About Precision Payments
Precision Payments is a company based in Sarasota (United States) founded in 2009 was acquired by Celero Commerce in November 2024.. Precision Payments offers products and services including Credit Card Processing, POS Systems, Cash Discount Program, ISO/Agent Program, and Software Partner Program. Precision Payments operates in a competitive market with competitors including Worldpay, Heartland Payment Systems, Euronet Worldwide, Marqeta and Adyen, among others.
- Headquarter Sarasota, United States
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Precision Payments, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Celero Commerce
(Nov 14, 2024)
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Products & Services of Precision Payments
Precision Payments offers a comprehensive portfolio of products and services, including Credit Card Processing, POS Systems, Cash Discount Program, ISO/Agent Program, and Software Partner Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handles secure credit card transactions for businesses efficiently.
Offers hardware and software for retail transaction management.
Enables businesses to offer discounts for cash payments.
Facilitates partnerships for sales agents in payment processing.
Provides software collaborations for enhanced payment solutions.
Funding Insights of Precision Payments
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Precision Payments
Precision Payments has secured backing from 1 investor. Prominent investors backing the company include Celero Commerce. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based business management software is provided for SMBs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Precision Payments
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Precision Payments
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Precision Payments Comparisons
Competitors of Precision Payments
Precision Payments operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Worldpay, Heartland Payment Systems, Euronet Worldwide, Marqeta and Adyen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Payment services and analytics solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment processing, POS and Gift Card services
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| domain | founded_year | HQ Location |
Electronic payments and transaction processing solutions are offered globally.
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| domain | founded_year | HQ Location |
Card-issuing and payment processing solutions are offered to businesses.
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| domain | founded_year | HQ Location |
Payment issuance and processing solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment solutions for businesses are provided by Worldline Global.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Precision Payments
Frequently Asked Questions about Precision Payments
When was Precision Payments founded?
Precision Payments was founded in 2009.
Where is Precision Payments located?
Precision Payments is headquartered in Sarasota, United States. It is registered at Sarasota, Florida, United States.
What does Precision Payments do?
Precision Payments was founded in 2009 in Sarasota, United States, and functions as a provider of merchant payment services. Various solutions are offered, such as point-of-sale acceptance, merchant cash advances, payroll processing, digital marketing, and online card acceptance. Operations center on supporting financial and operational requirements for merchants within the payments sector.
Who are the top competitors of Precision Payments?
Precision Payments's top competitors include Worldpay, Adyen and Euronet Worldwide.
What products or services does Precision Payments offer?
Precision Payments offers Credit Card Processing, POS Systems, Cash Discount Program, ISO/Agent Program, and Software Partner Program.
Who are Precision Payments's investors?
Precision Payments has 1 investor. Key investors include Celero Commerce.