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Simpay (company)

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Alpha Card Services, LLC
Company typePrivate company
IndustryFinancial services, point-of-sale (POS) solutions, Payroll
Founded2000 (2000)
Headquarters,
ServicesMerchant Services
Point-of-Sale (POS) Systems
Payroll Services
Gift & Reward cards
Merchant Cash Advance
ATM Services
OwnerLazaros Kalemis
Number of employees
65
Websitewww.simpay.net

Simpay (formerly Alpha Card Services, but legally still Alpha Card Services, LLC) is a United States–based company that provides card processing services, payroll, Point of sale (POS) systems, gift and reward cards, ATM services, and merchant cash advances to smaller businesses in a wide variety of industries in the United States.[1]

Founded in 2000, Simpay is headquartered in Trevose, Pennsylvania, with a satellite office in Rocklin, California.

The firm is a registered as an Independent Sales Organization and Merchant Services Provider (ISO/MSP) with Wells Fargo Bank.[2]

In addition to its staff, the firm partners with independent resellers, agents, and other ISOs around the country who sell the product line to local merchants, businesses, and professional firms.

History

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Alpha Card Services was founded by Lazaros Kalemis and Dimitrios Tsikoudis in October 2000 in Philadelphia, Pennsylvania. In 2005, the company moved to a larger location in Huntingdon Valley, Pennsylvania.[3]

In May 2006, Alpha Card Services added its first new service line – Alpha ATM Services; in 2011 it added POS Services and Payroll Services. These services include card processing and merchant cash advances.

Alpha Card Services was listed as one of Inc. Magazine’s 500 fastest-growing privately held companies in the United States for three years.[4] 2007 (#99),[5] 2008 (No. 292),[6] 2009 (No. 416)[7]

December 2012, the firm acquired Comstat Payroll, based in St Louis, Missouri.[8]

In June 2013, the company moved its headquarters to its current facility in Trevose, Pennsylvania.

In October 2017, the company rebranded itself to the marketplace as Simpay.

References

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  1. ^ "Simpay Solutions". Simpay. Retrieved 23 July 2018.
  2. ^ "Simpay Solutions VISA Global Registry of Service Providers". Visa.com. VISA. Retrieved 23 July 2018.
  3. ^ Greensheet Article - The low-attrition ISO, retrieved November 11, 2018
  4. ^ "Alpha Card Services - Huntingdon Valley, PA - The Inc.5000". Inc.com. Retrieved 2012-08-10.
  5. ^ "The 2007 Inc. 5000 List - Rome Corp. through Accuray". Inc.com. Retrieved 2013-10-23.
  6. ^ "The 2008 Inc. 5000 List - WilDon Solutions through TopCoder". Inc.com. Retrieved 2013-10-23.
  7. ^ "The 2009 Inc. 5000 List - Most Brand Development + Advertising through Spinnaker". Inc.com. Retrieved 2013-10-23.
  8. ^ "Alpha Card Services acquires payroll services provider". Burlington County Times. December 7, 2012. Retrieved July 23, 2018.
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