Regulated Payment Systems

What Regulated Payment Systems does

Regulated Payment Systems (RPS) is a Boca Raton, Florida-based payment processing ISO and Authorized Agent that resells merchant acquiring services to U.S. businesses. The company operates as a registered ISO of TouchSuite and an authorized agent / Member Service Provider of Fiserv (First Data), routing underwriting through sponsor banks Wells Fargo Bank, PNC Bank, Pathward, and FFB Bank. RPS reports serving 10,000+ merchants and processing $1B+ in annual transaction volume, supported by an 11-50 employee organization.

The product portfolio spans four core lines — Clover-based POS systems, e-commerce payment gateways, payment terminals, and merchant accounts — augmented by two specialty modules: high-risk merchant services (covering CBD/hemp, firearms, nutraceuticals, vape, online gambling, and telemedicine) and a cash discount program that passes processing costs to customers as a cash discount. Underlying infrastructure is partner-provided rather than proprietary: Clover for POS hardware, Authorize.net and NMI for gateways, TSYS for processing, and integrations into Shopify, WooCommerce, BigCommerce, Magento, PrestaShop, QuickBooks, Xero, FreshBooks, Odoo, and Zoho on the software side. Security posture is documented at the PCI-DSS level.

RPS earns revenue via residuals on processed transaction volume (transaction-fee model), merchant account service fees, and POS hardware resale. Go-to-market is a hybrid of direct sales, inside sales, self-serve e-commerce onboarding, and channel referrals through software and POS partners. Pricing is quote-based with no setup fees and no long-term contracts. The company holds a registered trademark on its brand identity and is privately held with no disclosed external funding.

Name

Regulated Payment Systems

Legal name

Regulated Payment Systems LLC

Website

https://regulatedps.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Regulated Payment Systems is a Boca Raton-based payment processing ISO that resells merchant acquiring, Clover POS, e-commerce gateways, and high-risk merchant services to 10,000+ U.S. businesses via TouchSuite and Fiserv sponsor-bank partnerships.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

akta.pro primary industry

Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)

akta.pro secondary industries

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA), Integrated POS Payments (ISVs & Vertical POS Platforms) (FSAMADAD)

Keywords

• Payment processing services
• Merchant accounts
• POS systems
• High-risk merchant services
• E-commerce payment gateways

Headquarters

HQ city

Boca Raton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Transaction Processing Fees: Revenue generated from processing credit card, debit card, mobile payments, and contactless transactions. The company charges transaction fees for payment processing services.
2. Merchant Account Services: Revenue from providing merchant accounts tailored to business needs, including competitive rates, fast approvals, and dedicated account management.
3. POS Equipment and Terminals: Revenue from modern payment terminals supporting chip cards, contactless payments, and mobile wallets. Free equipment programs may be available.
4. High-Risk Merchant Services: Specialized payment processing services for high-risk businesses with tailored solutions including chargeback management and risk mitigation.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Regulated Payment Systems provides payment processing solutions for businesses, including Clover POS systems, e-commerce payment gateways, payment terminals, and merchant accounts. The company also offers specialized high-risk merchant services for sectors such as CBD/hemp, firearms, nutraceuticals, and vape, alongside a cash discount program that passes processing costs to customers. RPS operates as an Authorized Agent of TouchSuite and Fiserv, partnering with sponsor banks including Wells Fargo, PNC, and Pathward.

Product overview

Regulated Payment Systems offers a unified payment processing platform consisting of core products including POS Systems (Clover), E-Commerce Payment Processing gateways, Payment Terminals, and Merchant Accounts. These foundational services are complemented by specialized add-on modules such as High-Risk Merchant Services for businesses in CBD, firearms, nutraceuticals, and vape sectors, and a Cash Discount Program. The company operates as an Authorized Agent of TouchSuite and Fiserv, partnering with sponsor banks including Wells Fargo Bank, PNC Bank, and Pathward to deliver comprehensive payment solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Clover POS Systems State-of-the-art Clover POS systems providing hardware for payment acceptance, inventory tracking, timesheet management, and reporting with customizations available from the Clover App Store. Designed for retail, restaurants, and other traditional brick-and-mortar merchants.
• E-Commerce Payment Processing Secure online payment gateway solutions with checkout integrations for websites and apps, enabling global payment acceptance and virtual terminal capabilities. Built for online retailers using WordPress/WooCommerce, Shopify, BigCommerce, Magento, and PrestaShop.
• Merchant Accounts Tailored merchant accounts for startups through enterprises, providing competitive rates, fast approvals, and dedicated account management to enable credit card payment acceptance.
• Payment Terminals Modern payment terminals supporting chip cards, contactless payments, and mobile wallets for fast, reliable in-person transactions, with free equipment programs available.
• High-Risk Merchant Services Specialized payment processing services for high-risk businesses such as CBD/hemp, firearms and ammunition, nutraceuticals, and vape/e-cigarettes, including chargeback management and risk mitigation support.
• Cash Discount Program Compliance-friendly program that allows merchants to pass credit card processing costs to customers as a cash discount, eliminating processing fees for participating merchants.

Quantifiable outcome

• 10,000+ businesses trust RPS for payment processing
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered core, flagship and supporting.

• TouchSuitecoreTechnology or IntegrationRPS is an Authorized Agent and registered ISO of TouchSuite. TouchSuite is a registered ISO of Wells Fargo Bank, N.A., Concord, CA and FFB Bank, Fresno, CA. This partnership enables RPS to provide payment processing services through TouchSuite's infrastructure.
• Fiserv (First Data)coreTechnology or IntegrationRPS is an authorized agent and Member Service Provider (MSP) of Fiserv. Fiserv merchant services are provided in partnership with Wells Fargo Bank, N.A., Concord, CA; PNC Bank, N.A., Pittsburgh, PA; and Pathward, N.A., Sioux Falls, SD.
• ClovercoreTechnology or IntegrationRPS offers state-of-the-art Clover POS systems to merchants for taking payments, tracking inventory, managing timesheets and running reports. Clover POS systems provide powerful features and customizations through the Clover App Store.
• Authorize.netflagshipTechnology or IntegrationAuthorize.net is a leading payment gateway provider that RPS partners with to offer secure online payment processing, virtual terminals, and checkout integrations for e-commerce businesses.
• NMI (Network Merchants Inc.)flagshipTechnology or IntegrationNMI is a payment gateway provider that RPS partners with to enable secure online payment acceptance, providing gateway solutions for merchants accepting payments through websites and apps.
• TSYSflagshipTechnology or IntegrationTSYS is a leading payment processor that RPS partners with to process credit card and debit card transactions, providing the underlying processing infrastructure for merchant services.
• Wells Fargo Bank, N.A.coreOthersWells Fargo Bank, N.A., Concord, CA serves as a sponsor bank for both TouchSuite and Fiserv merchant services that RPS provides. RPS operates as a registered ISO of these programs.
• PNC Bank, N.A.coreOthersPNC Bank, N.A., Pittsburgh, PA serves as a sponsor bank for Fiserv (First Data) merchant services provided by RPS.
• Pathward, N.A.coreOthersPathward, N.A., Sioux Falls, SD serves as a sponsor bank for Fiserv (First Data) merchant services provided by RPS.
• FFB BanksupportingOthersFFB Bank, Fresno, CA serves as a sponsor bank for TouchSuite ISO services that RPS provides.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• National Processing: National Processing is a merchant services ISO offering credit card processing, POS, and high-risk solutions to SMBs. It operates with comparable agent/processor relationships and direct-sales GTM motion.
• Stax Payments: Stax is a subscription-based payment processor targeting SMB and mid-market merchants with interchange-plus pricing. It competes with RPS for the same merchant accounts and integrates with POS and e-commerce platforms.
• PaymentCloud: PaymentCloud is a merchant services ISO specializing in high-risk verticals including CBD, firearms, nutraceuticals, and adult. It mirrors RPS's high-risk focus and ISO agent model with sponsor-bank processing relationships.
• Helcim: Helcim is a payment processor and merchant services provider serving SMBs with transparent interchange-plus pricing, POS, and online payment tools. It targets the same SMB merchant base as RPS with similar product breadth.
• PayKings: PayKings is a high-risk merchant services ISO focused on CBD, firearms, nutraceuticals, and similar verticals. It is a direct competitor to RPS in the high-risk niche with similar sponsor-bank-based underwriting.
• Host Merchant Services: Host Merchant Services is a payment processing ISO/MSP serving SMBs with merchant accounts, gateways, and POS solutions. It uses a similar direct-sales ISO model with quote-based pricing and supports e-commerce platforms.
• Durango Merchant Services: Durango Merchant Services is a high-risk payment processing ISO specializing in nutraceuticals, supplements, CBD, and similar verticals. It competes head-on with RPS's high-risk merchant services offering.

Broad incumbents

• Stripe: Stripe is a global payments incumbent serving online and omnichannel merchants with gateways, processing, and developer-led integrations. It is a broad incumbent competing with RPS's e-commerce gateway business.
• Square (Block): Square is a broad SMB payments incumbent offering POS, e-commerce, and merchant processing under its own brand. It competes with RPS for traditional SMB merchants while operating a much larger proprietary stack.
• Toast: Toast is a restaurant-specialized POS and payments platform that bundles hardware, software, and processing. It is an adjacent competitor for RPS's restaurant and Clover-based POS merchants.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/regulatedpaymentsystems
• LinkedInlinkedin.com/company/regulated-payment-systems

Compliance1 record

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 Regulated Payment Systems