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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.
Social
X
Key Metrics
Founded Year
2010
Location
Boca Raton, United States
Stage
Unfunded
Ranked
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 Profile
The founders of MagicPay is Rami Levi.
Here are the details of MagicPay's key team 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:
Employee count trend for MagicPay
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Euronet Worldwide
Euronet Worldwide
1994, Leawood (United States), Funding Raised
Electronic payments provider
-
71/100
2nd
Logo for Thredd
Thredd
2007, London (United Kingdom), Series D
Provider of issuer processing services for businesses needing digital payment solutions
$461M
67/100
3rd
Logo for Enfuce
Enfuce
2016, Espoo (Finland), Series C
Provider of open banking API solutions
$74.2M
62/100
4th
Logo for Conferma
Conferma
2004, Cheadle (United Kingdom), Unfunded
Provider of virtual card and payment solutions for business transactions
-
-
62/100
5th
Logo for Silverflow
Silverflow
2019, Amsterdam (Netherlands), Series A
Issuer processor providing payment processing solution for businesses
$36.4M
61/100
6th
Logo for Arroweye
Arroweye
2000, Chicago (United States), Acquired
On-demand payment card solutions provider enabling speed and flexibility
$88.7M
61/100
7th
Logo for CPI Card Group
CPI Card Group
1995, Littleton (United States), Public
Payment card and issuer processing solutions
-
61/100
8th
Logo for EVO Payments
EVO Payments
1989, Atlanta (United States), Acquired
Merchant acquiring and payment processing solutions
-
60/100
9th
Logo for Elavon
Elavon
1991, Atlanta (United States), Acquired
Global payment processing solutions for businesses of all sizes and industries
-
-
60/100
10th
Logo for Paysera
Paysera
2004, Vilnius (Lithuania), Series A
Banking channels and issuer processing solutions
$8.62M
-
60/100
183rd
Logo for MagicPay
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.
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FAQs about MagicPay

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