Automated Merchant Systems

What Automated Merchant Systems does

CORE Business Technologies (legal entity CORE Business Technologies LLC, DBA "CORE") is a privately held payment processing and revenue cycle management software provider headquartered in East Providence, Rhode Island. The company sells an integrated payment platform targeting three regulated verticals — government agencies, healthcare organizations, and higher education institutions — where it handles citizen/patient/student-facing payment collection across online, mobile, kiosk, terminal, IVR, and SMS channels. Core product modules span credit/debit card processing, ACH/eCheck, wire transfer, EBPP, recurring/subscription billing, POS devices, cashiering, and pharmacy payments, plus an enterprise revenue management layer covering reconciliation and registered payment facilitation.

The underlying platform is built around a PCI-compliant hosted gateway with multiple processor and bank connection points, supported by 400+ system integrations to enterprise environments (ERPs, EHRs, student information systems, and government financial systems). This integration breadth is the company's primary technical differentiator, enabling multi-department deployments where revenue visibility, audit trails, and reconciliation are consolidated into a single repository. Distribution is exclusively direct enterprise field sales with a consultative motion and a "Request a Demo" CTA; no self-serve, app store, or retail channel exists.

The company monetizes via transaction fees on payment processing volume rather than published rate cards, with pricing quoted on a per-customer basis. Public materials disclose only one named customer (Washington County, UT) and two platform partners (AWS Marketplace and PayPal). No revenue figures, funding history, headcount, ownership structure, or management team information are publicly available.

Name

Automated Merchant Systems

Legal name

CORE Business Technologies

Website

https://automatedmerchant.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

CORE Business Technologies provides integrated payment processing and revenue cycle management software to government agencies, healthcare organizations, and higher education institutions, combining a PCI-compliant hosted gateway with 400+ enterprise system integrations across digital and in-person payment channels.

Ownership category

akta.pro rank

Product category

Payment Processing Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)

akta.pro secondary industries

Payment Processing & Acquiring Infrastructure (FSAGABAC), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

Keywords

• Payment processing solutions
• Revenue cycle management
• Electronic bill payment
• Merchant services
• Government payment technology

Headquarters

HQ city

Lake Mary

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: CORE generates revenue through payment processing services for government, healthcare, and higher education organizations, including credit/debit card processing, ACH/eCheck payments, and merchant services. The company facilitates electronic bill payment and presentment (EBPP) with various payment channels including online, mobile, kiosk, and terminal-based payments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

CORE Business Technologies provides an integrated payment processing and revenue management software platform for government, healthcare, and higher education organizations. The offering combines PCI-compliant hosted gateway infrastructure, omnichannel payment acceptance (online, mobile, card, ACH/eCheck, wire, text-to-pay, kiosk, POS, terminal), electronic bill presentment and payment, and end-to-end revenue cycle management with centralized reporting and audit capabilities across all departments.

Product overview

CORE Business Technologies provides a unified payment platform designed for government, healthcare, and higher education sectors. The core platform combines payment processing with revenue management capabilities, supported by over 400 integrations to external systems. The product portfolio includes both digital payment solutions (Online Payments, Mobile Payments, Text-2-Pay, ACH/eCheck, Wire Transfer) and in-person payment options (Kiosk Solutions, POS Devices, Terminals), complemented by specialized modules such as Electronic Bill Presentment & Payment (EBPP), Hosted IVR, Cashiering, and Pharmacy payments. The platform features omnichannel capabilities enabling consistent payment experiences across all channels, with additional merchant services and recurring billing management.

Differentiator

Problem solved

Functional benefit

Products and services

• Payment Processing End-to-end payment processing solution enabling secure transaction handling across multiple channels with integrated reporting and reconciliation, targeted at government, healthcare, and higher education organizations.
• Merchant Services Complete merchant services suite including payment processing, reporting, and transaction management for enterprise clients across regulated verticals.
• Revenue Management Platform Enterprise revenue management platform encompassing reconciliation, payment facilitation, and revenue cycle visibility across all organizational departments.
• Electronic Bill Presentment & Payment (EBPP) Electronic bill delivery and payment platform combining bill presentation with integrated payment processing for consumer bill pay use cases.
• Kiosk Solutions Self-service payment kiosk hardware and software for unattended, in-person bill payment locations.
• POS Devices / Peripherals Point-of-sale hardware and peripheral device integration for in-person payment acceptance at enterprise locations.
• Payment Terminals Virtual and physical payment terminal solutions for card processing across various enterprise environments.
• Hosted IVR System Interactive voice response system for telephone-based automated payment collection by enterprise clients.
• Cashiering Centralized cashiering solution for enterprise revenue management and consolidation across departments.
• Pharmacy Payments Specialized payment solution for pharmacy prescription and over-the-counter transactions within healthcare organizations.

Quantifiable outcome

• Washington County, UT increased online payments by 45% using CORE's payment solutions

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• AWS MarketplacecoreTechnology or IntegrationCORE Business Technologies offers its payment solutions through AWS Marketplace, enabling AWS customers to easily procure and deploy CORE's payment processing and revenue management solutions within their AWS infrastructure environment.
• PayPalcoreTechnology or IntegrationPayPal is listed as a partner on CORE's platform integrations page, indicating that CORE's payment solutions integrate with PayPal as a payment method option for end consumers making payments through the platform.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• PayIt: PayIt is a government payment platform serving state and local agencies with digital bill payment, EBPP, and citizen engagement. It competes head-to-head with CORE in municipal government payment acceptance and online payment adoption.
• TouchNet: TouchNet specializes in higher education payment processing for tuition, fees, and campus commerce. It is a direct competitor to CORE's higher education vertical with very similar product breadth (online, mobile, kiosk, cashiering).
• Invoice Cloud: Invoice Cloud provides electronic bill presentment and payment (EBPP) solutions for government, utilities, and insurance. It directly competes with CORE in the government and municipal bill-payment vertical with a comparable hosted gateway and omnichannel offering.
• Flywire: Flywire provides vertical-specific payment platforms for education and healthcare with cross-border and bill-payment capabilities. It overlaps with CORE's higher education and healthcare payment processing offerings.
• Nelnet Campus Commerce: Nelnet Campus Commerce provides payment processing and campus commerce solutions to higher education institutions. It is one of CORE's primary direct competitors in the higher ed tuition and fees payment segment.
• Authorize.Net: Authorize.Net is a hosted payment gateway serving small and mid-sized merchants across verticals. It directly competes with CORE's hosted PCI-compliant gateway offering as a core payment processing infrastructure layer.
• HealthPay21: HealthPay21 offers patient payment and revenue cycle solutions for hospitals and health systems. It directly competes with CORE's healthcare vertical with comparable patient engagement and point-of-service payment workflows.

Broad incumbents

• Fiserv: Fiserv is one of the largest merchant acquirers and payment processors globally, offering gateway, acquiring, and software solutions across verticals. It competes with CORE broadly in government and healthcare merchant services, often via bundled offerings.
• NCR Atleos: NCR Atleos provides ATM, kiosk, and self-service payment hardware/software. It is comparable to CORE's kiosk, self-service, and unattended payment segments in government and higher education environments.
• ACI Worldwide: ACI Worldwide provides real-time electronic payment and banking software to financial institutions, merchants, and billers. It is a broad incumbent in bill payment processing that overlaps with CORE's hosted gateway and EBPP capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

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 Automated Merchant Systems