CorPay
CorPay is a US-based payment processing ISO (authorized SignaPay partner) serving small and medium-sized merchants across retail, restaurant, hospitality, government, medical, and non-profit verticals with credit card processing, PayLo dual pricing, Quantic POS, payment gateways, and EMV/NFC equipment from Irving, Texas.
- Company typePrivate
- Founded2006
- HeadquartersIrving, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What CorPay does
CorPay is a US-based payment processing company operating as an authorized SignaPay partner (a registered ISO/MSP of Chesapeake Bank, Commercial Bank of California, Esquire Bank, and Synovus Bank). Founded by Christian Coronel in 2004 with the entity established in 2006 and operating from its sole office at 600 E John Carpenter Fwy, Suite 340 in Irving, Texas. CorPay serves small and medium-sized merchants across retail, restaurant, hospitality, non-profit, government, medical, professional services, and home improvement verticals, with a stated emphasis on bilingual (English/Spanish) service in the Hispanic SMB segment.
The product portfolio centers on credit card processing with a signature PayLo Dual Pricing / Service Fee Program that displays cash and card prices side-by-side, legally vetted across all 50 states, allowing merchants to recover or eliminate traditional processing fees. Supporting products include a multi-platform cloud-based payment gateway (virtual terminal, hosted payment pages, recurring billing, encrypted swipe integration, dashboard reporting), the Quantic POS system for retail and restaurant operations (with table management, kitchen display, inventory, CRM, loyalty, and QuickBooks/DoorDash/Chowly integrations), and equipment resold from Dejavoo, PAX, Valor-PayTech, and SwipeSimple (countertop, wireless, and Bluetooth EMV/NFC terminals). The platform holds Level 1 PCI DSS certification and offers fraud monitoring, with processing for both traditional and high-risk merchant categories.
CorPay makes money primarily through transaction-based residual fees on card processing volume, supplemented by gateway subscription fees, hardware sales (terminals/POS systems), and PayLo service fee program revenue. The go-to-market is sales-led and partner-distributed: direct phone-based SMB outreach plus reliance on the SignaPay ISO partnership for banking sponsorship. Marketing combines content (educational blog), SEO, and social channels targeting SMB merchants. CorPay holds an A+ BBB accreditation and emphasizes US-based customer service. The firm is distinct from Corpay, Inc. (NYSE: CPAY), the public corporate-payments company formerly known as FLEETCOR Technologies.
CorPay firmographics
Firmographics- Name
- CorPay
- Legal name
- SignaPay, LTD
- Website
- https://corpayusa.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CorPay is a US-based payment processing ISO (authorized SignaPay partner) serving small and medium-sized merchants across retail, restaurant, hospitality, government, medical, and non-profit verticals with credit card processing, PayLo dual pricing, Quantic POS, payment gateways, and EMV/NFC equipment from Irving, Texas.
- Ownership category
- akta.pro rank
CorPay industry classification
Industry- Product category
- Payment Processing Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)
- akta.pro secondary industry
- Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)
Keywords
Where CorPay is headquartered
LocationHeadquarters
- HQ city
- Irving
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CorPay business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Credit Card Processing Fees: Transaction-based fees charged to merchants for processing credit and debit card payments. Includes traditional processing, high-risk merchant processing, and dual pricing options.
- Payment Gateway Services: Monthly subscription and/or transaction fees for gateway services including virtual terminal, hosted payment pages, recurring billing, and API access.
- POS Equipment Sales: Sale of payment terminals, POS systems, card readers, and peripherals from branded partners including Dejavoo, PAX, Valor, and SwipeSimple.
- PayLo Service Fee Program: Dual pricing model where merchants receive full cash price for transactions; service fee program enables businesses to reduce or eliminate traditional processing fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Standard Credit Card Processing |
| Hybrid | Pay-as-you-go | PayLo Dual Pricing |
| Transaction based/ take rate | Pay-as-you-go | PayLo Service Fee Program |
| One time/ perpetual license | Pay-as-you-go | Equipment and Terminals |
| Subscription | Monthly | Gateway Services |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
CorPay product offering
Product offeringCore offering
CorPay provides credit and debit card payment processing services to small and medium-sized US merchants, operating as an authorized partner of SignaPay (a registered ISO of Chesapeake Bank, Commercial Bank of California, Esquire Bank, and Synovus Bank). Its core offering combines traditional transaction-based card processing with its proprietary PayLo Dual Pricing solution, plus an ecosystem of EMV/NFC payment terminals, the Quantic cloud-based POS platform, and online payment gateways for eCommerce, virtual terminal, recurring billing, and inventory management.
Product overview
CorPay is a US-based payment processing company (authorized SignaPay partner) serving small and medium-sized businesses across industries including retail, restaurant, hospitality, non-profit, government, medical, professional services, and home improvement. The product portfolio centers on credit card processing with PayLo Dual Pricing as a key differentiator, supplemented by an ecosystem of payment terminals (Dejavoo, PAX, Valor, SwipeSimple), the cloud-based Quantic POS system for retail and restaurant operations, and multiple gateway platforms (PayHub+ Gateway, SwipeSimple Gateway, SAM). The Quantic POS integrates with third-party systems including QuickBooks, DoorDash, and Chowly. All processing is backed by Level 1 PCI DSS certification, fraud protection monitoring, and US-based customer support.
Differentiator
Problem solved
Functional benefit
Products and services
- Credit Card Processing
Quantifiable outcome
- Merchants can stop paying credit card processing fees entirely with PayLo Service Fee Program
- +1 more outcomes
Companies that use CorPay
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
CorPay technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature6 records
CorPay partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered flagship and core.
- Rugby AustraliaflagshipMulti-year extension of exclusive collaboration continuing as Official Foreign Exchange Payments Partner for Wallabies and Wallaroos national rugby teams. Partnership provides currency risk management solutions and global payments services. Confirmed by Rugby Australia CEO Phil Waugh and Corpay CMO Brad Loder. (Note: This partnership is associated with Corpay, Inc., the parent company, not the US payment processing entity.)
- SignaPaycoreSignaPay is a registered ISO (Independent Sales Organization) of Chesapeake Bank, Commercial Bank of California, Esquire Bank, and Synovus Bank. CorPay operates as an authorized SignaPay partner for credit card processing services. This partnership enables CorPay to offer payment processing under banking relationships.
- DejavoocoreEquipment brand partner providing countertop payment terminals (P1, QD4), wireless/mobile terminals (P3, QD2), and POS systems. Dejavoo equipment is EMV-compliant with NFC capability for mobile wallet acceptance.
- PAX TechnologycoreEquipment brand partner providing countertop terminals (A80) and wireless mobile terminals (A920). PAX equipment supports EMV chip cards and NFC mobile payments.
- Valor-PayTechcoreEquipment brand partner providing countertop terminals (VL 100, VL 500) and Bluetooth card readers (RCKT). Valor products support EMV and mobile payment acceptance.
- SwipeSimplecoreGateway and card reader partner providing B250 Bluetooth card reader and SwipeSimple gateway platform for mobile payment acceptance via phone/tablet.
- Quantic POScoreCloud-based POS platform partner offering point-of-sale solutions for retail and restaurant operations with omnichannel payment processing, inventory management, CRM, and loyalty features.
- Chesapeake BankcoreOne of four banks that sponsor CorPay through SignaPay as registered ISO, enabling payment processing services.
- Commercial Bank of CaliforniacoreOne of four banks that sponsor CorPay through SignaPay as registered ISO, enabling payment processing services.
- Esquire BankcoreOne of four banks that sponsor CorPay through SignaPay as registered ISO, enabling payment processing services.
- Synovus BankcoreOne of four banks that sponsor CorPay through SignaPay as registered ISO, enabling payment processing services.
Scale indicators2 records
Recent moves7 records
Expansion highlights4 records
CorPay competitors and assessment
Company assessmentBroad incumbents
- Square (Block): Block's Square is a broad incumbent in SMB payment processing offering integrated hardware, POS, and software. Like CorPay, it targets small and medium merchants across retail and restaurant verticals with transparent pricing, but Square operates at vastly larger scale with proprietary processing rather than an ISO model.
- Stripe: Stripe is a leading payment processor and gateway provider serving online and omnichannel merchants. CorPay's gateway and eCommerce offerings overlap with Stripe's payment-processing and hosted-checkout capabilities, though Stripe operates primarily through API-driven developer channels versus CorPay's direct sales-led ISO model.
- Clover (Fiserv): Clover is Fiserv's SMB POS and payments platform offering hardware, software, and processing through an ISO/app marketplace model. Like CorPay, Clover distributes through agent and ISO channels and serves retail and restaurant SMBs, but at materially larger scale and with first-party processing.
- PayPal Zettle: PayPal's Zettle (formerly iZettle) offers integrated card readers, POS, and online payments for small businesses. It competes with CorPay's combined hardware + gateway + processing offering, with PayPal's brand recognition and digital wallet ecosystem providing differentiation.
Direct peers
- Toast: Toast is a restaurant-focused integrated payments and POS platform with cloud-based software and processing. It directly overlaps with CorPay's Quantic POS and restaurant-vertical payment-processing offering, competing for the same SMB restaurant merchants with a deeper vertical software stack.
- Helcim: Helcim is a direct SMB-focused payment processor offering transparent interchange-plus pricing, online and in-person acceptance, and small-business tools. It overlaps with CorPay's value proposition of helping SMBs reduce processing costs, though Helcim operates a direct digital model versus CorPay's ISO relationship structure.
- Payment Depot: Payment Depot is an SMB payment processor offering wholesale interchange-plus pricing through ISO and partner channels. It targets the same cost-sensitive SMB merchant base as CorPay with a similar value proposition of transparent, lower-cost processing versus traditional tiered pricing.
- Stax (by Fattmerchant): Stax is a subscription-based SMB payment processor offering flat-rate pricing and integrated software. It competes directly with CorPay in the SMB payment-processing market with a similar focus on cost transparency, software bundling, and small-business customer success.
- National Processing: National Processing is an SMB-focused payment processor operating through ISO and agent channels, offering processing, gateway, and POS solutions. It directly parallels CorPay's ISO-led distribution model and SMB merchant focus across retail, restaurant, and service verticals.
- SpotOn: SpotOn is a software-and-payments company offering integrated POS, online ordering, and payment processing for SMBs in restaurant and retail verticals. It overlaps directly with CorPay's Quantic POS and processing offering, competing for the same SMB merchant relationships with a vertically-focused software suite.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks2 records
Key highlights6 records
Customer concentration
CorPay social profiles
Digital presenceCorPay compliance and trust
Trust signalCompliance2 records
CorPay financial estimates
Financial estimateRevenue estimate
Valuation estimate
CorPay leadership team
Management profileNumber of profiles
Profiles1 record
CorPay funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CorPay 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 CorPay
What does CorPay do?
CorPay provides credit and debit card payment processing services to small and medium-sized US merchants, operating as an authorized partner of SignaPay (a registered ISO of Chesapeake Bank, Commercial Bank of California, Esquire Bank, and Synovus Bank). Its core offering combines traditional transaction-based card processing with its proprietary PayLo Dual Pricing solution, plus an ecosystem of EMV/NFC payment terminals, the Quantic cloud-based POS platform, and online payment gateways for eCommerce, virtual terminal, recurring billing, and inventory management.
Is CorPay a public or private company?
CorPay is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CorPay founded?
CorPay was founded in 2006. It employs 11 to 50 people.
Where is CorPay based?
CorPay is headquartered in Irving, United States, in the North America region.
How does CorPay make money?
Four revenue lines are on record. Credit Card Processing Fees are the primary driver. The others are payment Gateway Services, POS Equipment Sales and payLo Service Fee Program.
Who are CorPay's main competitors?
Broad incumbents on record are Square (Block), Stripe, Clover (Fiserv) and PayPal Zettle. Direct peers are Toast, Helcim, Payment Depot, Stax (by Fattmerchant), National Processing and SpotOn.
Does CorPay have an API?
No public API is recorded for CorPay.
What industry is CorPay in?
CorPay's product category is Payment Processing Services. Its primary akta.pro industry code is FSAMABAA, Integrated Payment Processors (PSP/Acquirer), with a secondary code of FSAMACAA, Merchant Payment Gateways (API/Hosted Checkout). Its NAICS code is 522320 and its SIC code is 6199.