What Secure Payment Services does

Secure Payment Services LLC is a Dubai-based, privately held payment services provider licensed by the Dubai Economic Department (license number 795802) under DED activity code 749960. The company operates a PCI DSS Level 2 certified white-label payment gateway and offers end-to-end payment processing to online merchants, with a stated focus on e-commerce businesses, including those in high-risk verticals (travel, business consulting, real estate) that traditional banks are reluctant to underwrite. Its core products are the Secure Payment Portal (SPP), a proprietary end-to-end platform enabling real-time transaction tracking from initiation to settlement, and the SPS Payment Gateway, which provides virtual terminal, ACH processing, inventory management, quick-click button generation, and Verified-by-Visa/MasterCard Secure Code. The platform architecture is built around multi-bank acquiring relationships and supports multi-currency processing across VISA, MasterCard, AMEX, Maestro, JCB, Southeast Asian local cards, and local e-wallets, with additional modules covering 3D Secure authentication, risk management, recurring billing, account management, revenue optimization, mobile payments (NFC, BLE, barcode, Apple Pay, China payment integration), and customized software development.

Secure Payment Services generates revenue primarily through transaction-based processing fees calibrated to business model, risk exposure, and target market, supplemented by gateway subscription/services, one-time merchant account setup fees, and revenue share from its reseller and developer referral programs. Its go-to-market combines direct inside sales (driven through website contact forms with stated merchant monthly volumes of $621–$50,000), channel partners (the SPS Reseller Programme targeting resellers and introducing brokers), and integration partners offering shopping cart plugins and an 'Integration In A Box' no-code solution for non-technical merchants. The company claims operating reach across Europe, USA, LATAM, Asia, Asia Pacific, and GCC from its single Dubai headquarters. The company is also PDPA-compliant for Singapore-relevant personal data handling.

Name

Secure Payment Services

Legal name

Secure Payment Services LLC

Website

https://securepaymentservices.net

Company type

Private

Operating status

Operating

Short description

Secure Payment Services LLC is a Dubai-licensed (DED license 795802), PCI DSS Level 2 certified payment gateway provider offering multi-currency processing, merchant accounts, and risk-managed transaction services to e-commerce merchants, including high-risk verticals underserved by traditional banks, across Europe, the Americas, Asia, and GCC.

Ownership category

akta.pro rank

Product category

Payment Processing Services

NAICS

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

akta.pro primary industry

Merchant Payment Gateways (API/Hosted Checkout) (FSAMACAA)

akta.pro secondary industries

3D Secure, Authentication & Access Control (FSAMALAD), Tokenization & Secure Payment Vaults (Card-on-File) (FSAMACAC), Recurring Billing, Subscriptions & Tokenized Payments (CRAFALAH), Tokenization, Network Vaults & Credential Management (FSAGABAF)

Keywords

• Payment gateway services
• Merchant account processing
• Risk management solutions
• E-commerce payment processing
• Multi-currency transactions

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Payment Processing Fees: SPS charges transaction/commission fees for processing card payments. Processing fees are defined according to business model requirements, risk exposure and target markets, with competitive rates for both high risk and low-risk businesses.
2. Gateway Services: White-label gateway platform services including virtual terminal, ACH processing, and API integrations for merchants to connect to the digital payments ecosystem.
3. Setup and Account Fees: Fixed one-time setup costs for new merchant accounts with no added hidden charges. Multi-bank processing and premium gateway network access included.
4. Reseller and Referral Revenue Share: Partners/resellers earn flat referral fees for minimum transaction volumes, cash incentives, and percentage revenue share from net profit of transactions processed by referred merchants.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Secure Payment Services provides customized payment gateway and merchant account solutions for e-commerce businesses, including its proprietary Secure Payment Portal (SPP) for end-to-end global payment facilitation and the PCI DSS Level 2 certified SPS Gateway white-label platform. Offerings span card processing across VISA, MasterCard, AMEX and local schemes, multi-currency support, integrated risk management with 3D Secure, mobile payment solutions, recurring billing, and ACH processing, targeting merchants in verticals such as online retail, travel, consulting, and real estate.

Product overview

Secure Payment Services (SPS) operates as a licensed payment gateway solutions provider offering a unified platform-plus-modules architecture. The core product portfolio centers on the Secure Payment Portal (SPP) for end-to-end global payment facilitation and the SPS Payment Gateway (PCI DSS Level 2 white-label platform) for digital payment connectivity. These core offerings are complemented by e-commerce merchant accounts, mobile solutions (NFC, BLE, Apple Pay, China payment), and customized software development. The solution suite includes account management, risk management, revenue optimization, recurring billing, 3D Secure authentication, and custom e-commerce instruments. The company supports multi-currency transactions across VISA, MasterCard, AMEX, Maestro, JCB, Southeast Asian local cards, and local e-wallets, serving merchants in retail, travel, business consulting, and real estate industries.

Differentiator

Problem solved

Functional benefit

Brands

• SPS Gateway: PCI DSS Level 2 white-label payment gateway platform with robust capabilities for digital payments connectivity
• SPS Payment Portal
• SPS Collect

Products and services

• Secure Payment Portal (SPP)

Quantifiable outcome

• Expected 80% reduction in e-commerce chargebacks and fraud with 3D Secure authenticated payment
• +1 more outcomes

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core, major and minor.

• Banks and Financial InstitutionscoreOthersSecure Payment Services engages partners such as banks, payment facilitators and other licensed entities to provide PSP services. Their premium banking network with selected acquiring banks enables 360-degree payment solutions supporting all regions worldwide. Their network of worldwide banks and credit companies allows offering real-time accurate, low and competitive exchange rates.
• Preferred Integration PartnersmajorChannel Partner/ Reseller/ DistributorIntegration partners assist merchants customize websites with shopping cart plugins that suit their business model and online shoppers. The 'Integration In A Box' solution enables no-code website integration for online stores.
• SPS Reseller Programme PartnersmajorChannel Partner/ Reseller/ DistributorSPS RP welcomes resellers and introducing brokers to join the reseller programme. Partners are equipped to promote SPS offerings with extensive support, profitable schemes, and prompt settlements. The program aims for integrity and transparency allowing both businesses to grow and prosper.
• E-commerce Platform Developers (Refer & Earn)minorChannel Partner/ Reseller/ DistributorDevelopers who set up e-commerce platforms can refer clients to SPS for payment solutions and earn attractive incentives including flat referral fees, cash incentives, and revenue share from net profit of processed transactions.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Adyen: Unified payments platform offering gateway, processing, and acquiring across cards and local methods globally. Comparable on multi-currency, multi-method acquiring and gateway orchestration; SPS targets a different (higher-risk) merchant profile.
• Stripe: Global payments platform providing merchant payment gateway, processing, and orchestration APIs. Comparable as a merchant payment gateway/PSP for e-commerce, though much broader in scale and product depth than SPS.
• Checkout.com: Global PSP with gateway, acquiring, and optimization tools for e-commerce merchants across cards and local payment methods. Closely comparable on gateway + risk + acquiring stack and multi-currency coverage.
• Worldpay (FIS): Large-scale payment processor and gateway for global e-commerce and omnichannel merchants. Comparable as a merchant gateway and acquirer; SPS competes in higher-risk niches.

Direct peers

• 2Checkout (now Verifone): Merchant payment gateway and global payment processing for online businesses, including high-risk and subscription merchants. Direct comparable on cross-border e-commerce gateway, recurring billing, and risk-managed onboarding.
• DLocal: Cross-border payment processor focused on emerging markets including LATAM, Asia, and GCC. Comparable on cross-border gateway + local payment methods for merchants that global processors underserve, a similar positioning to SPS.
• AsiaPay: Payment service provider offering multi-currency gateway, processing, and fraud tools across APAC. Comparable on regional gateway + risk + recurring billing stack for e-commerce merchants.

Peers

• Authorize.Net: Established payment gateway for SMB and mid-market e-commerce merchants supporting tokenization, fraud, and recurring billing. Comparable on gateway, tokenization, and 3D Secure offerings to SPS merchants.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/securepaymentservices

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 Secure Payment Services