American Bancard Announces Addition of Afshin Yazdian as Company’s President

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Experienced Executive Will Focus on Continuing the Company’s Expansion and Growth of Merchant Processing Business and Further Development of the Company’s Proprietary Point of Sale Technology

“There are only a handful of executives in the payment industry who possess the vision to foresee where the industry is headed and the experience and reputation necessary to lead us there,” said Sam Zietz, CEO of American Bancard.

American Bancard, LLC is pleased to announce that Mr. Afshin Yazdian has joined the Company as President. Mr. Yazdian will focus on continuing the Company’s expansion and growth and further development of the Company’s proprietary point of sale technology.

“There are only a handful of executives in the payment industry who possess the vision to foresee where the industry is headed and the experience and reputation necessary to lead us there,” said Sam Zietz, CEO of American Bancard. “Everyone at American Bancard is excited to have Afshin join our team and further bolster our reputation as an industry leader. I am confident that Afshin will be instrumental in leading the Company to a new level of success through the expansion of our current growth strategies, as well as through acquisitions and further development of our sales channels and products.”

Mr. Yazdian joins American Bancard with over 12 years of experience in the merchant processing industry, having served as Executive Vice President & General Counsel for iPayment, Inc. since its founding in 2001 where he was a key member of the Company’s management team and involved in various aspects of the Company’s operations and overall strategy. Prior to his role at iPayment, Mr. Yazdian served as General Counsel & Vice President of Business Development and Mergers & Acquisitions for eConception, a Nashville, TN based venture fund, and was previously with the law firm of Waller Lansden where he practiced in the M&A, Corporate and Securities group. Mr. Yazdian graduated from Emory University, Goizueta Business School and received his JD from The University of Miami School of Law. Mr. Yazdian is actively involved in a variety of community organizations and currently serves on the board of the Jewish Federation of Nashville.

With the hiring of Mr. Yazdian, American Bancard, LLC fortifies its strategy on being a business solutions provider, and has experienced great success in serving the needs of small business owners, providing merchants a full suite of products including payment processing solutions, working capital funding and proprietary point-of-sale technology.

About AMERICAN BANCARD, LLC (http://www.americanbancard.com/)

AMERICAN BANCARD, LLC, is a leading provider of electronic payment equipment and merchant processing services in the U.S. Besides its core business, the company provides additional programs that focus on helping small and medium sized merchants increase their profitability with non-traditional options for securing working capital through its cash advance program. AMERICAN BANCARD has appeared four times on the Inc. Magazine list of 500 fastest growing companies in the U.S. AMERICAN BANCARD is located in Boca Raton, FL and is a registered Independent Sales Organization/Merchant Service Provider (ISO/MSP) of Wells Fargo Bank, Walnut Creek, CA. For more information, visit http://www.americanbancard.com.

Media Contact:
Victoria Andretta, Director of Marketing
Phone: (800) 793-3250, ext. 1358
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Victoria Andretta

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