August 01, 2014 1:36 PM ET

IT Services

Company Overview of ProPay Inc.

Company Overview

ProPay Inc. provides payment security solutions for organizations ranging from the small and home-based entrepreneurs to businesses. It offers accept payments, a solution that provides various options for companies to accept payments, and enable businesses to accept credit and debit cards, and e-check payments; Make Payments, a solution that allows companies to pay independent contractors or distributors; payment data security, a payment processing solution; alternate payment methods, which enables companies to increase the speed and frequency of commission payments, facilitate credit card transactions and wholesale orders, and eliminate the gap between recruiting and sales activities; and p...

3400 North Ashton Boulevard

Suite 200

Lehi, UT 84043

United States

Founded in 1997

Phone:

801-341-5300

Fax:

801-341-5301

Key Executives for ProPay Inc.

President
Co-Founder and Director
Executive Vice President
Executive Vice President of Risk Management
Chief Information Officer
Compensation as of Fiscal Year 2014.

ProPay Inc. Key Developments

ProPay Partners With ControlScan to Provide Compliance Tools to its Merchants

ProPay announced a new partnership with ControlScan(R) to provide PCI compliance solutions for small- and medium-sized merchants. ControlScan is an Approved Scanning Vendor (ASV) of the PCI Council. Together, ProPay and ControlScan will provide merchants with a simple and easy to adopt solution that will help merchants navigate the maze of understanding and achieving PCI compliance.

ProPay Announces the Release of ProPay EnsureBill

ProPay announced the release of ProPay EnsureBill(SM), a service for merchants who accept recurring payments. Helping to streamline the process of maintaining and updating stored customer payment card information, it updates customer information for recurring billing, auto-shipments, subscriptions and other functions. EnsureBill can have a significant impact on a company's top and bottom lines. Reducing card declines on monthly billing can lead to improved approval rates and reduce the time and cost associated with manually contacting customers to get updated payment card information. By delivering uninterrupted service, companies are likely to maintain revenues and improve customer retention.

ProPay Announces Launch of Multi-Currency Processing Solution Powered by Planet Payment

ProPay announced the launch of Shop in Your Currency, a multi-currency processing solution powered by Planet Payment, for ProPay merchants. Shop in Your Currency empowers the company's e-commerce merchants to more effectively target foreign markets and grow international sales. With the solution, merchants can localize their offering to allow international customers to view pricing and pay in their home currencies — yet the merchant receives settlement in U.S. dollars. Shop in Your Currency completely eliminates a merchant’s need for a foreign bank account, a foreign exchange third party or overseas incorporation.

Similar Private Companies By Industry

Company Name Region
Logical Systems, LLC United States
Worldlink Integration Group, Inc. United States
Concorde Group, Ltd. United States
Princeton Consultants Inc. United States
Long Business Systems, 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
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ProPay Inc., please visit www.propay.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.