Insights

MDOT Certified Magothy Payments is the only registered MSP/ISO in Maryland that is MDOT Certified Minority Business Enterprise, presenting a strong differentiator for government and minority-focused procurement opportunities.

Cost Reduction Focus The company emphasizes lowering clients’ cost of credit card acceptance and reducing payment reconciliation time, signaling a value proposition that can be leveraged to upsell to merchants seeking operational efficiency and lower processing fees.

Elavon Partnership As an Elavon partner and registered MSP/ISO, Magothy Payments can position co-selling opportunities, bundled solutions, and access to Elavon’s large merchant base to accelerate pipeline growth.

Tech Stack Modern Utilizing AWS, Drupal/WordPress, Cloudflare, and other modern tools indicates capacity for scalable, secure payment solutions and potential to offer managed hosting, security services, or integrations to clients with digital payment needs.

Revenue Size & Growth With approximate revenue in the mid tens of millions and a lean team, Magothy Payments may be open to partner-led growth, channel recruitment, or white-label arrangements to expand reach without major headcount increases.

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Magothy Payments Tech Stack

Magothy Payments uses 8 technology products and services including Amazon Web Services, Drupal, WordPress, and more. Explore Magothy Payments's tech stack below.

Magothy Payments's Email Address Formats

Magothy Payments uses at least 1 email format:
Magothy Payments Email FormatsExamplePercentage
FLast@magothy.bizJDoe@magothy.biz
100%

Frequently Asked Questions

What is Magothy Payments's official website and social media links?

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Magothy Payments's official website is magothy.biz and has social profiles on LinkedIn.

How much revenue does Magothy Payments generate?

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As of November 2026, Magothy Payments's annual revenue is estimated to be $10M - $25M.

What is Magothy Payments's SIC code and NAICS code?

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Magothy Payments's SIC code is 8721 - Accounting, Auditing, and Bookkeeping Services and NAICS code is 52 - Finance and Insurance.

How many employees does Magothy Payments have currently?

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As of November 2026, Magothy Payments has approximately 5 employees across 1 continents, including North America. Key team members include Chief Executive Officer: J. R., Chief Executive Officer: E. J. R. and Chief Executive Officer: J. J. Explore Magothy Payments's employee directory with LeadIQ.

What industry does Magothy Payments belong to?

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Magothy Payments operates in the Financial Services industry.

What technology does Magothy Payments use?

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Magothy Payments's tech stack includes Amazon Web Services, Drupal, WordPress, Microsoft 365, Webflow, WP Engine, Cloudflare Bot Management and AddThis.

What is Magothy Payments's email format?

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Magothy Payments's email format typically follows the pattern of FLast@magothy.biz. Find more Magothy Payments email formats with LeadIQ.

When was Magothy Payments founded?

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Magothy Payments was founded in 2014.
Magothy Payments logo

Magothy Payments

Financial ServicesMaryland, United States2-10 Employees

Magothy Payments is a Maryland-based financial services company focused on merchant services. The firm helps businesses reduce costs associated with credit card acceptance and streamline payment reconciliation, contributing to improved profitability and operational efficiency for its clients. Based in Severna Park, the company identifies its market among businesses seeking more favorable payment processing arrangements and easier payment management.

Operating within the payments industry, Magothy Payments positions itself as a locally focused provider with a stated distinction as Maryland’s MDOT Certified Minority Business Enterprise and as an Elavon Payments Partner and registered MSP/ISO of Elavon, Inc. Georgia. The organization notes its role as a registered ISO within Elavon’s network, aligning with established card processing infrastructure while serving a smaller client base. A recent development noted is the partnership status with Elavon, reflecting formal alignment within a major payments ecosystem.

Section iconCompany Overview

SIC Code
8721 - Accounting, Auditing, and Bookkeeping Services
NAICS Code
52 - Finance and Insurance
Founded
2014
Employees
2-10

Section iconFunding & Financials

  • $10M - $25M

    Magothy Payments's revenue is estimated to be in the range of $10M - $25M

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