Executive Brings Operational Expertise in Banking and Financial Services to
Biometrics Pioneer
SAN FRANCISCO, Oct. 19 /PRNewswire/ -- Pay By Touch, a leader of
biometric authentication, personalized rewards and payment solutions, today
announced that Ron Carter, credit card industry veteran and former
President and Chief Operating Officer of Verus Financial Management has
joined the company as President of Pay By Touch Payment Solutions, LLC.
Carter brings more than 35 years of experience in general management
and operations for the banking and financial services industries to Pay By
Touch. As President of Pay By Touch Payment Solutions, he will report
directly to Pay By Touch's President and Chief Operating Officer, John
Morris. In his new role, Carter will be responsible for the day to day
operations of the company's payment services divisions, which serve more
than 138,000 retail clients.
"Ron Carter is a proven leader and hands-on operator who brings deep
financial services and payment processing expertise to Pay By Touch," said
John Morris, President and COO, Pay By Touch. "We look forward to working
with Ron to make electronic transactions both more secure for consumers and
more cost effective for merchants, one touch at a time."
"I am thrilled to be joining such an innovative and dynamic company
with a growing reputation for service in the merchant community," said Ron
Carter, President of Pay By Touch Payment Solutions. "I look forward to
working with John Rogers, John Morris and Pay By Touch's world-class
management team to provide merchants everywhere with more secure and
convenient transaction solutions."
At Verus Financial Management, a company that provides credit card and
check payment processing services to small and mid-sized merchants, Carter
managed the acquisition and successful integration of six companies and
oversaw day-to-day operations as President and COO. Previously, Carter
served as Executive Vice President of Vital Processing Services, where he
was responsible for all lines of business, customer relations, sales,
operations and information technology. He had served as president of
BUYPASS Corporation, a division of Electronic Payment Services, which was
acquired by Concord in 1999.
Before becoming an executive in the card payments sector, Carter worked
in the financial institutions arena, focusing primarily on operational
functions and payment processing. He holds a bachelor's degree from the
University of Tulsa.
About Pay By Touch
Pay By Touch ( http://www.paybytouch.com ) is wowing the world one touch at a
time as the leader in biometric authentication, personalized marketing and
payment solutions. To date, the company's patented biometric services
enable 3.3 million shoppers to quickly and securely access personal
accounts using a finger scan to identify themselves, make purchases, earn
rewards and cash checks at 2,400 locations nationwide. It also provides
robust payment processing solutions for ACH (electronic checking),
card-present and card-not- present debit and credit transactions for
138,000 retail clients and manages personalized rewards programs for 130
million opt-in consumer profiles. Founded in 2002 and headquartered in San
Francisco, Pay By Touch employs 700 professionals and holds 50 patents
worldwide on secure, convenient and cost- effective transaction solutions.
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