epaymgmt.com

What It Is

ePay Management, LLC was founded in 2000 and is headquartered in Tempe, Arizona, USA. It positions itself as a provider of consumer financing and bill collection solutions for merchants. Rather than being a simple acquiring tool, it combines loan referrals, payment gateways, ACH/eCheck, smart invoicing, recurring billing, and POS capabilities to help merchants lower the upfront payment barrier for customers and accelerate accounts receivable collection.

Core Capabilities

Its financing platform uses a multi-lender marketplace model, allowing customers to receive multiple loan offers through a single pre-application. According to the official website, it can serve borrowers ranging from prime credit to subprime credit, and initial offers use a soft inquiry that does not affect credit scores. Typical borrower requirements include an SSN, annual income of at least $26,000, and a FICO score above 550. On the merchant side, it provides custom application links, an online merchant portal, and real-time status updates. On the payment side, it supports credit cards, debit cards, eCheck, ACH, smart electronic invoices, recurring billing, Customer Vault, as well as standalone, wireless, and tablet POS options.

Pricing

The official website discloses fairly specific pricing: the financing program has an initial registration fee of $499 and a monthly fee of $99. Merchants pay a 4.99% discount fee on the loan funds actually received, typically charged 10 days after funding. Borrower interest rates start at 6%, with quotes for the legal industry capped at 35.99%. Card processing uses a cost-plus model, as low as cost plus 0.05% and $0.05 per transaction. ACH/eCheck pricing is shown as $0.50 per transaction.

Pros and Cons

Its strengths lie in the tight integration between financing and payment collection, making it suitable for industries with high average transaction values where customers often need installment options. Merchants have no recourse liability for borrower defaults and only pay fees based on the amount actually collected. The fixed cost of ACH also offers cost advantages for service contracts and large invoices. The drawbacks are that the website does not disclose details about payment or lending-related licenses, nor does it provide information on developer API documentation, international acquiring, multi-currency support, or cross-border capabilities. The fixed monthly fee and 4.99% financing discount fee may also be relatively high for low-volume small merchants.

Best Fit and Access from China

It is better suited for U.S.-based local service providers in areas such as legal services, home services, alternative medicine, and regenerative medicine, where it can be used for customer financing, upfront payment collection, recurring billing, and low-cost ACH debits. The review text does not provide information on access from China, so this remains unknown.