JetPay Corporation
JTPY
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Address
- IPO Date
- Aug 10, 2011
- CIK
- 0001507986
- Similar Companies
- Business
- JetPay Corporation (JTPY) provides debit and credit card processing, payroll, human capital management (HCM), and prepaid card services to businesses and their employees primarily in the United States. The company operates through two segments—Payment Services and HR & Payroll Services—offering debit and credit card processing, automated clearing house (ACH) payment services for Internet transactions and recurring billings to small- and medium-sized businesses as well as larger entities; HCM solutions including payroll processing, tax filing, time and attendance tracking, HR management, and related services; transaction processing features such as end-to-end encryption, tokenization, high-speed network authorization, batch processing, gift cards, fraud protection, and website or payment application integration; the MAGIC payments gateway for real-time merchant solutions; and low-cost money management via prepaid debit cards for unbanked and under-banked employees. Founded in 2010 and headquartered in Allentown, Pennsylvania, JetPay Corporation changed its name from Universal Business Payment Solutions Acquisition Corporation in August 2013 and operates as a subsidiary of NCR Corporation following NCR's acquisition in December 2018 for approximately $184 million. The company targets small- and medium-sized employers, merchants handling card-not-present transactions, and financial institutions, with distribution through independent sales organizations, industry associations, and banking channels. In recent years, JetPay has maintained stable operations under NCR, reporting quarterly revenue of $15.24 million in August of an earlier period and demonstrating positive credit momentum through credit spread tightening, though no major new acquisitions, partnerships, funding rounds, or product launches have been publicly announced within the last 1-2 years.