Top Payment Solutions
Top Payment Solutions is a registered ISO of Wells Fargo Bank, N.A. that resells Clover POS systems and payment-processing services to U.S. small and mid-size businesses, with bilingual English/Spanish support focused on restaurants, auto shops, and the Hispanic/Latino merchant community.
- Company typePrivate
- Founded2014
- HeadquartersDuluth, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Top Payment Solutions does
Top Payment Solutions, Inc. is a private payment-processing company founded in 2014 and headquartered in Duluth, Georgia. It operates as a registered Independent Sales Organization (ISO) of Wells Fargo Bank, N.A. and resells Clover POS hardware and software under a direct partnership with First Data / Clover Network. Its product portfolio spans the Clover line (Station, Mini, Flex, Go), legacy payment terminals (PAX S80, Verifone VX 520), Aldelo Pay, and a Hotsauce Technologies payment line, supported by services including EMV/Apple Pay/Android Pay acceptance, next-day funding, gift cards, business loans, and real-time business reporting.
The company's revenue model is anchored in transaction-based processing fees from credit and debit card volume, with flat-rate pricing promoted as low as 0.30% per swipe and $0.05 per transaction. Secondary revenue streams include payment gateway services, POS hardware sales (including free terminals offered at onboarding as customer-acquisition tools), and recurring software/subscription fees for POS and business management modules. GTM motion is direct-sales-led with a community-oriented overlay: sales representatives provide free consultations, and the company positions itself as a local partner for small and mid-size businesses, with bilingual English/Spanish support actively targeting Hispanic/Latino merchants.
Customer count is reported at 2,000+ businesses across verticals including restaurants, auto repair shops, bakeries, nail salons, butcher shops, and dental clinics. With a reported headcount of 1-10 employees and no disclosed funding rounds, M&A activity, or institutional investment, Top Payment Solutions remains a small, founder-controlled reseller whose scale and operating footprint depend entirely on the residual economics of its merchant portfolio and its sponsor-bank (Wells Fargo) and OEM (First Data/Clover) relationships.
Top Payment Solutions firmographics
Firmographics- Name
- Top Payment Solutions
- Legal name
- Top Payment Solutions, Inc.
- Website
- https://toppaymentsolutions.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Top Payment Solutions is a registered ISO of Wells Fargo Bank, N.A. that resells Clover POS systems and payment-processing services to U.S. small and mid-size businesses, with bilingual English/Spanish support focused on restaurants, auto shops, and the Hispanic/Latino merchant community.
- Ownership category
- akta.pro rank
Top Payment Solutions industry classification
Industry- Product category
- Payment Processing Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Integrated POS Payments (ISVs & Vertical POS Platforms) (FSAMADAD)
- akta.pro secondary industries
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), POS Payment Software & Middleware (Terminal OS, Apps, Device Management) (FSAMADAC), EMV Chip, Magstripe & PIN Debit Acceptance (FSAMADAG)
Keywords
Where Top Payment Solutions is headquartered
LocationHeadquarters
- HQ city
- Duluth
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Top Payment Solutions business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Transaction Processing Fees: Percentage-based fees on credit and debit card transactions. Offers flat rate processing with rates as low as 0.30% on all credit cards and transactions as low as $0.05 per swipe.
- Payment Gateway Services: Online processing services for merchants to accept card payments. Users register and enter into written agreements to use the gateway.
- POS Hardware Sales: Sale of POS terminals and hardware including Clover devices, PAX S80, and VeriFone VX 520. Free terminals are offered as part of merchant onboarding.
- Business Management Software: POS software with business management features including inventory management, employee time sheets, and reporting.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Flat Rate Processing |
| Other | Monthly | Free Terminal Program |
| Subscription | Monthly | Aldelo Point of Sale |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Top Payment Solutions product offering
Product offeringCore offering
Top Payment Solutions is a registered ISO of Wells Fargo Bank, N.A. that delivers payment processing services and POS solutions to small and mid-size U.S. businesses. The company resells Clover POS systems (Station, Mini, Flex, Go), payment terminals (PAX S80, VeriFone VX 520), and Aldelo Pay POS software, and provides merchant services including credit/debit card processing, next-day funding, gift cards, business loans, and real-time business reporting with flat-rate pricing as low as 0.30% plus $0.05 per swipe.
Product overview
Top Payment Solutions is a payment processing company offering a portfolio of Clover POS systems (Clover Station, Clover Mini, Clover Flex, and Clover Go) along with standalone payment terminals (PAX S80, Verifone VX 520) and the Aldelo Pay point-of-sale solution. The company provides payment processing services including gift cards, business loans, next-day funding, EMV/apple Pay/Android Pay support, and business management with real-time reporting. It operates as a registered ISO of Wells Fargo Bank, N.A.
Differentiator
Problem solved
Functional benefit
Brands
- TPS: Company abbreviation used in corporate communications and testimonials
Products and services
- Clover Station A countertop Clover POS system with intelligent software for fast, secure, and reliable transactions. Provides employee, inventory, and returns management and includes 4 USB ports for connecting POS peripherals. Aimed at small and mid-size business merchants including restaurants, auto shops, and retail.
- Clover Mini A compact Clover POS device accepting swipe, EMV chip, and contactless payments with a large display and intuitive interface. Supports Ethernet/Wi-Fi connectivity and integrates with weight scales and barcode scanners. Targeted at SMB merchants needing an all-in-one countertop terminal.
- Clover Flex A portable handheld Clover POS with built-in receipt printer and scanner. Accepts swipe, tap, PIN entry, and electronic signatures over wireless 3G and WiFi for taking payments on the go. Particularly positioned for mobile mechanics and auto shops.
- Clover Go A mobile Clover payment solution accepting EMV chip, swipe, and mobile device payments with sales activity reporting, custom tip percentages, multiple tax rates, and email/text receipts. Targeted at SMB merchants needing mobile acceptance.
- PAX S80 Terminal A standalone POS terminal combining innovation, durability, and high performance with PCI PTS 3.x certification, ARM 11 processor, large memory, and support for EMV, Magstripe, and Contactless/NFC payments. Aimed at SMB merchants needing EMV-ready standalone terminals.
- VeriFone VX 520 Terminal A reliable countertop payment terminal with a powerful processor and expandable memory for fast encryption, decryption, and processing. Supports integrated NFC for alternative payments, loyalty and gift card acceptance, and dial-up or Ethernet connectivity. Aimed at SMB merchants.
- Aldelo Pay A point-of-sale solution with contactless menu, e-gift card redemption and balance checking, online and in-store ordering, and kitchen display capabilities. Primarily targeted at restaurant merchants as an alternative to Clover POS.
- Hotsauce Technologies A payment technology product line offered by Top Payment Solutions as part of its terminal and POS portfolio. Targeted at SMB merchants needing payment acceptance hardware and supporting software.
- Merchant Payment Processing Services Credit and debit card transaction processing for merchants under a registered ISO relationship with Wells Fargo Bank, N.A. Includes in-store and online payment processing, flat-rate pricing as low as 0.30% on credit cards, $0.05 per swipe, and next-day funding. Aimed at U.S. small and mid-size merchants.
- Business Loans Capital funding products offered to merchant customers of Top Payment Solutions to support business growth. Targeted at SMB merchants needing working capital.
- Gift Cards
Quantifiable outcome
- Restaurants can save up to $6,120 per year compared to competitors with 1.9% rate vs 2.75% competitor rate
- +3 more outcomes
Companies that use Top Payment Solutions
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
Top Payment Solutions technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Top Payment Solutions partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and supporting.
- First Data / Clover NetworkcoreTop Payment Solutions works directly with First Data (no intermediaries) to provide Clover POS systems including Station, Mini, Flex, and Go devices. The company is an authorized Clover reseller offering complete POS solutions with the backing of First Data's payment infrastructure.
- AldelosupportingTop Payment Solutions offers Aldelo Point of Sale as an alternative product alongside Clover systems. Aldelo POS includes features such as contactless menu, e-gift cards, online ordering, and kitchen display systems for restaurant merchants.
Scale indicators2 records
Recent moves5 records
Expansion highlights5 records
Top Payment Solutions competitors and assessment
Company assessmentDirect peers
- Toast: Toast is a restaurant-focused integrated POS and payments platform. Top Payment Solutions explicitly targets restaurants with Clover and Aldelo as core offerings, putting the two companies in direct competition for the same merchants.
- Square (Block): Square provides integrated POS hardware and payment processing to SMBs at flat-rate pricing — the most direct large-scale competitor to Top Payment Solutions in the SMB card-present space.
- Lightspeed Commerce (incl. ShopKeep): Lightspeed provides integrated POS and payments solutions to SMBs including restaurants and specialty retail — comparable product set and customer base, particularly in vertical-specific POS workflows.
- National Processing: National Processing is a sub-ISO-style payment processor targeting SMBs with flat-rate pricing and POS bundles, similar in model and scale to Top Payment Solutions.
- Stripe Terminal: Stripe Terminal provides developer-friendly POS hardware (including VeriFone and BBPOS devices) with integrated payments, overlapping with Top Payment Solutions' online + in-store processing pitch to SMBs.
- Stax (formerly Fattmerchant): Stax is a subscription-based payment processor targeting SMBs with flat monthly pricing and integrated POS, directly comparable to Top Payment Solutions' flat-rate merchant pitch.
- Aldelo Systems: Aldelo is the POS software vendor whose products Top Payment Solutions resells; Aldelo also sells through its own direct and partner channels, making it both supplier and indirect competitor.
- PayPal Zettle: PayPal's Zettle offers mobile POS hardware and card-present processing aimed at SMBs and competes head-on with Clover Go and Clover Flex on price and ease-of-use.
Broad incumbents
- Heartland Payment Systems (Global Payments): Heartland is an established SMB-focused ISO/processor within Global Payments, offering Clover and competing terminals at scale — a comparable ISO model to Top Payment Solutions but with materially greater scale and software portfolio.
- Clover Network (Fiserv): Clover is the underlying POS platform Top Payment Solutions resells; it also sells directly to merchants, making it both supplier and direct competitor — and a critical platform risk.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Top Payment Solutions social profiles
Digital presenceTop Payment Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Top Payment Solutions leadership team
Management profileNumber of profiles
Profiles1 record
Top Payment Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Top Payment Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Top Payment Solutions
What does Top Payment Solutions do?
Top Payment Solutions is a registered ISO of Wells Fargo Bank, N.A. that delivers payment processing services and POS solutions to small and mid-size U.S. businesses. The company resells Clover POS systems (Station, Mini, Flex, Go), payment terminals (PAX S80, VeriFone VX 520), and Aldelo Pay POS software, and provides merchant services including credit/debit card processing, next-day funding, gift cards, business loans, and real-time business reporting with flat-rate pricing as low as 0.30% plus $0.05 per swipe.
Is Top Payment Solutions a public or private company?
Top Payment Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Top Payment Solutions founded?
Top Payment Solutions was founded in 2014. It employs 1 to 10 people.
Where is Top Payment Solutions based?
Top Payment Solutions is headquartered in Duluth, United States, in the North America region.
How does Top Payment Solutions make money?
Four revenue lines are on record. Transaction Processing Fees are the primary driver. The others are payment Gateway Services, POS Hardware Sales and business Management Software.
Who are Top Payment Solutions's main competitors?
Direct peers on record are Toast, Square (Block), Lightspeed Commerce (incl. ShopKeep), National Processing, Stripe Terminal, Stax (formerly Fattmerchant), Aldelo Systems and PayPal Zettle. Broad incumbents are Heartland Payment Systems (Global Payments) and Clover Network (Fiserv).
Does Top Payment Solutions have an API?
No public API is recorded for Top Payment Solutions.
What industry is Top Payment Solutions in?
Top Payment Solutions's product category is Payment Processing Services. Its primary akta.pro industry code is FSAMADAD, Integrated POS Payments (ISVs & Vertical POS Platforms), with a secondary code of FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure. Its NAICS code is 52232 and its SIC code is 6199.