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Formula Telecom Solutions
Or Yehuda, Israel
B
51-100 Employees
1997
Key takeaway
FTS offers a comprehensive payment gateway solution, including a hybrid and closed-loop payments system, tailored for South African NGO payments. Their services encompass payment processing, mobile payments, and fraud control, highlighting their expertise in cashless innovation.
Reference
Core business
Payments Processing, Mobile Payments - South Arfican Success Story | FTS
South African Payment Gateway Success Story: Mobile Wallet and Payment Processing Solution for NGO Payments Provider. Click here to read more
Balance
Tel-Aviv, Israel
B
11-50 Employees
2020
Key takeaway
Balance offers a comprehensive B2B payment solution that includes various payment methods such as credit cards, ACH, wires, and checks. With features like hosted checkout, API integration, and self-serve invoicing, Balance aims to streamline and enhance the payment process for businesses.
Reference
Product
Payment methods
Hosted checkout, API integration, or e-commerce extension - we got you covered.
PayMe
Tel-Aviv, Israel
B
11-50 Employees
2014
Key takeaway
PayMe offers advanced payment capabilities through its white-label technological solutions, enabling clients to integrate a comprehensive suite of financial services, including payment processing, into their products. Their APIs allow for the creation of payment pages and the management of transactions, making it easier for businesses to enhance their value proposition with seamless payment solutions.
Reference
Core business
PayMe – Embedded Financial Services for Platforms & Marketplaces
Embedded financial ecosystem - Enabling platforms, marketplaces, FinTechs and banks to embed financial offerings into their products
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OBL Computer Network
Herzliya, Israel
B
1-10 Employees
1997
Key takeaway
The company offers a comprehensive payment gateway solution that enables merchants to manage their accounts effectively, including the ability to respond to payment requests, initiate transfers, and process refunds. Their Merchant Control Panel and Admin Interface provide robust security and administrative features to enhance payment management.
Reference
Core business
OBL Company LTD
ZotaPay
Tel-Aviv, Israel
B
- Employees
2015
Key takeaway
ZotaPay offers comprehensive online payment processing solutions, including credit and debit cards and various alternative payment methods, ensuring secure transactions and effective fraud detection. Their technology is designed to support businesses in both local and emerging markets.
Reference
Core business
ZotaPay: Payment solutions. One application, One integration
Zotapay facilitates online payment processing solutions worldwide. These include: credit and debit cards, alternative payment methods, local payment solutions.
GAP600 Ltd
Raanana, Israel
B
1-10 Employees
2015
Key takeaway
GAP600 is a leading cryptocurrency company that enhances payment processing through its integration with the CoinsPaid cryptocurrency payment gateway, enabling instant and secure transaction confirmations. Their partnerships with exchanges like Cinnober and MyCoinDeal further streamline cryptocurrency deposit transactions, ensuring rapid payment processing.
Reference
Product
Payment Processors
SensePass
Ness Ziona, Israel
B
1-10 Employees
2017
Key takeaway
SensePass is revolutionizing digital payment processes by offering a centralized hub for various payment transactions, enhancing contactless payment options through innovative devices that allow customers to pay with a simple tap of their phones. Their omnichannel payments network supports seamless integration with digital wallets, promoting quicker checkouts and lower processing fees.
Reference
Core business
Sensepass Home - Sensepass
Swiich B.I Core Systems Ltd.
Tel-Aviv, Israel
B
11-50 Employees
2019
Key takeaway
Swiich offers an innovative platform that facilitates immediate payments through customizable e-Wallets, allowing seamless transactions across various mediums, including physical POS, online sites, and mobile applications. Their cloud-based architecture and comprehensive set of tools enable businesses, e-Wallets, and service providers to connect and transact effortlessly, streamlining the digital payments experience.
Reference
Core business
Open E-wallet Platform | Swiich
Swiich is creating the Open e-Wallet Eco-System. We provide a unified backbone for e-Wallets and Services Providers to connect.
Simplex
Givatayim, Israel
B
101-250 Employees
2014
Key takeaway
Simplex by Nuvei is a trusted payment gateway that facilitates fiat-crypto conversions, empowering partners to enable seamless transactions for millions of customers. With a focus on innovative solutions and fraud prevention, Simplex ensures a reliable and secure payment experience for users in the digital asset space.
Reference
Product
Simplex | Turnkey Onramp Solution - Simplex
Kenbi
Israel
B
11-50 Employees
2021
Key takeaway
The Kipp AI platform focuses on enhancing the shopping experience by optimizing payment authorization rates, which can significantly increase the approval of legitimate transactions. With a commitment to real-time communication between merchants and issuing banks, Kipp aims to recover up to 50% of declined transactions, ensuring customers have a seamless purchasing experience.
Reference
Product
Increasing Payment Approval with Merchants | Kipp
Keep your customers shopping online by optimizing authorization rates, sharing data with issuing banks to allow them to approve more transactions.
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The Payment Gateway industry in Israel is shaped by several key considerations. Regulatory compliance is crucial, as Israel has specific financial regulations that govern payment processing, including adherence to the Payment Services Directive (PSD2) and the oversight of the Bank of Israel. Companies must navigate these regulations while ensuring data security and consumer protection, which are paramount in maintaining trust and reliability in digital transactions. The competitive landscape is robust, with numerous local and international players vying for market share. This creates both challenges and opportunities, as startups and established firms innovate to enhance user experience and transaction efficiency. Additionally, the growth of e-commerce and digital payments in Israel presents significant opportunities for expansion, particularly in mobile payment solutions and cross-border transactions. Environmental concerns are increasingly relevant, with companies being urged to adopt sustainable practices in their operations. As the global market continues to evolve, Israeli payment gateways are also positioned to tap into international business, leveraging technological advancements and a strong startup ecosystem. Understanding these dynamics is essential for anyone interested in entering the payment gateway sector in Israel, as they highlight the intersection of regulatory, competitive, and market factors that influence success in this rapidly evolving industry.
Some interesting numbers and facts about your company results for Payment Gateway
Country with most fitting companies | Israel |
Amount of fitting manufacturers | 34 |
Amount of suitable service providers | 19 |
Average amount of employees | 11-50 |
Oldest suiting company | 1997 |
Youngest suiting company | 2021 |
Some interesting questions that has been asked about the results you have just received for Payment Gateway
What are related technologies to Payment Gateway?
Based on our calculations related technologies to Payment Gateway are Education, Engineering Services, IT & Technology Services, Healthcare Services, Consulting
Who are Start-Ups in the field of Payment Gateway?
Start-Ups who are working in Payment Gateway are Kenbi
Which industries are mostly working on Payment Gateway?
The most represented industries which are working in Payment Gateway are IT, Software and Services, Finance and Insurance, Other, International Affairs and Trade, Judiciary
How does ensun find these Payment Gateway Companies?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.