On Line Credit Card Services

What On Line Credit Card Services does

On-Line Credit Card Services, Inc. (OLCCS) is a privately held payment processing company founded in 1986 in Worcester, Massachusetts and currently headquartered in Fiskdale, MA. The company operates as a registered ISO/MSP of Synovus Bank and provides merchant services to small and medium businesses across New England and nationwide. Its platform supports credit and debit card processing, eCommerce payment gateways compatible with major shopping cart platforms, mobile payments via smartphone/tablet, EMV chip-compliant terminals, and add-on services including gift/loyalty programs, Buy Now Pay Later financing, remote deposit capture, check guarantee, and merchant cash advances.

OLCCS earns revenue primarily through transaction-based fees on payment processing under three pricing structures (Interchange Plus, 5-Tiered, and Flat Rate), supplemented by hardware sales (POS terminals, VX520, card readers), gift card program fees, BNPL economics, and residual income from bank and software partner referrals. Go-to-market is a hybrid of direct sales (toll-free phone, website merchant applications with 24-hour approval), a three-tier bank partner program (Referral, Hybrid Sales, Agent Bank), and a software partner integration program that embeds OLCCS processing into vertical SaaS platforms. The company also serves specialized verticals including healthcare practices (with patient payment plans) and high-risk accounts (with 48-72 hour approval).

The company is founder-owned and operated by Michael Young, who has led the business since its 1986 incorporation. Merchants on the platform currently process more than $150 million in transactions annually, up from an initial 173-account portfolio acquired in 1991. The company holds an A+ BBB rating and operates primarily through US-based 24/7 customer service. OLCCS is functionally a long-tenured SMB-focused payments ISO with diversified ancillary services, lacking disclosed external funding, no public financials, and a heavy reliance on founder-led operations and bank/software channel partnerships for growth.

Name

On Line Credit Card Services

Legal name

On-Line Credit Card Services, Inc.

Website

https://onlinecreditcard.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

1–10 employees

Short description

On-Line Credit Card Services (OLCCS) is a privately held SMB payments processor founded in 1986, operating as a registered ISO/MSP of Synovus Bank. It provides credit/debit card processing, eCommerce, mobile payments, gift cards, and BNPL to small and medium businesses across New England and nationwide.

Ownership category

akta.pro rank

Product category

Merchant Payment Processing

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Card Issuing & Program Management Platforms (BPAMAFAH)

Keywords

• Merchant payment processing
• Credit card processing
• ECommerce payment gateway
• POS equipment sales
• Mobile payment solutions

Headquarters

HQ city

Sturbridge

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Payment Processing Fees: Transaction-based fees charged to merchants for processing credit and debit card payments. Multiple pricing structures including Interchange Plus, 5-Tiered, and Flat Rate options.
2. Point of Sale Equipment Sales: Sale of hardware including card readers, terminals, VX520, and POS systems to merchants.
3. Gift and Loyalty Card Programs: Fees from gift card programs including physical cards, email/text/Facebook delivery, and rechargeable gift cards with Local Gift Cards program.
4. Pay Later Financing Services: In-store financing/product allowing retailers to offer flexible credit solutions to customers with installment plans.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

On-Line Credit Card Services is a payment processing company providing credit and debit card acceptance, eCommerce gateway solutions, mobile card swipe processing, gift and loyalty card programs, in-store BNPL (Pay Later) financing, and POS hardware to small and medium-sized merchants. Operating as a registered ISO/MSP of Synovus Bank, OLCCS offers multiple pricing structures (Interchange Plus, 5-Tiered, Flat Rate) and serves merchants across New England and nationwide.

Product overview

On Line Credit Card Services is a payment processing company offering a comprehensive suite of merchant services. The core offerings include credit and debit card processing via traditional POS terminals, virtual terminals, and mobile devices; eCommerce payment gateway solutions; and gift/loyalty card programs. Additional services encompass installment financing (Pay Later/BnPL), point-of-sale equipment, remote deposit capture, check guarantee/conversion, and merchant cash advances. The company provides multiple pricing structures (Interchange Plus, Tiered, Flat Rate) and operates partner programs for banks and software companies. Founded in 1986, the company processes over $150 million annually and serves merchants throughout New England and nationally as a registered ISO/MSP of Synovus Bank.

Differentiator

Problem solved

Functional benefit

Products and services

• Credit & Debit Card Processing Core merchant services for accepting credit and debit card payments via EMV chip-compliant traditional or virtual terminal, point of sale, or mobile devices. Available to small and medium businesses across New England and nationwide.
• eCommerce Solutions Web-based credit card and ACH terminal with payment gateway solutions compatible with major shopping cart platforms, enabling online authorization and automatic transaction settlement for merchants selling products or services online.
• Mobile Payments Card swipe solutions for smartphones, tablets, and iPads enabling merchants to process payments on-the-go; available via self-service merchant application with one-time $59 setup fee including card swipe.
• Gift Cards & Loyalty Programs Digital and plastic gift cards with loyalty card capabilities, including custom and holiday-themed designs, sold in-store, via email, text, Facebook, or mail. Includes Local Gift Cards program allowing gift card purchases from anywhere in the country.
• Pay Later (BNPL) Flexible in-store installment financing and buy-now-pay-later solution enabling retailers to offer customers multiple payment plans with white-label options, tablet-based application, and approvals in under 5 minutes.
• Point of Sale (POS) Equipment State-of-the-art POS terminals and systems including VX520, touchscreen computers, receipt printers, cash drawers, scanners, and card readers for retail and restaurant environments.
• Remote Deposit Capture Check scanning solution allowing businesses to scan checks via desktop scanner and deposit electronically to bank accounts without visiting a branch.
• Check Guarantee & Conversion Protection against check fraud at point of sale and check conversion services enabling electronic check processing for merchants.
• Merchant Cash Advance Funding against future credit card receivables provided through Capital Access Network for merchants with immediate cash flow needs.
• Bank Partner Programs Three-tiered bank partnership programs (Referral, Hybrid Sales, Agent Bank) enabling financial institutions to offer payment processing solutions to their commercial customers without building internal capabilities.
• Software Partner Program Partnership program for software companies to integrate payment services, featuring Interchange Plus pricing, PCI compliance support, branded marketing collateral, next-day funding, and personalized support.
• Payroll Services Payroll processing services provided through Landmark Payroll integration for merchant clients.

Quantifiable outcome

• 71% of patients revealed mobile pay and billing alerts improved satisfaction with provider (healthcare segment)
• +1 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Software PartnerscoreTechnology or IntegrationPartnership program for software companies to integrate payment services. Includes Interchange Plus pricing, PCI compliance support, branded marketing collateral, next-day funding, and personalized support. Goal is to create additional revenue streams for software partners while broadening services offered to end customers.
• Bank PartnerscoreChannel Partner/ Reseller/ DistributorBank partner programs offering competitive payment solutions to commercial customers. Three service levels: Referral Program, Hybrid Sales Program, and Agent Bank Program. Banks can offer state-of-the-art payment solutions without building internal capabilities.
• Capital Access NetworkminorStrategic or Co-development PartnerAuthorized distributor of Merchant Cash Advance Services via Capital Access Network. Provides funding against future credit card receivables for merchants needing cash flow assistance.
• Local Gift Cards Program PartnersminorChannel Partner/ Reseller/ DistributorLocal businesses participating in the Local Gift Cards program, allowing gift card purchases from anywhere in the country. Includes restaurants, hobby shops, gift shops, equipment dealers, salons, and jewelers.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Stripe: Stripe is a dominant developer-first payments platform used by SMBs and software platforms; it competes with OLCCS on payment gateway, eCommerce, and software-embedded payment processing for the same merchant and software-partner audiences.
• National Processing: National Processing is a US SMB payment processor offering card-present, eCommerce, mobile, and high-risk merchant services — directly overlapping OLCCS's core, high-risk, and SMB verticals.
• Payment Depot: Payment Depot is a wholesale-style SMB payment processor offering Interchange Plus pricing with a membership model — directly comparable to OLCCS's Interchange Plus offering for cost-conscious SMB merchants.
• Helcim: Helcim is a transparent-pricing SMB payment processor offering Interchange Plus and flat-rate plans — a direct pricing-model and SMB-segment competitor to OLCCS's Interchange Plus, 5-Tiered, and Flat Rate offerings.
• Stax (formerly Fattmerchant): Stax is a subscription-based payment processing platform targeted at SMBs and ISVs, competing with OLCCS on transparent Interchange Plus pricing, software integrations, and merchant service bundles.
• Clover (Fiserv): Clover, a Fiserv-owned SMB POS and merchant services platform, competes directly with OLCCS by bundling hardware, software, and payment processing into an integrated offering for SMB retail and restaurant merchants.
• Square (Block, Inc.): Square is a leading SMB payment processing and POS platform offering card-present, card-not-present, and mobile acceptance with flat-rate pricing — directly competing with OLCCS for the same SMB merchant base with a stronger technology stack and brand.
• PayPal: PayPal operates a major SMB and online payment processing business (PayPal Zettle, Braintree, PayPal Checkout) that competes head-to-head with OLCCS across eCommerce gateways, mobile acceptance, and SMB card processing.

Broad incumbents

• Heartland Payment Systems (Global Payments): Heartland, part of Global Payments, is a large SMB-focused merchant acquirer offering POS, processing, and payroll — a broader incumbent competitor to OLCCS with deeper capital, technology, and a national sales footprint.
• Chase Payment Solutions: Chase Payment Solutions is the merchant acquiring arm of JPMorgan Chase, offering SMB and enterprise card processing as part of a broader banking relationship — a large incumbent that competes with OLCCS especially in bank partner referral dynamics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/OnLineCreditCardServiceInc
• LinkedInlinkedin.com/company/on-line-credit-card-services-inc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 On Line Credit Card Services