Calverton, New York – March 12, 2020 – Electronic Payments’ Founder and CEO, Michael Nardy, has been selected as a 2020 Forty Under 40 honoree by the Electronic Transactions Association (ETA). This annual recognition program celebrates leading payment executives whose innovation and leadership advance growing industry segments, including FinTech, with tangible payment solutions.
Mr. Nardy founded Electronic Payments 20 years ago, while he was a student at Boston College. Today, the company employs over 150 full-time staff, partners with more than 900 sales agents across the country, and processes over $13 Billion in annual transaction volume. Electronic Payments has grown into the 19th largest transaction processor in the United States without private equity or venture capital investments.
“I’m honored to be part of an industry that is led by such talented, innovative business professionals,” said Mr. Nardy. “Many significant relationships in my life, including lifelong friends, colleagues, and mentors, are with people I’ve met through the ETA and at TRANSACT. I’m passionate about this industry and committed to making positive contributions in the years to come.”
A number of these contributions include offering cutting-edge payment and point of sale technologies that empower merchant level salespeople and businesses nationwide. The company’s proprietary products are developed and supported in-house, and backed by Electronic Payments’ unrivaled in-house support and services. Their most recent restaurant management platform, TableTurn™, brings essential features to leading POS systems that would be unavailable otherwise, such as support for EMV and NFC payments with tip adjust, pay-at-table, and other business-building tools.
“We’re developing relevant, accessible, and affordable payment technologies that make a genuine difference—and bring greater value—to both our sales agents and merchants. Every day, I get to collaborate with a skilled team who works diligently toward our common goals. This recognition is shared with them,” said Mr. Nardy.
The ETA petitioned for nominations to distinguish leaders whose influence continues to propel the industry forward. Final selections by the ETA Awards and Recognition Committee were based on the nominees' impact as well as their professional character. The Forty Under 40 class will be recognized at TRANSACT 2020, the industry’s premier payment industry event, April 28 – 30, in Las Vegas and featured in the Spring issue of Transaction Trends, the ETA’s industry publication.
To learn more about Mr. Nardy and read his full ETA interview, visit https://www.electronicpayments.com/newsfeed/forty-under-40.
For additional details on the 2020 Forty Under 40 class, and the companies they represent, visit https://www.electran.org/eta-events-awards/forty-under-40/.
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The Electronic Transactions Association (ETA) is the global trade association representing more than 500 payments and technology companies. ETA members make commerce possible by processing more than $21 Trillion in purchases worldwide and deploying payments innovation to merchants and consumers.
About Electronic Payments
Continuously innovating with new technologies, Electronic Payments has distinguished itself as one of the most highly regarded payment and transaction processing companies in the United States. Electronic Payments currently serves businesses in all types of industries and acquires new merchants through a network of POS value-added resellers (VARS), agent banks, sales agents, and independent sales offices (ISOs). Visit www.electronicpayments.com for more information.