News from the Wire
Electronic Payments makes strategic growth investment in Mega Payments
Monday, October 06, 2025 — 16:07:40 (UTC)
CALVERTON, NY – OCTOBER 2, 2025 – Electronic Payments, Inc. (EPI), a powerhouse in payment processing and fintech innovations, today announced a strategic growth investment in Mega Payments, a Michigan-based merchant services leader serving more than 2,000 clients across low, medium, and high-risk industries.
The investment powers Mega Payments with enhanced processing capabilities, global reach across North America, Europe, and the UK, and access to an exclusive tech ecosystem, including Exatouch® POS, TableTurn® POS, and ProCharge®. Backed by Cygma®, EPI’s wholly-owned processor, Mega Payments also secures same-day funding, later cutoffs, and more competitive pricing for their partners. The combined strength of Mega Payments’ network and EPI’s developer-first platform creates new synergies for ISOs, agents, and merchants seeking greater control of their payments infrastructure.
Mega Payments has shattered industry norms with its transparent membership-based pricing—saving businesses $400+ each month—while eliminating long-term contracts and added fees. Serving industries from apparel and home goods to nutraceuticals and tobacco products, the company delivers customized solutions for card acceptance, ACH/eCheck, fraud prevention, merchant funding, and chargeback management.
Michael Nardy, Founder and CEO of EPI, stated, “Mega Payments exemplifies the forward-thinking, merchant-centric model that has defined EPI for 25 years. Their unique membership pricing and ability to support diverse risk categories sets them apart. Together, we’re poised to deliver even greater value to more markets.”
Mega Payments CEO, Jianni Jeberaeel, added, “This partnership fast-tracks our mission to improve merchants’ bottom lines. With EPI’s support and Cygma’s proprietary processing rails, we’ll scale faster, integrate deeper, and ensure clients enjoy the kind of accretive economics that fuel long-term success.”
Furthermore, Mega Payments seamlessly integrates with top eCommerce platforms and gateways such as Shopify, WooCommerce, Magento, BigCommerce, Authorize.net, and NMI, delivering a frictionless processing experience for merchants. To learn more about their turnkey solutions and secure API integrations, visit megapayments.com.
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About Electronic Payments, Inc. (EPI)
Founded in 2000, Electronic Payments Inc. (EPI) is a leading provider of payment technology solutions serving agents, ISOs, ISVs, and merchants across North America and abroad. EPI’s wholly-owned front-end authorization and back-end clearing platform, Cygma®, powers its in-house suite of technologies including Exatouch® POS, TableTurn® POS, ProCharge® Gateway, and eGiftSolutions®. With a focus on “owning the rails” and delivering processor-owned economics, EPI enables its partners and merchants to maximize long-term profitability. Visit residuals.com for more information.
About Mega Payments
Mega Payments provides custom merchant account solutions for over 2,000 businesses across the U.S., specializing in low, medium, and high-risk industries. With transparent membership-based pricing, advanced fraud and chargeback prevention, merchant funding options, and integrations with major eCommerce platforms, Mega Payments helps businesses save money, scale faster, and accept payments with confidence. Headquartered in Birmingham, Michigan, Mega Payments is committed to delivering live, personal support to every merchant. Visit megapayments.com for more information.
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Source: Company press release. 
Categories: Announcement
