Pay Tech Solutions

What Pay Tech Solutions does

Pay Tech Solutions S.A. (PTS), incorporated in Costa Rica in 2008, is a privately held B2B financial technology provider delivering end-to-end payment infrastructure to financial institutions and enterprise clients, primarily in Costa Rica. Its portfolio is organized around four operational pillars — Technology (a "Fábrica de Software" / software factory plus cloud hosting and cybersecurity), Issuance (BIN sponsorship, brand sponsorship, international settlement accounts, card personalization and production, and ISO-messaging-based authorization), Operations (CORE transaction management, Azure-hosted infrastructure, fraud and chargeback monitoring, back-office services, and logistics), and Acquiring (provisioning and support for POS, MPOS, VPOS, and ATM devices with direct Mastercard and VISA connectivity). The company is PCI DSS certified, operates on Microsoft Azure with a TIER 3-aligned data center and disaster recovery site, and is registered with SUGEF (cédula 3-101-281991) under Law 7786 for AML/CFT supervision.

The product suite is anchored by the proprietary CORE platform (parametric roles and profiles, web-based transactional lifecycle management, and reporting), with add-on modules for Tokenization, 3DS Authentication, fraud monitoring, a dedicated back-office module, and a loyalty program. On the consumer-facing side, PTS offers Apple Pay integration through the Autogestión mobile application (available on the Apple App Store), enabling cardholders to digitize physical cards into Apple Wallet via tokenized provisioning. Distribution is direct enterprise sales to banks and large enterprises in Costa Rica, supported by content marketing via the company blog and Apple Pay tutorial videos on YouTube. Per company-disclosed metrics, PTS serves 56+ companies, has processed 1,000,000+ transactions, and monitors 100,000+ cards over 16+ years of operation.

PTS monetizes through a diversified mix of revenue streams rather than a single SaaS subscription: custom software development and SaaS software rental (professional services / SaaS), card sponsorship and issuance (licensing/royalty-like arrangements), card personalization and production (hardware/production fees), authorization and acquiring (transaction fees), back-office operations (managed services), and logistics and support (professional services). Pricing is not publicly disclosed and appears to be enterprise-customized. Geographic exposure is concentrated in Costa Rica with Central America cited as the broader served region; the company has no disclosed parent, subsidiaries, ownership structure, funding rounds, M&A activity, or material leadership changes in the available data.

Name

Pay Tech Solutions

Legal name

Pay Tech Solutions S.A.

Website

https://pts.cr

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Pay Tech Solutions is a Costa Rica-based B2B fintech founded in 2008 that provides end-to-end payment infrastructure — card issuance, authorization, fraud monitoring, and Mastercard/VISA acquiring — to 56+ financial institutions and enterprises, supported by a proprietary CORE platform and Azure-hosted, PCI DSS-compliant operations.

Ownership category

akta.pro rank

Product category

Payment Processing Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Credit Card Issuing (52221), Credit Card Issuing (522210), Computer Terminal and Other Computer Peripheral Equipment Manufacturing (334118)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming Services (7371), Computer Peripheral Equipment, Nec (3577)

akta.pro industry

PRIMARYFSAGABAE

Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure

Financial & Insurance/Financial Technology (Fintech)/Payment Orchestration & Fintech Infrastructure (APIs, Issuing, Processing)

SECONDARYFSAGABAO

POS, SoftPOS & In-Person Acceptance Infrastructure

Financial & Insurance/Financial Technology (Fintech)/Payment Orchestration & Fintech Infrastructure (APIs, Issuing, Processing)

SECONDARYFSAEAMAK

Fintech & Payments Partner / ISO Referral Networks

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Introducers, Finders & Referral Networks

Keywords

• Payment processing
• Card issuance
• Transaction switching
• Payment acquiring
• Card tokenization

Headquarters

HQ city

San Pedro

HQ country

Costa Rica

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Development Services: Custom software factory, application development, Web API development, mobile app development, SaaS software rental, cloud hosting, cybersecurity services, connectivity solutions, and application support/maintenance
2. Card Sponsorship and Issuance: Card sponsorship, brand sponsorship, international settlement accounts, PCI certifications, TIER 3 data center, loyalty program development
3. Card Personalization and Production: Plastic design, data preparation, card printing, embossing, custody services
4. Authorization and Processing: Connectivity, ISO messaging, authorization services, settlement processing
5. Acquiring Services: POS, MPOS, VPOS, ATM device provision and support, connectivity with Mastercard and VISA, settlement and reporting
6. Back Office Operations: Accounting, financial analysis, treasury management, chargeback handling, custody, card activation, document digitization
7. Logistics and Support: Coordination, delivery, formalization, labeling, training, device troubleshooting, maintenance services

Distribution channels2 records

Marketing channels2 records

Core offering

Pay Tech Solutions provides end-to-end payment infrastructure to financial institutions, including card issuance and sponsorship, transaction switching and authorization, POS and ATM acquiring, fraud monitoring, back-office operations, and custom software development. Its proprietary CORE platform integrates issuing, authorization, security (tokenization, 3DS), and back-office functionality over Mastercard and VISA networks.

Product overview

Pay Tech Solutions is a financial technology provider with 16+ years of experience offering a comprehensive, integrated suite of payment technology solutions organized around three core pillars: Technology (software development and infrastructure), Issuance (card sponsoring, personalization, authorization, and security), and Operations (CORE transaction management, infrastructure, monitoring, back office, and logistics). The portfolio spans a core CORE transaction management platform, card tokenization and 3DS security layers, Apple Pay integration with the Autogestión mobile app, a software factory for custom development, loyalty programs, back-office operations, and a full device lineup (POS, MPOS, VPOS, ATM). Together these products provide end-to-end coverage from card issuance and payment authorization through acquiring operations, fraud monitoring, and back-office settlement.

Differentiator

Problem solved

Functional benefit

Brands

• Autogestión: Mobile application for card management and Apple Pay integration, allowing users to digitize their cards and manage payments through their mobile devices.

Products and services

• CORE Proprietary integrated platform that delivers card issuance and sponsorship, transaction switching and authorization, security (tokenization, 3DS), and back-office operations for financial institutions connected to Mastercard and VISA networks.
• POS / MPOS / VPOS / ATM Device Acquiring Acquiring services for physical point-of-sale, mobile point-of-sale, virtual point-of-sale, and ATM devices, enabling merchants and financial institutions to accept card payments.
• Tokenización (Tokenization) Card tokenization service that replaces sensitive card data with secure tokens, supporting PCI compliance and mobile wallet ecosystems.
• 3DS Authentication 3-D Secure authentication service for secure online card transactions, reducing fraud and supporting issuer authentication flows.
• Apple Pay Integration Integration service that enables financial institution clients' cards to be tokenized and provisioned into the Apple Pay mobile wallet.
• Autogestión (Mobile Self-Service App) Mobile self-service application for cardholders of client financial institutions to manage their cards and accounts.
• Programa de Lealtad (Loyalty Program) Loyalty program solution for client financial institutions to deliver rewards and engagement features to their cardholders.
• Fábrica de Software (Custom Software Development) Custom software development service for financial institutions requiring bespoke integrations, applications, or extensions beyond the standard platform.
• Back Office Operativo (Operational Back Office) Back-office operations service for financial institutions covering the operational processes behind card issuing and acquiring programs.

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability1 record

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• MastercardcoreTechnology or IntegrationMastercard connectivity for acquiring services, enabling payment processing and transaction handling through the Mastercard network
• VISAcoreTechnology or IntegrationVISA connectivity for acquiring services, enabling payment processing and transaction handling through the VISA network
• ApplecoreTechnology or IntegrationApple Pay integration enabling tokenization and mobile payments for cardholders using iPhone, Apple Watch, iPad, and Mac devices
• Microsoft AzurecoreTechnology or IntegrationCloud infrastructure provider for hosting payment systems with PCI-compliant data center operations and disaster recovery site

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• ACI Worldwide: ACI Worldwide provides real-time electronic payment processing software for banks, merchants, and intermediaries, including card issuance and acquiring. Comparable to PTS in authorization switching and transaction processing infrastructure.
• Verifone: Verifone is a global provider of payment terminals (POS) and integrated commerce solutions, directly comparable to PTS's POS/MPOS/VPOS device business and supporting acquiring infrastructure for financial institutions.
• Mastercard Processing Services: Mastercard operates one of the two global card networks PTS connects to, and through Mastercard Processing Services it offers issuer and acquirer processing at a much larger global scale. Comparable as both a partner and an incumbent competitor in payment processing infrastructure.
• NCR Atleos (NCR Corporation): NCR Atleos is a global ATM and POS hardware/software provider serving financial institutions, directly overlapping with PTS's ATM and POS device provision, support, and acquiring services. Comparable in the in-person acceptance infrastructure space.
• Visa Direct / Visa DPS: Visa, the other primary network PTS integrates with, offers Visa Debit Processing Service and broader issuing/acquiring infrastructure globally. Relevant as both a partner and incumbent competitor in the same payment processing category.
• FIS (Fidelity National Information Services): FIS provides core banking, card processing, and merchant acquiring solutions to financial institutions globally, including in Latin America. Comparable to PTS's CORE system, card issuance, and back-office operations offerings.

Emerging players

• OpenWay Group: OpenWay provides digital payment processing software for card issuing, acquiring, and digital wallets to banks and processors in EMEA and Latin America. Comparable to PTS as a focused payment processing infrastructure provider with regional bank clients.

Regional players

• Plus Payments (Paycore): Plus Payments / Paycore provides payment processing, card issuance, and POS solutions in Latin America. Comparable as a regional player offering similar end-to-end payment infrastructure with comparable scale and customer base to PTS.

Direct peers

• Evertec: Evertec is a Latin America-focused payment processing and fintech infrastructure provider offering card issuing, acquiring, payment switching, and business process outsourcing across the Caribbean and Latin America. Highly comparable to PTS given overlapping product scope (issuance, acquiring, processing) and shared regional focus on Spanish-speaking Americas.
• Credicard (Globeone): Globeone Liquid provides card issuing, payment processing, and digital banking platforms primarily in Latin America. Directly comparable to PTS in offering end-to-end payment infrastructure for financial institutions including tokenization, 3DS, and authorization services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/PayTechSolutionsCR
• LinkedInlinkedin.com/company/pay-tech-solutionscr

Compliance2 records

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 Pay Tech Solutions