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Member News
Neistadt Named CEO/President by EMS PDF Print E-mail
Electronic Merchant Systems (EMS), a national merchant service provider, has named Dan Neistadt as Chief Executive Officer/President.  Founded in 1987 in Cleveland, Ohio, the company provides high quality credit card processing services through a full suite of industry leading processing and communication technologies.

“Naming Mr. Neistadt CEO/President was the next logical step to grow the company nationally across our targeted market segments,” said Jim Weiland, Chairman.

EMS currently supports 20 offices in leading geographic markets nationally and offers a full array of value added products and processing options.

Dan comes to EMS with over 25 years in the payment industry including serving as Executive Vice President and Manager of the Business Management Group within Key Electronic Services at KeyBank USA.  In addition to his experience with KeyBank, Mr. Neistadt has always been active within the industry.  In the past, Dan has served on MasterCard’s National and International Debit Access Committee.  He has also been active and served several terms as a board member of the Electronic Transaction Association including a term as the President of the ETA. 

"I feel honored to lead EMS,” said Mr. Neistadt. “The foundation is set for EMS to grow its business lines nationally for the benefit of EMS’ core constituencies, our merchant clients, our agent and financial institution partners, and our employees.”

Electronic Merchant Systems offers an array of merchant processing services including credit/debit card processing, eCommerce, gift and loyalty cards, and more.  For more information call 800-726-2117 or visit www.emscorporate.com.

AIRCHARGE and Sprint Team Up for Wireless Payment at Southwest Airlines Tourney PDF Print E-mail
AIRCHARGE®, a  wholly owned subsidiary of Pipeline Data Inc. [OTCBB:PPDA], recently teamed  with Sprint Nextel [NYSE:S]  to provide secure wireless payment services for Southwest Airline’s 22nd Annual LUV Classic Golf tournament to benefit Ronald McDonald House Charities in Dallas, Texas. AIRCHARGE® and Sprint Nextel paired i355 Motorola phones on the Sprint Nationwide Network with AIRCHARGE® AirPro card swipe printing devices and proprietary software to provide secure credit card transaction processing at both the Bear Creek Golf Club course, where the event was hosted, and the charity auction dinner later that evening.

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Authorize.net tops 200,000 merchant customer mark PDF Print E-mail
CyberSource Corporation says that its Authorize.Net solution has achieved another merchant milestone, surpassing 200,000 active merchants on that payment service. This milestone closely follows Authorize.Net's November 1, 2007 merger with CyberSource. With the merger, CyberSource is now one of the industry's largest providers of payment management solutions, with more than 220,000 merchants.

Authorize.Net is the small business solution for CyberSource, catering primarily to merchants that process less than $3 million annually in card volume. Founded in 1996, Authorize.Net has seen dramatic growth in its merchant base over the past few years. While it took approximately eight years for the company to surpass 100,000 active merchants, achieving that milestone in August 2004, it took only slightly more than three additional years to double that number.
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Motorola Invests in VIVOTech PDF Print E-mail
Motorola, Inc. through its Motorola Ventures strategic venture capital arm, says it has made an equity investment in ViVOtech Inc., an acknowledged leader in contactless and mobile phone payment technologies. Financial terms of the deal were not disclosed.

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Vivonet Launches Halo Community Blog PDF Print E-mail
Vivonet has launched the Halo Community Blog on the www.myhalo.com website to provide weekly advice for small to mid-sized businesses with topics that range from effective marketing to how to manage employees. The blog is designed to be one of the main sources of information for anyone looking to start a business, or improve their existing one.

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