Edps
“Can a merchant payment processor expand recurring revenue by layering proprietary working-capital products (Quicken Capital) on top of its existing merchant relationships?”
HQUnited States
IndustryFintech / Payments
The story
Electronic Data Payment Systems operates as a merchant services and payment processing company. It has extended its product suite beyond payment acceptance to include merchant funding via its proprietary Quicken Capital program, offering cash advances repaid through daily or monthly sales deposits — a model typical of merchant cash advance providers serving SMBs.
Last 12 months
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The stack
4 layers disclosed in Edps’s embedded-finance stack
Payments / PSP
Electronic Data Payment Systems (self-operated)
Banking / BaaS
in the full report
Lending
in the full report
Sponsor bank
in the full report
Accounting gap: none
3 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.