Payvea

History & Background

Payvea was founded in 1999 under the former brand name ImGlobal. The company has its roots in the early days of online payments and has since pivoted to become a modern payment gateway provider. The "About Us" page on the company website states that Payvea was “established in 1999” and notes the former name. The LinkedIn company page confirms the founding year and lists the company as privately owned with 2–10 employees. The company is based in Israel, though a specific city is not explicitly listed on publicly available materials. No funding rounds, acquisitions, or major partnership announcements were found in public records.

Products & Platforms

Payvea offers a unified payment gateway platform that can be integrated via a single API. Key products include: the Payment Gateway Platform – a single API integration allowing merchants to accept payments via 250+ payment methods globally; Global Acquiring – connection to a network of international acquiring partners to process transactions in multiple currencies; High-Risk Merchant Account – specialised processing solutions for businesses in higher-risk industries such as gaming, CBD, and adult; Mobile Payments – optimised payment acceptance for mobile commerce; MOTO Merchant Account – dedicated solution for Mail Order / Telephone Order processing; Alternative Payments – support for local and alternative payment methods like open banking and digital wallets; Fraud Protection – integrated risk and fraud management tools; and Merchant Processing – full-service credit card processing and merchant account services. The company also operates a referral programme for acquirers, PSPs, and ISOs to monetise declined merchant applications by sending them to Payvea’s alternative processing network.

Compliance & Onboarding

Payvea states that it works with regulated partners and supports PCI-compliant payment processing. Onboarding typically takes a few days to a few weeks, depending on the merchant’s business model, jurisdiction, and the acquiring bank involved. The company requires completion of all compliance documentation as part of the onboarding process.

Market Position

Payvea positions itself as a reliable partner for both startups and established e-commerce brands. Its strengths include broad payment method coverage, support for high-risk verticals, and a global acquiring network. However, with only 2–10 employees, the company operates as a very small enterprise, which may limit its capacity for large-scale or enterprise-level support compared to larger competitors such as Stripe, Adyen, and Checkout.com. The company does not appear to have received external venture funding; it remains privately owned.