Element Payment Services Announces Move to New Corporate Headquarters

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Rapid Growth with New ISV and Major Merchant Partnerships Requires Element to Upgrade to New, State-of-the-Art Facility

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“This is a very exciting time, and the upcoming move signals an important milestone in our incredible story,” said Sean Kramer, president & CEO of Element Payment Services.

Due to phenomenal growth, Element Payment Services, the industry-leading provider of fully integrated PCI DSS compliant payment processing solutions, is thrilled to announce its move to a new corporate headquarters. Twenty one percent employee growth over the last year has created the need for Element to upgrade to a new, high-tech facility. Element’s new headquarters is approximately 50% larger than its previous space and will provide added capacity to support new partners while allowing Element to continue its focus on delivering excellent support to customers.

“This is a very exciting time, and the upcoming move signals an important milestone in our incredible story,” said Sean Kramer, president & CEO of Element Payment Services. “As our client base has grown exponentially over the last 5 years, it was imperative that we move into a newer facility to better service our existing and new partners and their merchants.”

“This move shows a commitment to our community, as well as our partnerships & merchant customers,” continues Kramer. “We strive to deliver industry leading technologies paired with the best customer service solutions to our partners and merchants. Our team has worked extremely hard, and I am thrilled that we are in a position to reward them with a state-of-the-art working environment. “

The new corporate headquarters was “purpose-built”, like Element’s solutions, from the ground up with innovation at every turn. The facility features smartboards, digital signage, high-tech security technologies & system monitoring to ensure that all Element employees can find inspiration to continue to create industry-leading solutions in the future.

About Element Payment Services, Inc.

Headquartered in Chandler, Arizona, Element Payment Services, Inc. is the industry-leading provider of fully integrated PCI DSS compliant payment processing solutions for merchants and business management software providers. Engineered using service-oriented architecture, Element's Express Processing Platform allows for easy integration, supports advanced technologies and manages more than $8 billion in transaction volume annually.

Element's TransFormTM approach to payment processing is built on a simple idea – remove the value and accessibility of cardholder data to eliminate the risk. Leveraging advanced point-to-point encryption and tokenization, Element’s suite of payment solutions transform how payments are secured in a simplified way-delivering optimal security that not only meets but exceeds PCI DSS/PA-DSS compliance requirements. Element's innovative technology, Hosted Payments, was the first payment processing solution on the market to take software providers out of scope for PA-DSS/PCI DSS compliance requirements.

More information about Element Payment Services can be found at http://www.elementps.com.

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