Throttle Payments

What Throttle Payments does

Throttle Payments Co is a US-based payment processing provider founded in 2020 and headquartered in California, operating as a registered Independent Sales Organization (ISO) of Wells Fargo Bank, N.A., Concord, CA. The company combines a payment gateway with merchant acquiring services, processing both Card-Present and Card-Not-Present transactions across e-commerce, retail, restaurant, and field-service environments. Its technology stack is built on a licensing partnership with CardConnect, providing access to the CardPointe gateway, CardSecure tokenization, Bolt EMV/P2PE terminals, and the CoPilot agent portal, supplemented by Clover and Ingenico hardware distribution, a proprietary Cockpit merchant dashboard, and a free statement-analysis consulting lead-generation tool.

Throttle's product portfolio spans gateway processing, a hosted payment page, virtual terminal, mobile app, transaction management portal, interchange optimization (rule-based Level II/III data passing with vendor-claimed 17%+ cost savings and 54 basis point rate reduction), patented tokenization, PCI-validated point-to-point encryption, and a payments consulting practice. Distribution is multi-channel: a self-service online merchant application, direct sales with dedicated account managers (7 AM-6 PM PST coverage, 24/7 urgent support), and an agent/partner program via CoPilot. GTM is also developer-first, with APIs, SDKs, and turnkey integrations for BigCommerce, WooCommerce, QuickBooks, Oracle E-Business Suite, SAP (ECC/S/4 HANA), and Infor M3, alongside OEM/embedded integrations for software platforms.

The company monetizes through three streams: per-transaction processing fees under flat-rate or interchange-plus monthly pricing models, hardware sales (Ingenico and Clover terminals), and professional consulting services. Customer segmentation is horizontal, with three primary tiers (Software/SaaS platforms, SMBs, Enterprise businesses) plus discounted processing for qualifying non-profits; pricing is quote-based and not publicly disclosed. Operations are exclusively US-domestic, serving only US-based merchants, with no disclosed revenue, no disclosed external funding, and an estimated 1-10 employees. Pierre Badin serves as Chief Executive Officer.

Name

Throttle Payments

Legal name

Throttle Payments

Website

https://throttlepay.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Throttle Payments Co is a US-based ISO of Wells Fargo Bank, N.A., founded in 2020 in California, providing payment gateway and merchant acquiring services with patented tokenization, PCI-validated encryption, and interchange optimization for software platforms, SMBs, and enterprises.

Ownership category

akta.pro rank

Product category

Payment Processing

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

Smart Routing, Cascading & Payment Optimization (FSAMACAJ)

Keywords

• Payment processing
• Merchant services
• Payment gateway
• POS systems
• Payment technology

Headquarters

HQ city

California

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction Processing Fees: Fees charged per transaction processed. Two pricing models offered: Flat rate pricing (set percentage plus fixed amount per transaction) and Interchange-plus pricing (processor margin added on top of interchange rate).
2. Hardware Sales: Sale of payment terminals and card readers including Ingenico (iSC250, iPP350, iPP320, Desk 5000, Desk 3500) and Clover (Station 2, Mini, Go, Flex) devices.
3. Consulting Services: Payments consulting services including cost transformation, customer experience optimization, technology integration, and statement analysis.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Throttle Payments provides an end-to-end payment processing platform that combines a payment gateway with merchant acquiring services for card-present and card-not-present transactions. The offering includes patented tokenization, PCI-validated Point-to-Point Encryption (P2PE), and Interchange Optimization technology to reduce processing costs and PCI compliance burden. Supporting products include EMV-enabled hardware terminals (Bolt, Clover, Ingenico), virtual terminals, mobile payment apps, hosted payment pages, and developer APIs/SDKs for integration with e-commerce, accounting, and ERP systems.

Product overview

Throttle Payments is a unified payment processing platform combining a payment gateway and merchant acquiring services with multiple terminal hardware options and merchant management tools. The core platform (Payment Gateway/Transaction Management Portal) integrates with branded sub-products including Bolt (secure device integration), Clover POS Systems (point-of-sale hardware), CoPilot (partner/agent management portal), and Cockpit (merchant-facing platform). Additional offerings include Ingenico and Clover hardware terminals, Virtual Terminal, Mobile App, Hosted Payment Page, Consulting Services, and Interchange Optimization technology with patented tokenization. The platform supports omni-channel Card-Present and Card-Not-Present transactions across e-commerce, retail, and field service environments.

Differentiator

Problem solved

Functional benefit

Brands

• Bolt: Secure payment device integration solution for software applications with EMV and tokenization technology.
• Clover
• CoPilot
• Cockpit

Products and services

• Payment Gateway End-to-end payments platform including gateway and merchant acquiring with omni-channel support for Card-Present and Card-Not-Present transactions, designed for businesses needing integrated payment processing.
• Transaction Management Portal Portal for managing all credit card transactions, pulling real-time reports, and tracking multiple locations for business merchants.
• Bolt Secure Payment Devices Family of secure EMV-enabled payment devices (Bolt Terminal, Bolt Mobile, Bolt Desktop) with tokenization and PCI scope reduction, integrated into software environments for card-present payment acceptance.
• Clover POS Systems Smart, customized point-of-sale systems including Clover Station, Mini, Flex, and Go devices with online ordering, curbside service, and mobile payment capabilities for retail, restaurant, and service businesses.
• CoPilot Merchant account management portal for Throttle agents and partners, featuring residual reporting, digital merchant onboarding application, equipment manager for device ordering, and portfolio tracking.
• Cockpit All-in-one merchant-facing platform combining hosted payment page, virtual terminal, real-time transaction management, chargeback handling, and mobile app compatibility.
• Ingenico Terminals Hardware payment terminals including Ingenico iSC250 Touch, iPP350, iPP320, Desk 5000, and Desk 3500 with EMV, NFC, and P2PE support for card-present payment acceptance.
• Clover Station 2 POS device with 14-inch HD swivel screen, integrated EMV chip reader, biometric fingerprint login, and NFC printer bundle designed for retail environments.
• Clover Mini All-in-one payment and business management device with 7-inch display, built-in printer, 4G/LTE and WiFi connectivity for small businesses.
• Clover Go Mobile NFC reader with dock and belt clip bundle that connects via Bluetooth to iOS or Android devices for on-the-go payment acceptance.
• Clover Flex Mobile-optimized smart payment device with built-in printer, camera, QR scanner, and 4G/LTE and WiFi connectivity for on-the-go business use.
• Consulting Services Payments consulting including cost transformation, customer experience optimization, partnership ecosystem development, technology integration support, and statement analysis for merchants.

Quantifiable outcome

• Interchange savings of over 17% vs market competitive solutions
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

Feature5 records

Partnerships

13 partnerships are on record, tiered core and major.

• CardConnectcoreTechnology or IntegrationCardConnect has been developing payment solutions since 2006 protected by patented, PCI-validated security defenses. Throttle licenses CardConnect's processing technology including CardPointe portal, CoPilot interface, and Bolt terminal integrations. Provides high-quality and customized support for merchant growth goals.
• CardSecurecoreTechnology or IntegrationCardSecure combines Throttle's PCI-validated point-to-point encryption (P2PE) and patented tokenization for powerful payment protection.
• CardPointecoreTechnology or IntegrationComprehensive and secure cloud-based platform that makes accepting and managing payments simple. Powers Throttle's hosted payment page, virtual terminal, and transaction management.
• BoltcoreTechnology or IntegrationFamily of Bolt terminals equipped with EMV acceptance and NFC for contactless payments. Compatible with CardPointe Virtual Terminal. Includes Bolt Terminal, Bolt Mobile, and Bolt Desktop options.
• CoPilotcoreTechnology or IntegrationMerchant management portal for Throttle agents and partners. Provides residual reporting, digital application for merchant onboarding, Equipment Manager for device ordering and management.
• BigCommercemajorTechnology or IntegrationBigCommerce is a leading open SaaS e-commerce platform with great management capabilities, ideal for fast-growing and established brands. Integration enables seamless payment processing.
• ClovermajorTechnology or IntegrationPoint-of-sale system customized to meet payment acceptance needs. Offers sleek countertop or mobile devices including Station 2, Mini, Flex, and Go options.
• WooCommercemajorTechnology or IntegrationPlugin perfectly integrated with CardPointe gateway so payment information is securely tokenized, protecting customers and easing PCI compliance burden.
• QuickBooksmajorTechnology or IntegrationIntegration allows combining CardPointe processing with standalone application to securely transform desktop into point-of-sale and record transactions into QuickBooks in real time.
• OraclemajorTechnology or IntegrationOracle E-Business Suite integration. One simple integration connects to PCI-validated payment gateway and security solutions.
• SAPmajorTechnology or IntegrationSAP ECC and S/4 HANA integration. One simple integration connects to PCI-validated payment gateway and security solutions.
• InformajorTechnology or IntegrationInfor M3 integration. One simple integration connects to PCI-validated payment gateway and security solutions.
• Wells Fargo Bank, N.A.coreOthersThrottle is a registered Independent Sales Organization (ISO) of Wells Fargo Bank, N.A., Concord, CA. Wells Fargo provides the banking infrastructure for merchant acquiring services.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Square (Block):

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/ThrottlePay

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 Throttle Payments