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Merchant Service Company Becomes Independent: Payex is Born
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Friday, March 14, 2008
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Due to their continued growth Payex, a Columbus, OH based company formerly operating as Card Payment Systems, was able to gain its independence as a registered ISO with Visa and MasterCard. A registered ISO (Independent Sales Organization) undergoes a thorough examination by both Visa and MasterCard and, if approved, is then able to operate under their own brand name. Company President, Douglas J. Mack said “After being in this industry since 1995, this is very exciting and I really look forward to our future growth. Some take this step much earlier in their career. I wanted to wait until we could fund our own growth—no investors and debt free. In the Ohio area, there are a number of sales agents or employees for other ISO’s, but only a handful of true ISO’s. There’s a lot of change taking place in our industry and it’s the perfect time to expand.” Payex will continue to provide the most recent, and best, technologies and services to merchants nationwide as the payment solutions expert.
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Read Entire Article on PR.com
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