About Us

Home/About Us
About Us 2019-06-24T15:42:07+00:00

Bank Transactions, Inc. is a direct Visa® and MasterCard® credit card processor. We serve the payment needs for merchants, sales organizations, financial institutions and government agencies. Bank Transactions processes credit and debit cards, gift and stored value cards, check transactions, and ACH payments. Bank Transactions serves the following industries: retail, restaurant, c-store/ petroleum, grocery stores, hotels, and internet payment processing environments. We are a single source payment processor.

Bank Transactions is committed to providing a high level of service for our customers. Our entire staff is dedicated to delivering our merchants unparalleled service. Specifically, there will always be a personalized agent to handle any issues. This is where Bank Transaction’s difference can be most notably experienced.

Our cutting edge technical knowledge allows us to work with complex payment processing environments; POS computer systems, multi-lane environments, and proprietary software programs. Additionally, our payment services may be transacted via satellite communication services and/ or internet communication services. Many times, Bank Transactions is able to find solutions to complex situations and deliver solutions quickly and affordably.

Bank Transactions, Inc. is a direct Visa® and MasterCard® credit card processor. We serve the payment needs for merchants and merchant associations. More
Bank Transactions, Inc. serves independent sales organizations. Our extensive knowledge, competitive pricing and cutting edge products equal more sales and higher margins for your sales office. More
Bankers know customers will do business with the financial institutions that can deliver the products they need. More

Get a Cash Advance for Your Business!

In today's economy, obtaining a small business loan can be a slow and difficult process.

Get In Touch

Phone: 800.928.2237

Fax: 858.866.4262

  • Fed’s Vice Chair Tells Banks: Digital Dollar Won’t Cut You Out
    A federally issued digital dollar will not cut banks out of the banking system. If there was one key point that the Federal Reserve’s new vice chair, Lael Brainard, was determined to make in her testimony at the House Financial Services Committee’s Thursday (May 26) hearing on the benefits and risks of a U.S. central […]
  • Today in B2B: B2B Payments Embracing Consumerization as COVID-19 Pandemic Wanes; CRIF Teams with Penny for Instant UK SME Invoice Payments
    Today in B2B payments, partners offer more reliable payments than discounts in the B2B sector while Dallas Venture Capital closes $80 million fund for tech startups. Plus, Emiza raises $4.8M for supply chain services, corporate customers present more money management frictions than typical consumers and Paystand now offers automatic billing on its blockchain-based B2B platform. […]
  • Prescription App Provider Ranking Sees Just a Tincture of Change
    Providing a monthly dose of new scores and rankings, PYMNTS’ Provider Ranking of Prescription Apps will help you find what the doctor ordered. As with the rankings of apps in other categories, this one assigns scores based on such factors as channel coverage, up-to-date downloads, monthly average users, sessions per user and average session length. […]
  • Velo, EvryNet Building CeDeFi Platform Through Merger
    Blockchain infrastructure company Velo Labs, which focuses on international remittances, and financial services platform EvryNet are looking to build what they consider the future of centralized decentralized finance (CeDeFi) through a strategic merger in a joint press release Thursday (May 26). Velo Labs is developing a blockchain-based global settlement network to provide cross-border payments to […]
  • Tourism-Centric F&B Businesses Adopt Frictionless Payments to Accommodate Seasonal Rush
    While some bars and restaurants operate on a year-round model, expecting some seasonal variation but more or less working the same way from month to month, those that rely on seasonal tourism rushes have a unique set of challenges to which they need to adapt. In the months that account for nearly the entire year’s […]
  • The Real Small Business Funding Demand Has Yet to Kick In
    Now that small and medium sized businesses received crucial PPP and EIDL funding during the COVID-19 pandemic, they have become more familiar with other options to obtain capital. “…they’re learning that they can borrow money based on their revenue, not based on their credit and assets,â€� stated Sean Feighan, Co-founder and President of Cash Buoy. […]
  • Connecticut Commercial Financing Disclosure Bill Didn’t Make it Through
    In an era where it has become almost fashionable for states to introduce commercial financing disclosure laws, the bill proposed in Connecticut this past March did not make it through. Its first draft was rough, freely using ambiguous terminology like “double dipping” which was clearly drawn from an original draft presented to the New York […]
  • DoorDash Capital Warrants No Mention in Latest Report
    Readers interested in hearing the results of DoorDash’s foray in to MCA funding were keenly disappointed by the last earnings call. It didn’t even come up. The product was formally announced by DoorDash on February 9th. At the time, the company said that it was offering DoorDash merchants MCAs through a partner company named Parafin. […]
  • IOU Financial Was Profitable in Q1
    IOU Financial may have originated $59.6M in small business loans in Q1, but the company also managed to do it profitably. Specifically, IOU recorded net earnings of $1.1M in Q1 2022 compared to a $100,000 net loss over the same period the year prior. “IOU Financial continues to deliver on its promise to stakeholders by […]
  • Prosper Marketplace Receives Full Forgiveness of Its SBA Loan
    Three months after the SBA told a Sioux Falls small business lender that it wasn’t eligible for PPP loan forgiveness because it was involved in lending, the same agency approved full forgiveness for one of the nation’s largest consumer lending businesses, Prosper Marketplace. “On March 21, 2022, we were notified by the SBA that all […]