MagicPay - About the company
MagicPay is an unfunded company based in Boca Raton (United States), founded in 2010 by Rami Levi. It operates as a Mobile Credit Card Processing. MagicPay has not raised any funding yet. The company has 195 active competitors, including 21 funded and 57 that have exited. Its top competitors include companies like Euronet Worldwide, Thredd and Enfuce.
Company Details
MagicPay, earlier known as GlobalPay, provides merchant account for mobile transactions. Provides merchant account, mobile PoS devices, Retail PoS terminals, Payment Gateway API. It started reduced charges for AmEx card processing, without the requirement for merchants to separately get clearance for the same. Also offers free EMV card readers for merchants applying for accounts to help them migrate to EMV technology.
- Website
- magicpay.net
Key Metrics
Founded Year
2010
Location
Boca Raton, United States
Stage
Unfunded
Ranked
183rd among 195 active competitors
Employee Count
1 - 10 as on Jul 01, 2024
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MagicPay's funding and investors
MagicPay has not raised any funding rounds yet.
MagicPay's founders and board of directors
Founder? Claim ProfileThe founders of MagicPay is Rami Levi.
Here are the details of MagicPay's key team members:
- Rami Levi: Founder of MagicPay. Contact Info: 1 email address
View details of MagicPay's Founder profiles and Board Members
MagicPay's employee count trend
MagicPay has 1 - 10 employees as of Jul 24. Here is MagicPay's employee count trend over the years:
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MagicPay's Competitors and alternates
Top competitors of MagicPay include Euronet Worldwide, Thredd and Enfuce. Here is the list of Top 10 competitors of MagicPay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Euronet Worldwide 1994, Leawood (United States), Funding Raised | Electronic payments provider | - | 71/100 | |
2nd | Thredd 2007, London (United Kingdom), Series D | Provider of issuer processing services for businesses needing digital payment solutions | $461M | 67/100 | |
3rd | Provider of open banking API solutions | $74.2M | 62/100 | ||
4th | Conferma 2004, Cheadle (United Kingdom), Unfunded | Provider of virtual card and payment solutions for business transactions | - | - | 62/100 |
5th | Silverflow 2019, Amsterdam (Netherlands), Series A | Issuer processor providing payment processing solution for businesses | $36.4M | 61/100 | |
6th | Arroweye 2000, Chicago (United States), Acquired | On-demand payment card solutions provider enabling speed and flexibility | $88.7M | 61/100 | |
7th | CPI Card Group 1995, Littleton (United States), Public | Payment card and issuer processing solutions | - | 61/100 | |
8th | EVO Payments 1989, Atlanta (United States), Acquired | Merchant acquiring and payment processing solutions | - | 60/100 | |
9th | Elavon 1991, Atlanta (United States), Acquired | Global payment processing solutions for businesses of all sizes and industries | - | - | 60/100 |
10th | Banking channels and issuer processing solutions | $8.62M | - | 60/100 | |
183rd | MagicPay 2010, Boca Raton (United States), Unfunded | Mobile Credit Card Processing | - | - | 20/100 |
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MagicPay's Investments and acquisitions
MagicPay has made no investments or acquisitions yet.
Reports related to MagicPay
Here is the latest report on MagicPay's sector:
News related to MagicPay
Media has covered MagicPay for 1 event in last 1 year, It was about company updates.
•
MagicPay Unveils Next-Gen POS App With Fiscal Compliance and Smart Features for Puerto Rico & USVIAccess Newswire•Sep 15, 2025•MagicPay
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