CardConnect Wins SmartCEO’s Future 50 Award!
CardConnect is pleased to share that we were featured as one of SmartCEO’s Future 50 award winners for 2015! The Future 50 Awards recognize 50 fast-growing, mid-size companies in the region.
From SmartCEO:
Growth Credited to Transparency
As a leading provider of secure payment processing and technology services, CardConnect has seen rapid growth. President and CEO Jeff Shanahan credits this growth to a combination of strategic acquisitions and technological innovation. CardConnect expanded quickly by acquiring nine companies to increase scale, cash flow and geographic reach. Through its acquisition of Princeton Payment Solutions in 2012, and with it, the firm’s gateway and Fortune 500 clientele, CardConnect transitioned from reselling into providing its own payment technologies.
Quick Tip: “Even with a great education, there is still everything to learn.”
CardConnect was founded with a desire to repair the lack of transparency and trust prevalent throughout the payment processing industry. Merchants entrust their processor with sensitive customer payment information, and breaches undermine a processing company’s reputation. CardConnect takes that responsibility seriously. Recently, CardConnect has been awarded two patents for securing confidential information through tokenization. It was also awarded a contract for the Social Security Administration’s payment acceptance needs. In the next five years, as paying with a plastic card becomes antiquated, CardConnect will have a fuller product suite that allows any type of business, small or large, to use the most contemporary payment acceptance technology.
