Boom Commerce
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Boom Commerce Company Information
Boom Commerce, headquartered in Portland, Oregon, offers a wide array of payment processing solutions tailored for businesses of all sizes. The company specializes in mobile payment solutions with EMV chip technology and tap-to-pay devices, as well as e-commerce solutions such as hosted pay pages and dynamic settlements. Boom Commerce also provides credit card processing with transparent fees, point of sale systems with inventory and employee management, and a full suite of Clover products. Their offerings extend to custom solutions for restaurants and retail, including tablet-enabled POS systems, and solutions for quick service restaurants and hospitality clients to enhance speed, customer service, and profitability. Additionally, Boom Commerce supports mobile wallet payments, gift cards, and loyalty programs to help businesses retain customers. The company provides working capital and portfolio acquisition services, having completed over $100,000,000 in transactions since 2009 and provided over $100,000,000 in working capital to various companies. Boom Commerce has been involved in over 100 acquisitions and closed over $20 million in strategic portfolio acquisitions in the last three quarters of 2019. The company experienced significant growth from 2018 to 2019, with 74% year-over-year revenue growth and 108% EBITDA growth. Processing approximately $5.2 billion in payment volume across 20,000 clients in the USA, Boom Commerce operates a multi-bank full-service payment processing platform and markets its products through a large network of distributors. The company rebranded from National Payment Systems to Boom Commerce and is a registered ISO/MSP of Merrick Bank, South Jordan, Utah.