American Payment Solutions

Name

American Payment Solutions

Legal name

M & A Ventures, LLC

Website

https://apsmerchants.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Merchant Payment Processing

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Activities Related to Credit Intermediation (5223)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Alternative Payment Method (APM) Acquiring (e.g., BNPL, wallets, local methods) (FSAMABAL)

akta.pro secondary industries

Accounts Payable Automation & Supplier Payments (FSAGAJAD), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), Recurring Billing, Subscriptions & Tokenized Payments (CRAFALAH)

Keywords

• Payment processing services
• Merchant services
• B2B payment solutions
• Accounts payable automation
• ERP payment integration

Headquarters

HQ city

Mesa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Payment Processing Services: Transaction-based payment processing revenue generated from processing digital payments across multiple channels including B2B, eCommerce, and vendor payment automation. Revenue is derived from transaction fees charged on payment volumes processed through their platform.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

American Payment Solutions (APS Payments, now REPAY) provides integrated B2B payment processing solutions including digital payment acceptance, accounts payable and receivable automation, vendor payment automation, ERP and eCommerce integrations, clearing and settlement, instant funding, and Level 3 Processing Rates for Business-to-Business transactions. The platform supports merchants across multiple verticals including automotive, healthcare, education, government, credit unions, mortgage, and field services.

Product overview

American Payment Solutions operated APS Payments, a payment gateway and processing platform offering digital payment acceptance, B2B payment processing with Level 3 Processing Rates, and AP/AR solutions. On October 14, 2019, APS Payments was acquired by REPAY and formally rebranded to the REPAY brand. The current REPAY platform is a unified payment technology suite comprising core modules for Payment Acceptance, Vendor Payment Automation, Clearing and Settlement, Instant Funding, and Messaging Management, supported by integration layers for ERP and eCommerce platforms. The offering is built around AP and AR Solutions as a central theme, with Level 3 Processing Rates as a key differentiator for B2B transactions. Multiple self-service portals (APSPays Login Portal, Partner Portal, PCI Portal) serve merchant and partner access needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Payment Acceptance

Segments15 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• ERP System PartnerscoreTechnology or IntegrationIntegration partnerships with ERP systems enabling automatic posting of payment data back to enterprise resource planning platforms. This integration reduces manual entry errors and increases operational efficiency for B2B clients.
• eCommerce Platform PartnerscoreTechnology or IntegrationIntegration partnerships with eCommerce platforms providing omni-channel payment solutions that are embedded within client eCommerce systems to increase cash flow and support multiple payment methods.
• Processing ISOs and PayfacscoreChannel Partner/ Reseller/ DistributorChannel partner program for Independent Sales Organizations (ISOs) and Payment Aggregators (Payfacs) to resell and distribute REPAY's payment processing solutions through a dedicated partner portal.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• North American Bancard: Established ISO and payment processor serving SMB and mid-market merchants across multiple verticals. Closely comparable to APS in payment acceptance, ISO partner program, and multi-vertical approach.
• Stax (formerly Fattmerchant): Subscription-based payment processor targeting SMB and mid-market merchants with transparent pricing. Directly comparable to APS as a full-service merchant services provider serving similar B2B and SMB segments.
• PaymentCloud: Merchant services provider specializing in high-risk and hard-to-place verticals with a heavy ISO partner channel. Comparable to APS in its multi-vertical merchant services focus and channel-led GTM motion.
• Gravity Payments: Independent payment processor focused on small and mid-sized merchants with sales-led and partner-led distribution. Comparable business model and customer segment to APS.

Broad incumbents

• Global Payments: Major merchant acquiring and payment processing provider with broad vertical and geographic coverage. Comparable in core payment acceptance and B2B processing capability, but at vastly larger scale.
• Stripe: Developer-first payment platform with broad AP/AR, billing, and ERP-style integrations. Operates at significantly greater scale than APS and is increasingly moving into B2B and ERP-embedded payments — a key competitive incumbent.
• PayPal: Global payments giant with B2B, eCommerce, and merchant solutions. Competes broadly across nearly all of APS's verticals and product modules, though at much larger scale and consumer-brand depth.
• Fiserv: Large-scale payments and financial technology provider offering merchant acquiring, processing, and financial institution services. Overlaps with APS in merchant services and FI-facing payment infrastructure.
• Block (Square): Omni-channel payments and commerce platform serving SMB and mid-market across retail, eCommerce, and services. Overlaps with APS in payment acceptance, omni-channel solutions, and SMB/mid-market reach.

Emerging players

• Bill.com: Cloud-based AP automation and B2B payments platform serving SMB and mid-market. Overlaps with APS's AP automation and vendor payment automation modules, representing an emerging competitor in the same workflow category.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/apsmerchants
• Facebookfacebook.com/APSMerchants
• LinkedInlinkedin.com/company/american-payment-solutions-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 American Payment Solutions