Fintech Merchant Account and Payment Processing.

A merchant account lets your business accept card payments. When a customer pays, the payment gateway sends the transaction to the card network and the cardholder's bank for approval in real time. Approved transactions are settled in a daily batch, and the acquiring bank deposits the funds into your business bank account.

Fintech companies move money, so banks look at fraud and regulation first. Account takeovers, synthetic identities and scams target financial apps, fintechs handle sensitive financial data, and licensing rules for money transmission, lending and crypto vary by state. Some models, like crypto purchases and payment facilitation, also need card network registration before processing.

We help a broad range of fintech companies, such as:

• Payment facilitators and payment platforms
• Money transmitters and remittance services
• Cryptocurrency exchanges, wallets and on-ramps
• Online lenders and loan servicers
• Buy now, pay later providers
• Neobanks and digital banks
• Investing and trading apps
• Peer-to-peer payments
• Prepaid and stored-value programs
• Invoicing and B2B payment platforms for small business owners
• Embedded finance providers

These companies often struggle to access traditional processors because the sector is considered too risky for strict underwriting requirements. Through our high-risk accounts, we help fintech companies accept payments in a variety of formats with the highest level of data security.

It depends on what you do. The most common codes for fintech merchants are:

• 7372 – Computer Programming, Data Processing and Integrated Systems Design, for fintech platforms that sell software or processing services
• 6012 – Financial Institutions – Merchandise, Services, and Debt Repayment, used only by banks, savings and loans, thrifts and credit unions
• 6051 – Non-Financial Institutions, for crypto purchases, money orders and loan repayments to non-bank lenders
• 4829 – Money Transfer, for money transmission, remittances and peer-to-peer payments
• 6540 – Stored-value card purchases and loads
• 6211 – Securities brokers and dealers

Card issuing doesn't use 6011, which is only for cash from bank-owned ATMs. The final MCC is assigned by the acquiring bank based on your primary business.

It's hard. Stripe restricts crypto, lending, investing, BNPL, money transmission and neobanks and reviews each business, PayPal requires pre-approval for money services, crypto and investments, and Square prohibits most financial services.

Provide us with at least three months of bank statements and processing history, if available. We'll also review your security controls, regulatory adherence, and overall operations model to understand your risk profile better before we approve you.

To get started, provide us with these documents:

• Business license
• Tax ID
• Government ID
• Address and website
• Three months of bank statements and processing history
• Sales volume projections

Generally, you can be approved within 3–10 business days.

Often, yes. Many fintech companies come to us after a processor froze their account during a review. We look at why it happened and what's changed. We also work with merchants on the MATCH list.

It depends on your history and your model. New platforms, payment facilitators and crypto businesses often start with a rolling reserve. Fintech companies with clean processing history often start with a low reserve or none.

Yes. A payment facilitator has to be registered with Visa by its sponsor bank, and Visa has to confirm the registration before you submit transactions. Every transaction carries both your ID and your sub-merchant's ID, and a sub-merchant that processes more than $1 million a year with Visa needs its own agreement with the acquirer.

Yes. Visa treats card-not-present crypto purchases as high-integrity risk, and Mastercard requires crypto merchants to be registered before processing under MCC 6051, so we handle that registration with you. In New York, you also need a BitLicense or a limited-purpose trust charter.

If you hold or move customer funds, usually yes. Most states license money transmitters, 31 states have adopted the Money Transmission Modernization Act, and FinCEN requires money services businesses to register within 180 days of starting and renew every two years. Partnering with a licensed sponsor can change what you need, so check with counsel.

Yes. BNPL providers are approved, with lending licenses where your states require them. The CFPB withdrew its 2024 interpretive rule treating BNPL lenders like credit card issuers in May 2025, but state lending laws and Truth in Lending disclosures still apply.

Not with Visa. Visa doesn't allow credit or charge cards for loan or debt repayment, so borrowers pay with debit or prepaid cards, or by ACH. Loan payments carry Visa's debt repayment indicator and use MCC 6012, 6051 or 7322. Collecting charged-off debt? See our debt collection merchant account.

Our solutions are fully PCI-DSS compliant, and we use advanced tools like behavioral analysis to identify suspicious activity before it escalates to a chargeback.

Absolutely; we allow you to access international markets through our multi-currency support, which accelerates business growth and ensures user trust.

It helps with fraud. 3D Secure authenticates the cardholder and shifts liability for fraud disputes to the card issuer, but it doesn't cover disputes about your service. Strong KYC at onboarding stops more fraud before the first payment.

Visa's VAMP program flags merchants at a 1.5% fraud-and-dispute ratio with at least 1,500 disputes and fraud reports in a month, and Mastercard starts at 1.5% and 100 chargebacks. Banks act well before that, so aim to stay under 1%.