used in the U.S. and many foreign countries.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
TransGlobal Payment Systems competitors and assessment
Company assessmentDirect peers
- Toast: Toast is a restaurant-specialized POS and payments platform with cloud software, ordering, delivery, payroll, and lending for the foodservice vertical. It directly competes with TransGlobal's SkyTab restaurant offering and Clover-resold restaurant hardware for the same SMB and mid-market restaurant accounts.
- North American Bancard:
- Heartland Payment Systems (Global Payments): Heartland is a large US payment processor serving SMB and enterprise merchants with card acceptance, POS, payroll, and lending. It targets the same restaurant, retail, healthcare, and automotive verticals as TransGlobal but with significantly greater scale, ISO channel depth, and own-bank acquiring.
Broad incumbents
- Square (Block): Square is the dominant SMB-focused payment processor and POS provider, offering card acceptance, hardware (Square Register, Terminal), software, and lending (Square Capital). It competes head-on with TransGlobal's merchant services, Clover resale, and business lending across retail and restaurant verticals, but at vastly larger scale.
- Clover (Fiserv): Clover is Fiserv's SMB POS and payments platform and the hardware ecosystem TransGlobal resells. Clover is both a critical supplier to TransGlobal and a direct competitor as it increasingly sells to merchants via its own channels, undermining the ISO reseller model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
TransGlobal Payment Systems social profiles
Digital presenceTransGlobal Payment Systems compliance and trust
Trust signalCompliance1 record
TransGlobal Payment Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
TransGlobal Payment Systems leadership team
Management profileNumber of profiles
TransGlobal Payment Systems funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TransGlobal Payment Systems 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 TransGlobal Payment Systems
What does TransGlobal Payment Systems do?
TransGlobal Payment Systems provides merchant services including credit and debit card processing, ACH and check transactions, point-of-sale hardware and software (SkyTab and Clover ecosystems), gift card programs, business lending, customer loyalty, and integrated e-commerce solutions. Services are sold primarily to small and mid-market U.S. businesses across restaurants, retail, healthcare, automotive, B2B, salons, service-based businesses, and e-commerce verticals, with nationwide distribution through direct sales, an ISP program, and bank/credit-union partnerships under its Wells Fargo ISO relationship.
Is TransGlobal Payment Systems a public or private company?
TransGlobal Payment Systems is a private company. It is classified as family owned and is currently operating.
When was TransGlobal Payment Systems founded?
TransGlobal Payment Systems was founded in 2001. It employs 11 to 50 people.
Where is TransGlobal Payment Systems based?
TransGlobal Payment Systems is headquartered in Houston, United States, in the North America region.
How does TransGlobal Payment Systems make money?
Six revenue lines are on record. Credit Card Processing is the primary driver. The others are business Lending, gift Card Program, ACH Processing, POS Hardware & Software and E-commerce Platform.
Who are TransGlobal Payment Systems's main competitors?
Direct peers on record are Toast, North American Bancard and Heartland Payment Systems (Global Payments). Broad incumbents are Square (Block) and Clover (Fiserv).
Does TransGlobal Payment Systems have an API?
No public API is recorded for TransGlobal Payment Systems.
What industry is TransGlobal Payment Systems in?
TransGlobal Payment Systems's product category is Payment Processing Services. Its primary akta.pro industry code is FSAMACAA, Merchant Payment Gateways (API/Hosted Checkout), with a secondary code of CRAFALAG, Alternative Payment Methods (APMs) & Local Rails (ACH/SEPA/UPI, etc.). Its NAICS code is 522320.