Welcome to Banpago
Payment Systems

We have a client that was sending out over 100,000 physical checks per month to consumers throughout the U.S. Their banker suggested that the get the banking coordinates for each consumer and send out the payments via ACH.  When this company requested this information, the majority of the consumers declined for security reasons.  We looked at the opportunity and demonstrated our Echeck which is an instrument that is emailed to the consumer.  An echeck is simply a check that arrives at a computer, is printed and deposited at the consumer's bank. This company sends a batch file each night and the consumer is notified they have been paid and securely downloads their payment.  This company has eliminated over 93% of their physical checks and converted these accounts to echecks.  The system was implemented by the company in four weeks and their costs were reduced by over 95% while their measured customer satisfaction went up by the same amount. The Banpago echeck translates to instant payments, reduced costs and improved customer satisfaction. Echecks via email are available for complete in-house corporate processing on your own systems or can be outsourced to us for immediate batch processing.

Corporate payment systems are changing rapidly as new payment technology and new banking practices evolve. At Banpago, we work very closely with the banks and their regulators to deliver solutions to our clients to better address their changing needs.  Our first job is consulting.  We first need to understand the customer requirements before we can develop a solution.  This might seem obvious but a lot of organizations believe that one size fits all. We work hard for our clients and it shows. 

One of the largest telecom companies in the world had trouble consolidating billing for its customers.  In some cases, their larger  multi-national customers with many locations were receiving 300 - 400 invoices per month which made it very difficult to validate and pay.  Banpago developed a system to consolidate these invoices every month, collect the funds and make the payment on-time and at no cost to either party.  Our solution solved a big problem for our client and their customers and significantly reduced costs for both parties.  Banpago is compensated indirectly based upon the volume of transactions processed.

Direct marketing companies have unique needs for credit card processing to accept ongoing orders while growing their membership that needs to be paid on a timely basis for their sales.  Banpago has developed complete payment systems that grow with the company both domestically and internationally. Talk to us about our fully integrated credit card processing and member payment systems that delivers all of the financial services to enable high volume growth without the banking risks.

The legalization of medical and recreational marijuana sales have brought many financial challenges to this industry.  Banpago was challenged by companies in this industry to assist them in their pursuit of banking relationships.  Because federal and state cannabis laws differ, all merchants in this field are having difficulty obtaining a normal banking relationship. Banpago has worked with a few banks to help de-risk this type of business and can assist merchants in obtaining and maintaining these banking relationships.  While banking is of number one importance to cannabis merchants, this single relationship does not solve the cash only issue that is prevalent because these companies can not accept credit cards.  We also have partners that can supply complete in-store credit card processing systems at reasonable rates and with full access to funds without prolonged holding periods.  By supplying a bank account and a merchant account, Banpago is eliminating the need to manage bulk cash transactions while increasing security and significantly reducing the costs of doing business.