MiCamp Solutions Pioneers Game-Changing Payment Solutions Products

One of the fastest-growing and cutting-edge financial technology companies in the United States, MiCamp Solutions recently introduced its newest offering, which includes the game-changing Mi-Payment Choice and a unique gateway.

Founded in 2007, and recently named to the Inc. 5000 for the third year in a row (#1,328), MiCamp Solutions currently processes $9 billion in payments annually and has over 17,000 clients.  A Top 5 Fiserv ISO and Fiserv Chairman’s Circle member, the global company offers disruptive processing platforms and machine learning algorithms to reduce fraud and increase compliance while simultaneously offering seamless and robust payment solutions.  Keeping with the growth theme, the company is also active with mergers and acquisitions in the Fintech space, completing 24 acquisitions in the last two years, with more on the horizon.

The company began small, launched by Micah Kinsler, with the objective of making a difference for the customers it works with, and is now run by Kinsler, CFO Phil Hoolehan, and COO Gary Jeppesen. With both the client and customer in mind, MiCamp Solutions has grown to offer a wide range of cutting-edge payment solutions at competitive rates—including a robust high-risk division with 22 sponsor banks outside of Wells Fargo.

MiCamp’s complex integrations blanket not just the gaming industry, including the World Series of Poker, but also dental practices, auto dealerships, and many more. “The client never has to worry, knowing that we are always compliant and secure across any industry,” says Kinsler.

MiCamp is also a premier provider of custom and proprietary financial technology software applications for businesses worldwide.  Its proprietary WAVit software allows merchants to drastically reduce their credit card processing fees, lowering operating costs and improving profit margins.  Instead of paying a percentage of every transaction in fees, with WAVit, merchants can offer their customers a cash price. If the customer chooses to instead pay with a credit card, a fee is added to the transaction—leaving the merchant to receive the actual amount of the item purchased.

Never being one to rest on his laurels, Kinsler is now taking MiCamp to its next stage of business evolution.  “We’re becoming an FSP with two sponsor banks that are truly technology-focused.  These sponsor banks are not working with another ISO or FSP today,” Kinsler says. “We will handle all of our risk, underwriting, and compliance functions in-house. This gives us ability to underwrite and sign-up merchants and ISVs in a more thoughtful and streamlined manner.”

MiCamp has recently launched Mi-Payment Choice, a white label, optimized and forward-thinking gateway offering merchants the ability to take advantage of all traditional and non-traditional forms of payment.  In addition to everyday credit, debit, gift/loyalty, EBT, and e-check/ACH payments, Mi-Payment Choice has introduced their newest tender types using QR Codes such as Venmo, PayPal, WeChat Pay, AliPay, China UnionPay, and via SMS text messaging and email.  By end of the year, Mi-Payment Choice plans to add Crypto Currency, Zelle and Consumer Finance options as well.  As other alternative payment tenders become relevant, they will also be considered for addition to the Mi-Payment Choice platform.

With the gateway, merchants can take advantage of offering a branded, localized version of the gateway UI, or can utilize fully customizable hosted payment pages to facilitate payments from their customers.  Additionally, merchants can use recurring payments and a full API suite to integrate with any of their back-office systems.  The gateway also offers full support for Level II and III processing to reduce processing costs and lower interchange fees.

“We imagine a world where a customer goes into an establishment asking what form of payment do you take and the reply is any form of payment you can make,” Kinsler says.  “The technology we’re innovating is cutting edge. We believe we are ahead of the curve and nobody will catch us for at least five years.”