Tap Payments

What Tap Payments does

Tap Payments is a private US-based payment services company founded in 2010 and headquartered in Portland, with 51-100 employees and operations spanning the United States and nine Middle East and North Africa markets. The company offers a unified merchant payments suite anchored by a self-service QR-code checkout flow that lets customers scan a product, pay via mobile, and complete a purchase without employee interaction; the suite also includes a Point of Sale system with EMV and Apple/Samsung Pay support, stand-alone credit card terminals, e-commerce shopping cart processing, an Online Store with QR Store, and a Security Suite add-on.

The underlying technology is cloud-based payment infrastructure combining QR code generation and scanning, NFC card reading, EMV processing, mobile payment acceptance, and real-time reporting with inventory management and QuickBooks integration. The business model combines a per-transaction QR processing fee (3.5% plus $0.15), hardware sales for terminals and POS systems, and a tiered subscription stack (Free Starter at $0, Pro at $49.99/month, Enterprise at $99.99/month, QR Code Store Only at $199.99/month). Distribution is primarily self-serve PLG via online sign-up, supplemented by direct enterprise sales consultation and a MoneyHash integration partnership for MENA market reach.

Public scale claims include over $12 billion in annual sales volume processed and more than 15 million transactions per month, though these figures are not independently verified and the company's small employee base and external-domain contact infrastructure ([email protected], apps.jarvistec.com) suggest much of the volume may flow through partner processors rather than Tap's own balance sheet. The company reports no disclosed funding, no public leadership roster, and no app store presence, and it markets itself with a generic "Powered by A.I Technology" tagline without supporting technical detail.

Name

Tap Payments

Legal name

Tap Payments

Website

https://tap-pymts.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

51–100 employees

Short description

Tap Payments is a private US payment services firm offering QR-code, POS, terminal, and e-commerce payment processing to retail, restaurant, and online merchants across the US and nine MENA markets via self-serve subscriptions and direct sales.

Ownership category

akta.pro rank

Product category

Payment Processing

akta.pro primary industry

QR Code & Alternative In-Store Acceptance (QR, APMs) (FSAMADAH)

akta.pro secondary industries

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA), Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)

Keywords

• Payment processing
• QR code payments
• Merchant services
• POS systems
• Online payment gateway

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Transaction Processing Fees: Tap Payments charges 3.5% plus $0.15 per transaction for QR code processing. This is the primary revenue stream from payment processing services.
2. Subscription Plans: Tiered subscription model with four plans: Free Starter ($0), Pro ($49.99/month), Enterprise ($99.99/month), and QR Code Store Only ($199.99). Provides recurring monthly revenue from merchants subscribing to premium features.
3. Payment Terminal Hardware and Setup: Standalone credit card terminals and POS systems sold to merchants requiring hardware for in-person payment processing.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Tap Payments provides QR-based payment processing and merchant services, including point-of-sale systems, credit card terminals, and e-commerce payment gateways. The company enables merchants across retail, restaurant, and online channels to accept self-service payments via QR codes, mobile devices, and traditional card processing on a cloud-based platform serving customers such as Amazon, Walmart, IKEA, Walgreens, Woolworths, eBay, Red Robin, and BJ's Restaurant.

Product overview

Tap Payments is a payment technology provider offering a unified suite of payment processing solutions consisting of QR-based payments (Retail & Restaurant QR Processing, Online Store with QR Store), traditional card processing (Point of Sale System, Stand Alone Credit Card Terminal, Shopping Cart Payments), and ancillary services (Security Suite). The company operates on a tiered pricing model with Free Starter, Pro, Enterprise, and QR Code Store Only plans. Processing volume exceeds $12 billion annually across 15+ million monthly transactions, with the core differentiator being QR code technology that eliminates the need for employees to process payments.

Differentiator

Problem solved

Functional benefit

Products and services

• Retail & Restaurant QR Processing

Quantifiable outcome

• Merchants process over $12 billion in sales annually
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability1 record

Feature4 records

Partnerships

One partnership is on record.

• MoneyHashcoreTechnology or Integration · 27 January 2026MoneyHash, a payment orchestration platform serving emerging and global markets, announced a partnership and integration with Tap Payments. The integration combines MoneyHash's orchestration layer with Tap's payment infrastructure, enabling merchants to accept a broader range of payment methods while maintaining routing control and operational visibility across channels and markets. The partnership aims to support scalable payment operations as digital commerce continues to grow across the Middle East and North Africa region.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Lightspeed Commerce: Lightspeed offers cloud-based POS and payment processing for retail and restaurant SMBs with integrated e-commerce. Comparable full-stack offering for multi-location merchants, though positioned at the higher end of the SMB market.
• Block (Square): Block's Square is the dominant SMB payment processor offering card-present, QR-code, and POS solutions to retail and restaurant merchants. Directly comparable product suite (Square POS, Square Checkout, QR payments) and pricing model make it the primary competitive benchmark for Tap Payments.
• SumUp: SumUp is a mobile payment and POS provider focused on micro-merchants and SMBs across Europe, the Americas, and emerging markets. Comparable pricing model (transparent per-transaction rates, no monthly fees) and direct overlap on QR/mobile acceptance for small retailers.
• Helcim: Helcim is a payment processor offering transparent interchange-plus pricing, POS tools, and online checkout for SMBs. Comparable on transparent SMB payment processing and merchant education positioning.
• Toast: Toast is a purpose-built restaurant POS and payments platform with QR ordering, contactless payments, and integrated hardware. Highly comparable to Tap Payments on the restaurant segment, with much deeper vertical specialization and capital base.
• PayPal Zettle (formerly iZettle): PayPal Zettle delivers mobile card readers, POS software, and QR-code payments to small merchants globally. Closely comparable on the mobile/QR payment acceptance product for retail and cafe/restaurant segments.
• Clover (Fiserv): Clover is a POS and merchant services platform from Fiserv serving SMBs across retail and restaurant segments. Comparable in offering SMBs an integrated POS + payment processing stack, though distributed through bank ISOs rather than direct self-serve.

Broad incumbents

• Stripe: Stripe dominates online payment processing and Checkout for internet businesses, with growing POS and Terminal offerings. Comparable on the e-commerce/online checkout side of Tap Payments' portfolio, and a dominant incumbent in payment processing broadly.

Others

• MoneyHash: MoneyHash is a payment orchestration platform covering MENA and emerging markets. Listed as a Tap Payments partner rather than a competitor, but adjacent in the MENA payment ecosystem and the most direct counterpart in the region.

Emerging players

• Stax by Fattmerchant: Stax provides subscription-based payment processing with POS and online checkout for SMBs. Comparable on the subscription-pricing, SMB-focused positioning, though with stronger software layer than Tap Payments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tap-payments-inc

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 Tap Payments