Paysafe Continues North American Expansion with Two Senior Sales Hires

Paysafe continues to focus on its North American business in 2018, having seen the region as key to its growth prospects moving forward. In light of this strategic shift, the Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term provider has made two senior hires in its sales team, adding Gretchen Bender and Bill Ranta, per a company statement.

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Ms. Bender joins Paysafe as its Senior Vice President of Sales, ISO Agents & Direct Sales while Mr. Ranta will be appointed as the group’s VP of Sales. Both hires will be instrumental in broadening Paysafe’s market footprint in North America, which will look to grow its cards business in 2018.

Indeed, Paysafe’s payment processing business has been gaining traction in the US and Canada. With more demand than ever for cashless payments, Paysafe feels the region is key for its long-term agenda. This explains the timing of the recent hires as well, with both Ms. Bender and Mr. Ranta helping Paysafe expand on its sales capabilities.

This sentiment was echoed by Todd Linden, CEO, Payment Processing North America, Paysafe Group, who commented: “We welcome Gretchen and Bill, two well-known, and highly respected sales leaders to the Paysafe team. I’m confident they will be real assets as we continue to invest in and grow our North America Payment Processing business in 2018 and beyond.”

Ms. Bender joins Paysafe with over two decades of senior sales experience, with particular emphasis on in merchant services and the Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term space. Her penchant for developing sales teams will also be an asset in the new role. Most recently she worked at Global Payments as its Senior Vice President, US Direct Sales.

In her new role she will be tasked with expanding the group’s sales and processing business in North America.

By extension, Mr. Ranta steps into his position with a lengthy background in the e-payments space. This includes over sixteen years in the payments industry, serving in a variety of senior-level roles across several payments organizations.

Most recently he worked at Ingenico ePayments, while also working for a decade at Litl & Company. At Paysafe however, he will focus on Paysafe’s mid-market and Card Not Present sales teams.

“They are both highly customer-centric in their approach and I’m sure our customers will value their support and experience as we continue to introduce new products to meet their evolving needs,” added Mr. Linden.