Great Place to Work® and FORTUNE Name REPAY One of 2017’s Best Small & Medium Workplaces

ATLANTA, Oct. 17, 2017 /PRNewswire/ — At REPAY – Realtime Electronic Payments, our growth and success wouldn’t be possible without the dedication of our employees. We’re proud of our team, and we’re excited to announce our organization has been named one of the 2017 Best Small & Medium Workplaces by Great Place to Work and FORTUNE.

REPAY earned a spot on this list based on employees’ assessments of the camaraderie, leadership, fairness, rewards and career opportunities enjoyed by all in their workplace.

“We are thrilled to be named one of the best small workplaces and are extremely grateful for each member of our team,” says John Morris, CEO of REPAY. “Our people are the best part of REPAY, and they are empowered to make decisions that will have meaningful impact on the company. The foundation of trust and teamwork allows us to build a reputation of excellence in all that we do.  Our respectful, yet fun-loving approach leads to a collaborative, high-performance environment where employees can challenge the status quo and introduce innovative ideas while feeling supported in a friendly and enjoyable office atmosphere.”

Outstanding employers – as identified by their employees – are substantially more likely to report work experiences linked to retention, innovation and good customer service, according to research by Great Place to Work. The winning organizations also are more likely than their peers to maintain a healthy organizational culture as they grow larger and more complex.

“The Best Small & Medium workplaces are laying the groundwork for future success by building trust, cooperation and leadership credibility. All of these enhance business performance and create a positive environment for doing business,” said Michael Bush, CEO of Great Place to Work.

About REPAY

Realtime Electronic Payments (REPAY) is a premier full-service provider of electronic transaction processing services for the consumer finance industry, offering a comprehensive suite of advanced payment technology products including debit and credit card processing, ACH processing, consumer-facing payment portals, and electronic bill payment systems. Visit www.repayonline.com to learn more.

About the Best Small & Medium Workplaces

The ranking was based on anonymous feedback from more than 74,000 employees working at Great Place to Work-Certified organizations. Employees completed a Trust Index™ survey with more than 50 questions assessing pride, camaraderie, executive effectiveness, innovation, benefits, professional development and other elements of a great workplace. Scores also considered organizations’ performance relative to their size and industry. Survey results from eligible companies had a 6 percent margin of error, at most, with a 95 percent confidence level.

About Great Place to Work

Great Place to Work is the global authority on high-trust, high-performance workplace cultures. Through its certification programs, Great Place to Work recognizes outstanding workplace cultures and produces the annual FORTUNE “100 Best Companies to Work For®” and Great Place to Work Best Workplaces lists for Millennials, women, diversity, industries and, internationally, countries and regions.

For the full press release, click here.

REPAY Completes $100 Million Debt Refinancing Led by SunTrust

Business Wire
3 October 2017

ATLANTA, October 3, 2017 — Realtime Electronic Payments (REPAY), a full-service provider of advanced payment technology products and electronic transaction processing services for a variety of integrated end markets, today announced the successful closing of a $100 million credit facility arranged by a syndicate of banks led by SunTrust Bank.

The refinancing strengthens and expands REPAY’s balance sheet and provides additional flexibility to pursue strategic investments and support growth.

“We are extremely pleased to complete this financing with our syndicate group, further enhancing our financial and operational flexibility. This transaction is an acknowledgment of the growth potential of our business and will allow us to continue executing on our strategic initiatives,” said John Morris, Chief Executive Officer and Co-Founder of REPAY.

Corsair Capital LLC, one of the longest-standing private equity firms focused on the financial services industry, acquired a control stake in REPAY in 2016.

About REPAY
Established in 2006, Realtime Electronic Payments (REPAY) is a full-service provider of electronic transaction processing services for a variety of integrated end markets, offering a suite of advanced payment technology products that include credit and debit cards, ACH processing, consumer-facing payment portals, bank account verification and electronic bill payment. For more information, visit www.repayonline.com.

See the full press release here.

REPAY Earns a Spot on ACG Atlanta’s 2017 Georgia Fast 40 List

Atlanta, GA, May 22, 2017—The Atlanta Chapter of the Association for Corporate Growth® (ACG), a global professional organization with the mission of Driving Middle-Market Growth®, announced the 2017 Georgia Fast 40, recognizing the top 40 fastest-growing middle-market companies in Georgia.

REPAY was recognized for its excellence in growth for the 2017 Awards.

“We are very honored and excited to be a part of the Georgia Fast 40,” says John Morris, CEO and co-founder of REPAY. “I’d like to thank our wonderful employees – everyone has worked extremely hard to maintain steady growth while ensuring we never lose sight of our values. Our focus on fanatical customer service and our high-performance, collaborative team have greatly contributed to this accomplishment.”

Applicants were required to submit three years of verifiable revenue and employment growth records, which were validated by national accounting firm and founding Diamond sponsor, Cherry Bekaert LLP. An ACG Selection Committee evaluated each application and conducted in-person interviews with all qualified applicants. All companies on the list are for profit, headquartered in Georgia and reported 2016 annual revenues ranging from $15 to $500 million.

“These 40 companies represent 9,574 new jobs and $2.03 billion in revenue growth over the last two years alone,” said Justin Palmer, chairman of the 2017 Georgia Fast 40 Awards and Vice President at Genesis Capital, LLC. “We are proud to honor these great companies in our communities.”

ACG Atlanta will present the awards at the Georgia Fast 40 Awards Dinner and Gala at Flourish Atlanta on June 22, 2017, at which more than 600 leaders in the Georgia business community will be in attendance.

To see final results, please click here.

About ACG Atlanta
ACG comprises more than 14,500 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune1000, FTSE 100, and mid-market companies in 59 chapters in North America and Europe. Founded in 1974, ACG Atlanta is one of the oldest and most active chapters, providing the area’s executives and professionals a unique forum for exchanging ideas and experiences concerning organic and acquisitive growth. Programs include Atlanta ACG Capital Connection, The Georgia Fast 40 Honoree Awards and Gala, a Wine Tasting Reception, a Deal of the Year event as well as an active Women’s Forum and Young Professionals group.

REPAY Acquires Sigma Payment Solutions

ATLANTA, Feb. 8, 2017 /PRNewswire-USNewswire/ — Realtime Electronic Payments (REPAY), a full-service provider of advanced payment technology products and electronic transaction processing services for the consumer lending industry, has acquired Sigma Payment Solutions, which offers related services in the auto finance space. Both companies will continue growing in their respective industries, now with shared technology, resources and relationships.

“REPAY had already planned to expand into auto finance, so Sigma’s established footprint and well-respected leadership in that space made this an attractive acquisition for us,” said John Morris, CEO of REPAY.

“We are also thrilled to welcome Susan Perlmutter to our team. She is highly regarded in the industry and has negotiated numerous beneficial Dealer Management System integrations for Sigma, with more on the horizon,” Morris said. “We’re excited to join forces to offer an even higher level of service to our consumer finance and auto finance customers.”

Susan Perlmutter, now Chief Revenue Officer for both REPAY and Sigma, said, “This acquisition brings greater resources to Sigma, as well as broader and deeper underwriting capabilities. It could not be a more perfect union, as each company fills a gap for the other.”

Perlmutter said Sigma’s clients have already begun to experience the benefits of the acquisition in the form of more competitive pricing. “REPAY has a direct relationship with TSYS and with REPAY’s processing partners. As a result, Sigma can now offer more customized solutions and better pricing to our customers,” she said.

Both REPAY and Sigma will continue to invest heavily in new technology to automate consumer payments 24 hours a day, seven days a week. Morris added, “We are also working hard to increase the pace by which we can integrate with loan management and dealer management systems. We believe a customer’s choice to work with REPAY or Sigma should be an easy one, because we offer true plug-and-play functionality.

Sigma will continue all its current integrations with the industry’s top DMS platforms. Customers will experience no change to their Sigma service, except for more competitive pricing.

About Sigma Payment Solutions

Sigma Payment Solutions offers integrated, full-service, automated payment solutions to businesses nationwide. Payment channel offerings include SMS text pay, virtual terminals, mobile payment technology, Interactive Voice Response (IVR), payment kiosks and Web payment portals. Sigma also provides processing support for all major credit and debit card transactions, as well as ACH processing, Web payments, telephone checks, and more. Learn more at www.sigmapayments.com.

About REPAY
Established in 2006, Realtime Electronic Payments (REPAY) is a full-service provider of electronic transaction processing services for the consumer lending industry, offering a suite of advanced payment technology products that include credit and debit cards, ACH processing, consumer-facing payment portals, bank account verification and electronic bill payment. For more information, visit www.repayonline.com.

Visit the full press release here.

Lucky #7: REPAY’s Seventh Consecutive Appearance on the Inc. 5000 List

Two years ago, REPAY was inducted into the Inc. 5000 Hall of Fame, a distinguished honor that recognizes businesses who have been named as one of the fastest-growing companies in the U.S. for five consecutive years. While the team was thrilled to join the ranks of these admirable and successful companies, REPAY showed no signs of slowing down. Fast forward to 2017, and REPAY has kept its streak alive by grabbing slot #1495 on the Inc. 5000 list.

 

REPAY Achieves Compliance Management Certification from the Third Party Payment Processors Association

Washington, D.C. (PRWEB) April 21, 2015 — The Third Party Payment Processors Association (TPPPA), the not-for-profit industry association representing the interests of payment processors and their banks, released a statement today congratulating its first bank member, National Bank of California (NBCAL), and its first payment processor member, REPAY – Realtime Electronic Payments (REPAY), for successfully completing the Association’s Compliance Management System (CMS) Certification Audits. The CMS is the Association’s best practices guidance created for its members, which consists of model policies and associated control framework tailored to the unique needs and responsibilities of TPPPA bank and processor members. The CMS was created to address the oversight of relevant federal regulatory agencies, including the FDIC, OCC, FRB, CFPB, FTC and FinCEN. The TPPPA in partnership with Kirkpatrick Price, has created a bank and an online payment processor audit based upon the CMS control framework. Successful completion of these audits results in certification by the TPPPA.

“We are very proud of our CMS product, but policies are just words on paper without the means of demonstrating that they are being followed,” said Marsha Jones, TPPPA President. “This is why we created the two distinct certifications audits, one for banks with third-party payment processors as their customers, and the other for processors themselves.”

“National Bank of California (NBCAL) believes third-party payment processors play the important role of serving the electronic payments needs of small businesses,” said Henry Homsher, NBCAL President/CEO. “The TPPPA’s CMS sets a standard of best practices by which responsible banks and payment processors can be distinguished by regulators and the payments industry. We are honored to be recognized as having some of the best practices in ACH processing as the first bank to receive this certification. We also wish to congratulate REPAY on their successful completion of this audit.” “As a board member of the TPPPA, it was important to me that REPAY be one of the first processors to become certified,” said John Morris, REPAY CEO, “But beyond that, we felt that there was great value in an independent audit using the control framework of the TPPPA CMS. Because the SSAE16 audit framework was utilized, we were able to combine the CMS audit with our own controls and not have to add an additional audit. This has been an excellent tool for REPAY to strengthen our existing banking and client relationships as well as pursing new relationships.” To learn more about the TPPPA Compliance Management Certification program visit www.tpppa.org.

Source: PRWeb
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REPAY Acquires Merchant Portfolio of Translink

Atlanta, March 16, 2011 — REPAY – Realtime Electronic Payments – one of Atlanta’s fastest-growing financial services companies, has acquired the merchant card portfolio and related assets of Chicago-based National Translink Corp.

The acquisition added another 1,450 merchants to REPAY’s existing network of 5,000 merchant locations. Through its balanced growth strategy of buy, build and develop, REPAY has established a growth rate of more than 2,000 percent over the past 12 months. This growth was fueled in part by last year’s acquisition of the merchant card portfolio and related assets of Chattanooga-based TBT PAS, Inc.

Founded in 2006, REPAY is a full-service provider of electronic transaction processing services for retail merchants, offering customized solutions for credit and debit cards, gift cards, ACH, electronic check conversion, bank account verification and other gateway applications. REPAY now has offices in Atlanta, Chattanooga and Chicago processing more than $225 million in transaction volume. Taking into account the two acquisitions, REPAY posted 2010 pro forma revenues of $9.5 million.

Shaler Alias, president of REPAY, said the latest acquisition will strengthen the REPAY portfolio and diversify the company client base both geographically and industry-wide in the digital transaction market.

“With our ongoing dedication to creating customized solutions for the retail market, REPAY has established its staying power in the financial services industry,” Alias said. “We listen to the people we’re selling to and we give them what they need to keep up with a dynamic economic climate.”

Alias added, “We are very excited about some of the purchase opportunities that we are evaluating in the marketplace. We are seeing very attractive valuations for select asset purchases.”