Circumtec and LQpay are both in the Financial Services category. Circumtec appears on bank statements in more ways (5 variations).
Circumtec is an Australian payment technology company that provides cashless payment processing for unattended equipment such as self-service car washes, laundromats, vending machines, dog washes, and amusement machines. Charges from car wash locations may appear on statements with descriptors like “Circum Wash Mentone” or similar variations.
LQpay is a healthcare-focused payment technology company that provides integrated credit card and digital payment processing for medical, dental, and veterinary practices. The descriptor “LQ MERCHANT DEPOSIT” typically refers to funds LQpay is depositing into a merchant’s bank account, not a consumer purchase charge.
| Aspect | Circumtec | LQpay |
|---|---|---|
| Number of statement variations | 5 codes | 1 codes |
| Category | Financial Services | Financial Services |
| Typical code format | numeric codes, avg 52 chars | avg 19 chars |
| Location in code | Often included | Rarely included |
| Average code length | 52 characters | 19 characters |
| Website | circumtec.com.au | lqpay.ai |
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