Park Place Payments

Park Place Payments is a women-owned fintech company founded in 2018, specializing in merchant payment solutions and financial services for small and medium-sized businesses (SMBs).

The company utilizes a community-based direct sales force, primarily composed of over 1,500 account executives, most of whom are women. This unique "sales-force-as-a-service" model allows them to effectively serve local businesses, such as yoga studios and hair salons. The company offers a wide range of payment processing technologies, including countertop and mobile terminals, POS systems, payment gateways, and e-commerce shopping carts. They also provide a proprietary analysis service called Payment CheckupTM to optimize account performance. Park Place Payments emphasizes transparency with a single rate card and no hidden fees, earning recognition for its client-focused approach. In April 2023, the company became a wholly owned subsidiary of Logiq, further enhancing its capabilities in the payment processing industry.