Start your own card payment platform in the US and take on JPMorgan Chase and Cash App
By SendPay Business · · 3 min read
In the US, cards and payment apps are how most people pay, online and in shops. Most of that money flows through a handful of names: JPMorgan Chase, Bank of America and Wells Fargo, plus apps like Cash App, Venmo and PayPal. Every one of them started as somebody's idea. Yours can be next: your own card payment platform, under your own name, with your own fees.
Who you'd be competing with in the US
The big banks, JPMorgan Chase, Bank of America and Wells Fargo, have the branches and the history. The fast-growing apps, like Cash App, Venmo and PayPal, won because they were simpler and cheaper to use. That gap is where a new brand wins: a community, a niche, a language or a type of customer the giants treat as an afterthought.
What you can launch under your own brand
A card payment platform: payment links, invoices and card checkout for businesses, under your brand and on your own domain, with the fee on every payment set by you.
How it works, in a few clicks
Pick the template closest to your idea, type your platform name and preview every page before you pay.
- Pick a template.
- Name it and choose your colours. The site changes as you type.
- Preview the finished platform, page by page.
- Verify with a selfie and pay your invoice.
- Go live on your own domain within 24 hours and invite your first users.
You set the fees, you keep them
Charge 1%, 2.9% or nothing: it's your call. On every dollar your users move, your platform earns the fee you set. Your users sign up with you, not with us.
Permissions: the honest part
The card payments behind your platform are powered by licensed partners. Depending on what your platform does and who it serves, you may also need your own registration, and serving customers in the US can bring local rules from the state and federal regulators. We tell you in writing which permissions apply to your platform before you pay, and introduce specialists who handle them. We are not licensed advisers and don't guarantee outcomes.
Build it
Create your own financial platform.
Pick a template, name it, brand it, preview every page before you pay. Your brand, your users, your fees.
Build my platform →Questions people ask
Can I really compete with JPMorgan Chase?
Not on size on day one. But you can beat any big bank on focus: a platform built for one community or one kind of customer, with a better experience and fairer fees. That's how every challenger started.
Can I call it a bank?
In most countries, including the US, "bank" is a protected word you can only use with a banking licence. Call it an account, an app or a platform. Your users still get a balance and a way to pay.
Is SendPay Business connected to JPMorgan Chase or Cash App?
No. We name them only to describe the market. SendPay Business is an independent technology company, not a bank.
What should I call my app?
Pick a short name that is easy to say in the US, has a free domain, and doesn't use the word "bank". The free name generator gives you ideas and opens your favourite straight in the builder.
Payment app name generator →How much could my platform earn?
It depends on how many users you have, how much they move and the fee you set. Put your own numbers into the free calculator to see what your platform could earn in dollar terms each month.
Platform earnings calculator →Is there a step-by-step plan I can follow?
Yes. The free launch checklist takes you from picking your people and naming your app to setting fees, going live and winning your first ten customers. Tick each step off as you go.
Digital bank app launch checklist →How do I start?
Pick a template, name it and preview every page before you pay. Your platform can be live on your own domain within 24 hours of confirmation.
Build my platform →Read next
This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. PayPal, Patreon and Substack are named as reference points only and are not affiliated with SendPay Business.