What Paygasus does

Paygasus is a privately held payment technology and managed services company headquartered in Salt Lake City, Utah, that provides a unified platform combining payment processing with resilient multi-path connectivity for unattended, distributed, and mission-critical environments. The company's core technology stack integrates the Apollo payment terminal family (Apollo, ApolloMAX, Apollo Polar) — which support EMV chip, contactless, mobile wallet, and QR code payments in vandal-resistant outdoor enclosures — with the Paygasus Connect networking platform that aggregates 4G/5G cellular, Starlink satellite, and wired broadband through SpeedFusion SD-WAN bandwidth bonding and millisecond failover. As an authorized Peplink and Starlink solution provider, Paygasus packages hardware, connectivity, and payment software under a single vendor accountability model, targeting transit agencies, municipalities, EV charging operators, vending operators, and government entities with PCI DSS-compliant processing across 100 countries and 35 currencies.

The platform architecture exposes APIs and webhooks for integration with charge point management systems (CPMS/OCPI), transit validators, ticket vending machines, and fare gates, while supporting merchant onboarding, tokenization, hosted checkout, recurring billing, and closed-loop loyalty programs. Paygasus generates revenue through transaction-based payment processing fees, hardware sales of Apollo terminals and Antenna MAX S connectivity devices, subscription-based managed connectivity services, and merchant account services — distributed via enterprise field sales, channel partners (Peplink/Starlink resellers and system integrators), and self-serve web onboarding for SMB merchants. Pricing is quote-based and varies by deployment size, transaction volume, and service scope.

Since emerging publicly in mid-2025, Paygasus has compressed multiple strategic moves into its first operating year: the Peplink/Starlink authorization (September 2025), Canadian market entry with a Toronto regional office (November 2025), and a strategic partnership with Enghouse Transportation and Public Safety (May 2026) to deliver a unified payment platform for transit, parking, and EV charging across North America. The company maintains offices in the US, Canada, Ireland, and India, and is founder-controlled with no disclosed institutional funding.

Name

Paygasus

Legal name

Paygasus

Website

https://paygasus.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Paygasus is a privately held payment technology and managed services company that combines unattended payment terminals (Apollo family), resilient multi-path connectivity (Peplink/Starlink), and PCI-compliant payment processing into a unified platform serving transit agencies, municipalities, EV charging operators, and government entities across 100 countries.

Ownership category

akta.pro rank

Product category

Payment Processing Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100), Computer Communications Equipment (3576)

akta.pro primary industry

Payment Gateways & API Connectivity (FSAGABAB)

akta.pro secondary industries

EV Charging Settlement, Billing & Roaming (Payments, Tariffs, Clearing) (EUAFAMAI), Parking & Toll Payment/Reservation Platforms (BPAMAIAL), Prepay Metering & Customer Payment Solutions (EUADAFAL)

Keywords

• Unattended payment processing
• Payment gateway orchestration
• Merchant services platform
• Managed connectivity services
• SD-WAN bandwidth bonding

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Payment Processing Services: Transaction-based payment processing for card payments (credit, debit, contactless, mobile wallets) across online, in-person, and unattended environments. Revenue generated through transaction fees and payment gateway orchestration services for merchants and enterprises.
2. Hardware Sales: Sale of Apollo payment terminal family (Apollo, ApolloMAX, Apollo Polar) and Antenna MAX S connectivity devices for unattended and distributed payment deployments. Hardware sold as certified, pre-configured solutions for EV charging, transit, vending, and other unattended environments.
3. Managed Connectivity Services: Subscription-based managed services for network connectivity using Peplink routers and Starlink integration. Includes centralized cloud management, monitoring, automatic failover, and 24/7 support for distributed payment and connectivity deployments.
4. Merchant Services: Merchant account services, payment gateway orchestration, virtual terminal, recurring billing, and tokenization services for businesses processing payments across multiple channels and geographies.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Paygasus operates an all-in-one payments and connectivity platform that processes card and ACH payments online, in-person, and in unattended environments, while delivering resilient multi-path networking through authorized Peplink and Starlink integrations. Its product mix includes the Paygasus Pay software suite (Payment Gateway, Hosted Checkout, Merchant Services, Closed Loop & Loyalty, Merchant Onboarding, and Global Payments), the Apollo unattended payment terminal family, and the Paygasus Connect managed connectivity service combining 4G/5G cellular, Starlink satellite, and wired broadband with SpeedFusion SD-WAN. The platform is packaged by industry vertical into turnkey solutions for transit fare collection, EV charging, parking, vending, car wash, government, and nonprofit donation acceptance.

Product overview

Paygasus is a technology and managed services company offering a unified all-in-one payments and connectivity platform. The platform combines two core product families: (1) Payment Solutions including the Payment Gateway, Hosted Checkout, Merchant Services, Closed Loop & Loyalty, and Global Payments modules, alongside hardware products Apollo, ApolloMAX, and Apollo Polar terminals for unattended payments; and (2) Networking Solutions under Paygasus Connect featuring SpeedFusion SD-WAN, Peplink routers, and Antenna MAX S hardware for resilient multi-path connectivity. Solution verticals span Mobility/Transit (Fare Collection), EV Charging, Parking, Vending, Car Wash, Government, Retail, Healthcare, Education, and SaaS. The platform processes card and ACH payments online, in-person, and unattended with PCI-DSS compliance, fraud prevention, tokenization, and 24/7 global support across the US, Canada, Ireland, and India.

Differentiator

Problem solved

Functional benefit

Brands

• Paygasus Connect: A next-generation networking solution for mission-critical connectivity, combining 4G/5G cellular, Starlink satellite, and wired broadband into a unified resilient managed connection.
• Apollo
• ApolloMAX
• Apollo Polar
• Spark Parking
• Paygasus Pay

Products and services

• Paygasus Platform Unified all-in-one payments and connectivity platform that processes card and ACH payments online, in-person, and unattended while managing partner and vendor payouts with seamless global access. Powers both Paygasus Pay payment processing and Paygasus Connect networking offerings under a single provider.
• Payment Gateway High-volume modular payment processing platform developed for maximum flexibility and availability, supporting online, in-person, and unattended payment acceptance with gateway orchestration capabilities for merchants and enterprises.
• Hosted Checkout Fully hosted checkout process that collects payment data directly from customers and securely processes payments, keeping sensitive card data off merchant networks and reducing PCI compliance scope.
• Unattended Payments Self-service payment solutions for kiosks, vending machines, EV charging stations, parking facilities, and government services, featuring Apollo terminals with telemetry and terminal management tools for unattended environments.
• Merchant Services Comprehensive merchant account support and payment acceptance services for businesses processing card and ACH payments, including merchant hierarchy management, merchant onboarding, and operational support.
• Closed Loop and Loyalty Loyalty programs, coupons, and closed-loop payment capabilities designed to increase customer satisfaction, engagement, and retention for merchants deploying branded stored-value and fleet payment programs.
• Merchant Onboarding Streamlined merchant account application and onboarding process with instant online activation and same-day setup capabilities, enabling rapid merchant signup for SMB and mid-market segments.
• Global Payments Multicurrency payment processing supporting 100 countries and 35 currencies with competitive FX rates, including custom business solutions for revenue distribution, currency management, global disbursements, and split-pay commission flows.
• Apollo Payment Terminal Ultra-slim (26mm deep) unattended payment terminal with 3.5-inch touchscreen, PIN-on-glass, vandal-proof and waterproof design (IP65, IK09), supporting contactless EMV, NFC mobile wallets, QR codes, built-in camera for barcode scanning, and PCI P2PE encryption for vending, kiosks, and self-service environments.
• ApolloMAX Payment Terminal All-in-one payment terminal combining reader, keypad, and touchscreen in a compact package that expands acceptance to contactless, EMV chip, and magnetic stripe transactions with all Apollo features plus integrated MSR and contact card interface; IP50 rated and PCI 6.x compliant.
• Apollo Polar Payment Terminal Rugged outdoor payment terminal with sealed enclosures (IP54) and durable components for harsh weather conditions, supporting cards, mobile wallets, and QR codes with remote configuration for car wash, EV charging, and outdoor parking applications.
• Paygasus Connect Managed connectivity platform merging 4G/5G cellular, Starlink satellite, and wired broadband into resilient managed connections with centralized remote management, multi-SIM carrier redundancy, zero-touch deployment, and SpeedFusion SD-WAN bandwidth bonding with automatic failover for distributed and mission-critical sites.
• Antenna MAX S All-in-one antenna solution combining Starlink, cellular (4G/5G), and GPS connectivity in a single rugged IP67-rated enclosure, integrating with Peplink routers via patented multi-link technology for fleets, EV charging stations, smart cities, utilities, logistics, and public safety deployments.
• Fare Collection Account-based transit payment solutions for rail, bus, ferry, and airport systems supporting open and closed-loop fares across contactless cards, mobile devices, and transit media with PCI DSS-aligned APIs and webhooks connecting validators, TVMs, and gates to back-office systems.
• EV Charging Payment Solutions Unattended payment platform for EV charging stations combining Apollo terminals, cloud software, and always-on Paygasus Connect connectivity, accepting 80+ cashless payment methods including EMV, contactless, mobile wallets, QR codes, and RFID with OCPI integration for CPO connectivity.
• Spark Parking Parking revenue management and EV charging payment processing solution that consolidates parking and EV charging under unified reporting and reconciliation for operators of distributed parking facilities.
• Vending Payment Solutions Unattended platform for vending machines and micro markets combining secure Apollo hardware, cloud software, and always-on connectivity, supporting EMV, contactless, QR, RFID, and campus cards with telemetry and real-time reporting for distributed vending fleets.
• Car Wash Payment Solutions Unattended payment platform for self-serve bays, automatic, and tunnel car washes with outdoor-rated Apollo Polar terminals, configurable pricing, and real-time operational visibility with store-and-forward offline authorization.
• Fundraising and Donation Solutions Kiosk payment solutions for nonprofits enabling cashless donation acceptance through custom branded kiosks and online giving pages with CRM and fundraising platform integration for charities and nonprofit organizations.
• Government Payment Solutions Secure payment solutions for government agencies, municipalities, and public utilities with PCI DSS compliance, real-time analytics, multichannel acceptance (online, in-person, and self-service kiosks), and recurring billing for automated tax, license, and regulatory fee collection.

Quantifiable outcome

• 14+ hour carrier outage survival demonstrated through multi-path connectivity architecture
• +3 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature6 records

Partnerships

One partnership is on record.

• Enghouse Transportation and Public SafetycoreTechnology or Integration · 5 May 2026Strategic technology partnership to deliver unified payment platform for mobility operators across North America. Consolidates contactless fare collection, parking revenue management, and EV charging payment processing under single reporting and reconciliation layer. Active deployments underway with growing pipeline of joint opportunities for transit agencies and municipalities modernizing payment infrastructure.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Inseego: Mobile broadband, 5G, and IoT router provider competing in similar connectivity-for-distributed-sites use cases as Paygasus Connect, especially for EV charging, transit, and public safety.

Broad incumbents

• PayPal: Global payments incumbent with checkout, POS, and multi-currency capabilities. Competes with Paygasus on merchant services, gateway, and global payment processing.
• Ingenico (Worldline): Major payment terminal and payment services provider serving retail, hospitality, and unattended verticals. Comparable hardware-and-software product surface to Paygasus at much larger scale.
• Verifone: Established payment hardware provider with deep enterprise and unattended coverage (Engage, unattended series). A scaled incumbent in the same terminal category as Paygasus' Apollo line.
• Stripe: Dominant cloud payment processor with Terminal hardware and broad unattended/API coverage. Competes with Paygasus on payment gateway, hosted checkout, and global multi-currency capabilities.
• Block (Square): Payment processor and hardware maker (Square Reader, Square Terminal) with broad SMB and self-service coverage. A broad incumbent against which Paygasus positions on unattended and connectivity.

Direct peers

• OTI Global: Provider of cashless payment solutions and management systems for unattended retail, vending, and EV charging. Direct competitor in the unattended, telemetry-enabled payment terminal category.
• Nayax: Provider of unattended cashless payment solutions and telemetry for vending, EV charging, parking, and self-service retail. Highly comparable to Paygasus' unattended verticals with similar hardware-plus-connectivity-plus-software model.
• Cradlepoint (Ericsson): Provider of 4G/5G wireless edge routers and SD-WAN for distributed enterprise, transit, and public safety. Comparable to Paygasus Connect on managed multi-path networking, though without the payments bundle.
• PAX Global Technology: Global manufacturer of payment terminals including unattended and outdoor variants, competing head-to-head with the Apollo terminal family across retail, vending, and self-service use cases.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/paygasus

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Paygasus