electronicpayments.com

What It Is

Electronic Payments (EPI) is a U.S.-based fintech company offering full-stack payment processing, POS systems, and value-added services. Its offering is built around its in-house Cygma authorization and settlement platform, as well as the fully featured Exatouch POS system, providing end-to-end payment and business management solutions across multiple industries.

Core Analysis

• Service types: Covers merchant acquiring, POS hardware and software, payment gateways, embedded payments, and gift card/loyalty programs.
• Supported payment methods: Broad support for EMV, NFC, contactless, X-Pay, and Level II/III transactions, covering credit cards, debit cards, and EBT.
• Countries/regions covered: Primarily focused on the U.S. market, with a recent expansion into Europe through the acquisition of Handpoint.
• Rates and fees: Standard pricing is not publicly disclosed, but the company emphasizes low-cost processing. Some merchants report effective rates dropping to around 0.5%; same-day/next-day funding comes with no extra fees.
• Settlement cycle: Offers highly competitive same-day funding, with deposits as fast as 5 hours after cutoff, as well as next-day funding.
• Compliance and licensing: A registered ISO of banks such as Citizens Bank and KeyBank, and a MasterCard-registered TPP; compliant with PCI and RACS requirements.
• Risk management: Its TableTurn system significantly reduces chargeback rates, while the Cygma platform provides comprehensive data protection and supports Level III processing to optimize B2B/B2G costs.
• APIs and integrations: Provides JSON and RESTful APIs, supports Gateway Bridge for regional debit network processing, and integrates with third-party hardware and software such as Authorize.Net and PAX.

Pricing

Electronic Payments uses a custom-quote pricing model and claims to offer low-cost processing rates. Its biggest draw is that Exatouch POS hardware requires no upfront payment, while same-day/next-day funding is available without additional surcharges—highly attractive for cash-flow-sensitive small and midsize merchants.

Pros and Cons

Key advantages include its proprietary underlying platform, which enables faster authorization and lower costs; support for high-risk industries such as CBD, adult entertainment, and firearms/ammunition; and 24/7 in-house U.S.-based technical support with no additional billing. The main drawbacks are that exact rates are not transparent and require consultation, and its business is still primarily concentrated in the United States.

Who It’s For

Best suited to U.S.-based merchants in retail, restaurants, and services—especially businesses that need same-day funding, are sensitive to chargeback rates, or operate in high-risk industries. It is also suitable for ISOs and agents seeking stable revenue sharing and dedicated BIN/ICA relationships.

Access from China

The website and services mainly target European and U.S. markets, and network accessibility from China is unknown. It does not support mainland Chinese payment methods such as Alipay or WeChat Pay. Chinese companies expanding overseas may consider it as an acquiring option if they have a physical business presence in the U.S.; otherwise, they should look for alternatives that support localized payment methods.