August 21, 2017 4:26 AM ET

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Company Overview of Pivotal Payments Inc.

Company Overview

Pivotal Payments Inc. provides merchant services and payment processing solutions to clients in various industries worldwide. The company offers various services, such as debit and credit card processing, electronic check conversion, merchant cash advance programs, business discounts, loyalty/gift card programs, and terminal management solutions to point of sale, online, and mobile merchants. It provides services to small- and mid-sized retail businesses, e-commerce, m-commerce and other card not present merchants, chain stores, franchises, restaurants, and dealerships. The company was founded in 2003 and is based in Plano, Texas. Pivotal Payments Inc. operates as a subsidiary of Pivotal Hol...

5000 Legacy Drive

Suite 320

Plano, TX 75024

United States

Founded in 2003





Key Executives for Pivotal Payments Inc.

Chief Executive Officer and President
Chief Financial Officer and Senior Vice President
Chief Operating Officer
Senior Vice President of Client Solutions
Senior Vice-President of Risk Management
Compensation as of Fiscal Year 2017.

Pivotal Payments Inc. Key Developments

InvoiceSherpa Selects GlobalOnePay to Deliver Seamless Global Payments Integrated with the e-Invoicing Suite

GlobalOnePay, a division of Pivotal Payments offering global omni-channel payment processing technologies and merchant services, announced it will be the exclusive payments provider for InvoiceSherpa, the next generation online accounts receivable platform. InvoiceSherpa automates invoice management, helping business owners increase cash flow by getting paid faster. Through GlobalOnePay's integrated payments API, InvoiceSherpa natively adds payment processing and multi-currency solutions to its e-billing and cash flow management suite. Integration between the two financial technology companies addresses the need for small and midsize business owners to get paid faster, securely and reliably. InvoiceSherpa easily syncs with major accounting software including QuickBooks, SageOne, Xero, FreshBooks and more. The company services close to 1,000 clients in the eCommerce and card not present industries and processes over $1 billion of receivables annually. InvoiceSherpa's key features include: Customizable, automated email and text invoicing; Integration with major 3rd party accounting software; Credit card, ACH and eCheck acceptance; Recurring and subscription payments; Custom scheduled reminders for late fees and surcharges; Automatic staff follow-up reminders; Fully branded customer portal; and Accounts payable.

Pivotal Payments Promotes Edward (Ed) Garcia as Chief Operating Officer

Pivotal Payments announced it has promoted Edward (Ed) Garcia to serve as Chief Operating Officer (COO). In this newly created role, Garcia will assume responsibility for all Operations functions including the company's contact center, loyalty and retention, risk management and corporate project management. Garcia joined Pivotal Payments in 2015 as Senior Vice-President, Operations. Prior to joining Pivotal Payments, Garcia served in senior operational roles in large, globally-focused payment firms, having spearheaded re-engineering, contact center, back-office, billing, commissions, large scale conversions and workforce management initiatives.

Pivotal Payments Supports Android Pay, Bringing Mobile Wallet Acceptance to U.S. Business Owners

Pivotal Payments announced that it will offer Android Pay acceptance, allowing its merchants and partners to benefit from Google's flexible and secure mobile wallet platform. Android Pay enables Android users to seamlessly tap and pay with their phones in more than one million stores in the US, with more locations being added daily. Pivotal Payments' future-proof solutions continue to help business owners be ready for new and emerging payment types as soon as they are available. Pivotal's current hardware lineup offers near field communication (NFC) mobile payment capabilities that are fully compatible with Android Pay, plus point-to-point encryption (P2PE), providing merchants and consumers faster and safer payments. Android Pay allows consumers to make purchases conveniently, securely and easily by simply unlocking their phone and holding it near the contactless terminal. Sign-up and adding credit or debit card data is performed directly through the Android Pay app. To further extend the reach and benefits of Android Pay, Pivotal's FlexPoint integrated payments platform empowers ISV developers to seamlessly incorporate mobile wallets with their core payment software, gift and loyalty apps.

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