Trusted Partner For Public Sector Payments

How We Can Help
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Need A Vendor?

Submit an RFP or ITB to have Magothy Payments be your preferred vendor for your payment processing needs. We are a fully registered ISO and have all the necessary capabilities. Click anywhere in this box, or the button below, to see the solutions we provide to government and higher education.


At Magothy Payments, transparency is built into our DNA. This means the language used in contracts is extremely important to us. If you are in the process of writing a contract and need to ensure the verbiage is protecting your entity and the people you serve, we would love to help!

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In The Community

Minority Owned

We are proud to be an MDOT Certified MBE/DBE/SBE for 5+ years and counting. We also think it’s worth mentioning that while there are more than 1,400 ISO’s in the country, less than 10 are owned and operated by an African-American, which puts us in an elite company.

Community Centered

Unfortunately, a few bad apples in the payment processing space have given the entire industry a bad reputation. One of the reasons Magothy Payments exists is to restore honesty and transparency to the industry. One of the ways we have done this is with the Maryland House Bill 777. Learn more about it, here!

We’re ETA Certified!

The ETA is the leading trade organization for the payment processing industry.  It’s where payments and technology intersect.  With over 500 members worldwide, including all the major card brands and banks, the ETA provides many helpful resources as well as a platform for collaboration that propels the industry forward.  Their Certified Payments Professional certification is the gold standard for industry ethics and education – a certification that very few payment professionals hold. Our CEO, Jaron Rice, is one of only nine Certified Payments Professionals in the state of Maryland.