Pelecard

What Pelecard does

Pelecard is an Israel-based, private payment processing company founded in 1990 and headquartered in Rishon Le Zion. The firm specializes in credit card clearing services and operates at PCI Level 1, the highest tier of Payment Card Industry Data Security Standard compliance, which is reserved for processors handling more than 300,000 transactions annually and meeting the most stringent security and operational requirements. Pelecard's product portfolio spans mobile clearing software for iPhone and iPad, suggesting a mobile point-of-sale offering for merchants requiring portable payment acceptance, as well as physical credit card reader hardware. The company employs 101–250 people, placing it in the mid-market tier of Israeli payment processors.

The company's business model centers on payment processing infrastructure, with revenue likely generated through a combination of per-transaction clearing fees, terminal or reader hardware sales and leases, and value-added services such as gateway connectivity and compliance support. Its PCI Level 1 status positions it to serve enterprise merchants and partner processors that require rigorous security standards, while the mobile and hardware offerings extend reach to small and mid-size merchants. With 35 years of continuous operation, Pelecard appears to occupy a stable but not dominant position in the Israeli payments ecosystem. Specific revenue mechanics, customer segments, pricing structure, and channel strategy are not disclosed in the available source data.

From a technical and operational standpoint, Pelecard operates within the regulated acquiring and clearing layer of the payments stack, where PCI Level 1 certification functions as both a regulatory gatekeeper and a competitive barrier. The iPhone and iPad clearing solutions indicate a software platform layered on top of Apple mobile devices, while the credit card reader line points to a hardware distribution capability. No information is available in the input data regarding API availability, software development kits, integration partners, proprietary AI or machine learning capabilities, recent product launches, or expansion into adjacent payment verticals such as online acquiring, issuer processing, or value-added merchant services.

Name

Pelecard

Website

https://pelecard.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

Pelecard is an Israel-based, PCI Level 1 certified payment processor founded in 1990 that provides credit card clearing, mobile iPhone/iPad clearing solutions, and credit card reader hardware to merchants.

Ownership category

akta.pro rank

Product category

Payment Processing

NAICS

Credit Card Issuing (52221)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Card Issuing Platforms (Issuer Processing) (FSAGABAD)

akta.pro secondary industry

Payment PIN Pads, Card Readers & NFC Contactless Devices (HDACAKAG)

Keywords

• Payment processing
• Credit card clearing
• PCI Level 1
• Payment gateway
• Card reader terminals

Headquarters

HQ city

Rishon Le Zion

HQ country

Israel

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure

Core offering

Pelecard provides credit card clearing and payment processing services for merchants and businesses. Its offerings include PCI Level 1 certified clearing infrastructure, mobile clearing solutions designed for iPhone and iPad devices, and dedicated credit card reader hardware, enabling merchants to accept and process card payments securely across multiple form factors.

Differentiator

Problem solved

Functional benefit

Products and services

• Credit Card Clearing Service Core credit card clearing and transaction processing service that routes and settles card payments for merchants through PCI-compliant infrastructure.
• PCI Level 1 Clearing Solutions Clearing services certified to PCI Level 1, the highest tier of payment card industry security compliance, providing merchants with secure card data handling and transaction processing.
• iPhone / iPad Clearing Solutions

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Expansion highlights2 records

Direct peers

• Square (Block): Operates Square seller ecosystem with proprietary card readers and integrated payment processing. Comparable to Pelecard's hardware-plus-software stack serving small and mid-size merchants.
• Verifone: Global provider of payment terminals and merchant payment processing. Directly comparable to Pelecard given its combined card-reader hardware and clearing/processing software offering serving merchants and acquirers.
• SumUp: Mobile point-of-sale company selling card readers and providing payment processing, including iPhone/iPad-based acceptance. Closely comparable to Pelecard's bundled reader + mobile clearing model for SMB merchants.

Broad incumbents

• Worldline (formerly Ingenico): Large European payments processor with a major POS terminal business inherited from Ingenico. Comparable to Pelecard across both payment acceptance hardware and merchant acquiring.
• Stripe: Global payments infrastructure provider offering merchant processing APIs and Terminal hardware. Comparable as a broad payment-processing incumbent that competes with Pelecard's clearing offering.
• PayPal: Global payments company operating card processing, gateways, and POS (via Honey/SDKs). Broad incumbent whose acquiring and processing business overlaps with Pelecard's clearing services.

Emerging players

• Castles Technology: POS terminal manufacturer offering Android- and iOS-based payment devices with integrated processing. Comparable to Pelecard as a hardware-led player with mobile and card-reader products for merchants.

Regional players

• Nayax: Israel-headquartered cashless payment and telemetry provider for unattended retail. Comparable as an Israeli fintech building payments hardware and processing, though focused on vending/fuel verticals.
• Tranzila (EasyConnect): Israeli payment gateway and card-reader provider serving local merchants. Regional peer with overlapping credit card clearing, PCI-compliant processing, and POS hardware offerings.
• CreditGuard: Israeli payment processor offering clearing, acquiring, and POS solutions in the domestic market. Direct regional comparable to Pelecard given shared Israeli customer base and similar clearing services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/pelecard

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 Pelecard