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Aurora Payments

Highlights

Meeting the Cashless Shift

Aurora Payments delivers tailored payment hardware and software for modern retailers adapting to a rapidly growing cashless economy.

Secure Connectivity with Soracom VPG

Soracom’s Virtual Private Gateway ensures payment data travels securely and reliably, meeting the strict demands of financial transactions.

Scalable Growth

Serving over 23,000 merchants and processing $10 billion annually, Aurora Payments is expanding into new markets with comprehensive payment solutions.

In 2018, credit and debit cards overtook cash as the most common form of payment worldwide, a trend accelerated by the Covid-19 pandemic. Across markets like the US, UK, Australia, and Canada, cashless payments have more than doubled, with the UK seeing a drop in cash transactions from nearly half in 2019 to just 17% in 2020.

For merchants, this shift places electronic payments and point-of-sale (POS) systems at the center of retail operations. The global payment processing market is projected to surpass $147 billion by 2027, creating demand for secure, adaptable, and complete payment solutions.

“When dealing with people’s money, security is a must. Soracom provides that extra layer of security we need to keep our customers’ data from falling into the wrong hands.”
Derek Maxwell Aurora Payments
Derek Maxwell
Head of Enterprise Data and Automation
Aurora Payments

The Challenge: Creating Complete Payment Ecosystems

Modern retailers need more than a credit card terminal – they require end-to-end systems that integrate seamlessly with their existing operations and can adapt to industry-specific demands.

Aurora Payments identified a growing need for payment solutions that combine ease of use with robust backend support, all while maintaining security for sensitive customer data. The challenge lay in designing a platform flexible enough to serve multiple verticals, from traditional retail to industry-specific operations, while meeting strict compliance requirements.

“Our aim is to be best-in-class for vertical markets, bringing to them a solution that actually will help them run their business and do more than just payments,“ said Derek Maxwell, Head of Enterprise Data and Automation at Aurora Payments. “Where it used to be credit card terminals that did payments, now the expectation of those merchants who run those businesses is that you’re going to bring to them a more complete solution.”

The Solution: Secure, Scalable Connectivity with Soracom

Aurora Payments offers a full suite of hardware and software, from simple POS systems to advanced eCommerce platforms, ACH, and check processing capabilities. Recent initiatives focus on partnering with developers to create tailored, vertical-specific systems that can integrate with existing infrastructure and scale as the business grows.

When it came to connectivity, Aurora Payments sought a partner that could deliver reliable performance, global coverage, and industry-leading security. Soracom’s Virtual Private Gateway (VPG) met all three needs.

By configuring Soracom VPG with two fixed global IP addresses, Aurora Payments ensured that upstream payment processors could verify the source of any incoming traffic. Only traffic originating from these IPs is accepted, with all others denied – a critical safeguard for payment security.

“When dealing with people’s money, security is a must,” said Maxwell. “Soracom provides that extra layer of security we need to keep our customers’ data from falling into the wrong hands.”

Person, phone and restaurant for payment with mobile app, pos machine and bill for lunch or meal in cafe. People, service and scanning tech as customer in cashless transaction in sale for ecommerce.

The Outcome: Growth Through Trust and Technology

Today, Aurora Payments serves over 23,000 merchants across the United States, processing approximately $10 billion in transactions annually. With Soracom’s secure, scalable connectivity in place, the company is positioned to continue expanding into new verticals and markets, delivering comprehensive payment solutions that help modern retailers thrive in a cashless economy.

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