September 20, 2014 3:18 PM ET

IT Services

Company Overview of iPayment Inc.

Company Overview

iPayment, Inc. provides credit and debit card payment processing services to small merchants in the United States. It performs various functions for small merchants, such as application processing, underwriting, account set-up, risk management, fraud detection, merchant assistance and support, and equipment deployment and chargeback services. The company’s processing services enable merchants to accept credit cards and other forms of payment, including debit cards, checks, gift cards, and loyalty programs in traditional card-present or swipe transactions, as well as in card-not-present transactions, such as those conducted over the phone or through the Internet. It markets and sells its serv...

126 East 56th Street

New York, NY 10022

United States

Founded in 1999

422 Employees

Phone:

212-802-7200

Key Executives for iPayment Inc.

Co-Founder
Age: 46
Chief Financial Officer
Age: 48
Chief Accounting Officer and Vice President of Finance
Age: 44
Senior Vice President
Age: 52
Vice President of Sales - Independent Sales Groups
Compensation as of Fiscal Year 2014.

iPayment Inc. Key Developments

iPayment, Inc. Announces Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

iPayment Inc. announced earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's total revenue was $182.9 million, an increase of 5.1% from the second quarter of 2013. Income from operations was $15.7 million versus $7.9 million in the comparable period of 2013, an increase of 98.9%. This increase was attributable to higher net revenues and lower onetime charges. Consolidated EBITDA was $29.1 million compared to $30.6 million for the second quarter of 2013. For the six months, the company's total revenue increased 3.4% to $341 million from $329.9 million in the first half of 2013. Income from operations increased to $22.8 million from $18.7 million in the comparable period of 2013, an increase of 21.6%.

iPayment Holdings, Inc., iPayment Inc., Q2 2014 Earnings Call, Aug 14, 2014

iPayment Holdings, Inc., iPayment Inc., Q2 2014 Earnings Call, Aug 14, 2014

Verifone Systems, Inc. And iPayment Inc. Partner to Offer iPayment Pos for Small Businesses

VeriFone Systems, Inc. and iPayment, Inc. have partnered to offer iPayment POS, a tablet point of sale solution designed for small businesses. The new iPayment POS solution provides small business owners with advanced capabilities and business acumen previously only available to larger merchants.

Similar Private Companies By Industry

Company Name Region
Data Directions, Inc. United States
Advanced Technology Solutions Group, Inc. United States
Beyond Ink, LLC United States
Blackboard Student Services Inc. United States
Allied Informatics Inc United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact iPayment Inc., please visit www.ipaymentinc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.