Every processor.
Graded on evidence.

Transbank

Platform / Acquirer

B

Transbank is Chile's largest card acquirer, which traces its origins to a company a group of banks set up in 1989 and is still owned by banks. Its biggest shareholders are Banco de Chile, Banco Santander-Chile and Scotiabank Chile. It signs merchants directly under its own Visa, Mastercard and American Express acquiring licences, and it sells card terminals, the Webpay online checkout, Oneclick stored-card payments and free payment links. Its tariff page lists 2.29% on credit cards and 1.49% on debit and prepaid cards, plus IVA, for merchants that join from 1 September 2026. Two help-centre articles still quoted 2.35% and 1.75% in October 2026, so confirm the rate in writing. Existing merchants are priced differently. Debit sales made before 2pm on a business day are paid the next business day, and credit sales a day later. The contract has no fixed term and either side can end it on 30 days' notice. For most of its life Transbank's pricing was regulated. Its acquiring margin was freed in January 2026, after the Supreme Court upheld a 2025 competition-tribunal ruling and the competition authority confirmed Transbank's share of acquirer processing, by number of transactions, had been below 50% for six months. Its record includes a 2024 fine from the financial regulator and several lawsuits from large merchants and payment companies over fee increases.

Pesapal

Payfac / Aggregator

B-

Pesapal is a Nairobi payments company, founded in 2009, that lets businesses in East and Southern Africa accept Visa, Mastercard and American Express cards and mobile money such as M-Pesa. It sells online checkout (API, plugins, a hosted payments page, payment links and e-invoices), Sabi card terminals, the Rack point-of-sale and inventory system, a bulk payout tool called Openfloat, and merchant loans. The Central Bank of Kenya has licensed Pesapal Limited as a payment service provider since June 2021, and the company says it is also regulated in Uganda, Tanzania, Rwanda and Zambia. Its site also has Malawi and Zimbabwe pages. Each business signs a merchant agreement with Pesapal itself. Its takings sit in a trust account and are paid out to a local bank account when the business asks; Pesapal's help pages put that at 48 hours to 3 working days. The main weakness for a buyer is price: as of October 2026 Pesapal publishes no merchant rates. Its old pricing page is gone, and its own FAQ links to a pricing page that does not exist. KCB Group, Kenya's largest bank, has agreed to buy 22.23% of the company, subject to regulatory approval. Pesapal's Trustpilot profile is small and very negative, and most complaints are about withdrawals that are delayed or held.

Openpay

Payfac / Aggregator

B-

Openpay is a Mexican online payments company founded in Querétaro in 2013 and part of the BBVA Group since 2017. BBVA signed the agreement to buy it on 23 December 2016 and announced the closing, at its Mexican bank BBVA Bancomer (now BBVA México), on 24 April 2017. It lets a business take cards, SPEI bank transfers and cash payments at more than 30,000 shops through its own Paynet network, from one checkout, payment link or API integration. Its prices are published. As of October 2026 domestic Visa, Mastercard and Carnet cards and American Express cost 2.9% + MX$2.50 + IVA. International Visa and Mastercard cards cost 4.10% + IVA, SPEI transfers MX$8.00 + IVA, and cash payments 2.9% + MX$2.50 + IVA. Interest-free instalments (meses sin intereses) add a surcharge of 4.8% to 13.8%, depending on the term. There is no monthly fee and no fixed contract term. Openpay works as an aggregator: it collects your sales into an Openpay balance and pays the balance out weekly, on the weekday you choose. Card sales become available to pay out one business day after the sale, and Amex and cash sales after three. The terms are firmly on Openpay's side. It can hold all or part of your balance for up to 540 days, makes you liable for chargebacks for 540 days, and charges 3% a month interest on unpaid chargeback debts. It can also refuse or close an account without giving a reason. BBVA also sells Openpay to its own customers as Zona de cobro, a separately priced product run through the BBVA app.

Network International

Platform / Acquirer

B-

Network International is a Dubai-based payments company. It acquires card payments for merchants in the UAE through its own N-Genius POS terminals, SoftPOS apps and the N-Genius Online gateway, and it processes cards for banks across the Middle East and Africa. The company was set up in 1994 as a subsidiary of the bank group now called Emirates NBD. It listed in London in 2019, was taken private by a Brookfield-led group on 17 September 2024, and merged with the UAE payments company Magnati on 1 October 2025. Network said then that the two brands would co-exist for the time being, and Network International is still sold under its own name as of October 2026. Merchant pricing is not published: you get a quote, and the merchant agreement adds fees on top of the per-transaction rate, such as terminal rent, a minimum-volume fee for months with card sales of AED 20,000 or less and a fee for daily statements. All fees are charged plus 5% VAT. The UAE merchant agreement (February 2025 version) is strict. It runs for 36 months, renews automatically for another 36 unless you give three months' notice, makes Network your exclusive provider, and charges a business that leaves early at least AED 25,000. Network can also hold settlement funds for up to 540 days after delivery or termination. The product range is broad and support runs 24/7 in the UAE. However, all 22 Trustpilot reviews are one-star, and they mostly describe hidden charges and held funds.

Pricing clarity

2.0

Feature set

4.5

Ease of use

3.5

Coinbase Business

Payfac / Aggregator

B-

Coinbase Business is the crypto business account from Coinbase, Inc., and since 31 March 2026 it is how a merchant accepts crypto through Coinbase. Coinbase Commerce, the self-custodial checkout Coinbase ran from 2018, was folded into it and its portal closed on that date. Coinbase Business takes stablecoins only: customers pay in USDC on Base, Ethereum, Polygon, Optimism, Arbitrum and (per the product page) Avalanche, or in USDT on Ethereum, and the money lands as USDC in a custodial account that Coinbase holds for you, usually within seconds. There are payment links, invoices, a Checkouts API with refunds, and payouts. Stablecoin payments are final, so there are no chargebacks. You can hold USDC and earn a variable reward, listed at 3.60% APY in October 2026, or convert it to dollars and withdraw to your bank. As of October 2026, only businesses with a legal entity in the US or Singapore can open an account. The biggest weakness is price. Coinbase announced a 1% fee on payment links in October 2025 and keeps 1% for merchants who moved over from Commerce, but its public pages now say only that a fee applies to each completed payment and that you must sign in to see it. Converting USDC to dollars automatically also costs an unpublished fee. Coinbase can close an account at its sole discretion without giving a reason.

Asaas

Payfac / Aggregator

B

Asaas is a Brazilian billing and payments platform for small businesses and self-employed sellers, based in Joinville, Santa Catarina. It lets a business issue charges by Pix, boleto and card, send payment links, run subscriptions and instalment plans, chase late payers and issue service invoices from one free digital account. There is no monthly or setup fee. As of October 2026 its standard prices are R$1.99 per Pix or boleto payment received and R$0.49 + 2.99% for a single-payment credit card charge, rising to R$0.49 + 4.29% for 13 to 21 instalments. New accounts get lower prices for their first three months. The catch is timing: card money arrives up to 32 days after the sale, and each instalment arrives 32 days apart, unless you pay to anticipate it. Card anticipation costs 1.25% a month on single payments and 1.70% a month on instalments, subject to credit approval. Asaas has been a Banco Central do Brasil-authorised payment institution since June 2021, and a sister company in its group holds a finance company (SCFI) licence. It is not itself a card acquirer: card payments run through acquirers behind it, with Asaas holding the merchant relationship. It is founder-led and backed by BOND, SoftBank and others. Its Reclame Aqui rating is Ótima (great), but recent complaints centre on blocked accounts and withheld balances.

Paysera

Payfac / Aggregator

B-

Paysera is a Lithuanian electronic money institution, run from Vilnius, that combines a business payment account with online payment collection (Paysera Checkout), in-store card acceptance through its Paysera POS cash register, and an event ticketing platform. Its contracting company, Paysera LT, UAB, has held electronic money institution licence No. 1 from the Bank of Lithuania since 27 September 2012; the company says its story began in 2004. Pricing is published in full on its Lithuanian fees pages, in euros. As of October 2026, online card payments with EU-issued consumer cards cost 1.45% falling to 1.25% with volume, with a €0.15 minimum. Bank payments through Checkout Modern carry no Paysera commission in Lithuania, Latvia and Estonia, and Checkout Classic bank-link payments cost 0.50% to 0.90% with a cap per payment. A business account costs €5 a month in most SEPA countries. There is no fixed contract, but card income is held in full for three days and 5% is kept for three months. Card processing is resold through a partner acquirer (the current terms name Adyen as an example). The Bank of Lithuania lists eight sanctions against Paysera LT, including a €370,000 anti-money-laundering fine from 2020 that Lithuania's top administrative court upheld in March 2026, a €400,000 fine in September 2025 and a €362,000 periodic fine in June 2026.

HyperPay

Gateway / Orchestration

B-

HyperPay is a payment gateway headquartered in Riyadh, Saudi Arabia, that lets online businesses in Saudi Arabia and several other Arab markets accept cards, wallets and local payment methods through one integration. Its gateway supports mada, Visa, Mastercard, American Express, Apple Pay, STC Pay, UnionPay, Tabby, Tamara, SADAD and PayPal, according to its own site. The business began in Amman, Jordan, as Gate2Play, founded by Muhannad Ebwini, who still runs it; HyperPay says it has processed online payments since 2014. It is backed by investors including Mad'a Investment Company and Mastercard, which led its $36.7 million round in 2022. In January 2025 the Saudi Central Bank (SAMA) licensed its Saudi entity to provide payment services through an electronic wallet, and HyperPay says it holds Saudi Payments certification as an eMSP payment gateway for mada. HyperPay publishes no prices: its FAQ says pricing depends on your country of registration and sends you to its sales team. Its own payments page says it refers each merchant to a partner bank to open the merchant account, and its FAQ says settlement follows that merchant agreement with the acquiring bank. No merchant terms, settlement times or fee schedules are public, and there is very little independent merchant feedback to judge service by.

Pricing clarity

2.0

Feature set

4.0

Ease of use

3.0

Culqi

Payfac / Aggregator

B-

Culqi is a Peruvian card-acceptance brand for small and mid-sized businesses, sold through POS terminals (CulqiFull), an online checkout (CulqiOnline) and payment links (CulqiLink). Credicorp's Grupo Crédito bought 91.36% of it in January 2019 and now owns all of it, and since 2026 Culqi presents itself as part of Banco de Crédito del Perú (BCP): its merchant contracts are now signed with BCP itself, acting as payment facilitator or acquirer. As of October 2026 the published list rates are 3.44% for Peruvian cards and digital wallets on the POS, 3.99% for foreign cards, and 3.44% + US$0.20 for Peruvian cards online. The pricing page says the commissions are not subject to IGV and vary with sales volume. There is no monthly fee, and online sign-up costs nothing; POS terminals are bought outright from S/85 to S/319 depending on model, tax ID type and bank. POS sales made before 4 p.m. are paid out the same evening at selected banks, with weekend and holiday payouts only into a BCP account, for a fee unless a promotion waives it. Online sales pay out in two business days. The contract has no fixed term and either side can end it on 15 days' notice, but it lets BCP hold unpaid funds for up to 90 business days during an investigation and change fees on seven days' notice; a separate BCP acquirer contract allows holds of up to 180 days. We found no regulatory action naming Culqi, and little independent review data.